When your phone starts ringing and debt collectors are on the other line, you know that you are in trouble. One of the things that make debt stressful are collection calls. This is the time when people are usually in a bad financial condition and they cannot afford to pay their debts anymore. You are […]
4 Steps Before You Dispute Debts You Do Not Owe
Being collected for a debt that you owe is stressful. When a collections agency is already in the picture, that is a reminder that you had been defaulting on your payments. The creditor gave up or is about to give up on your account and that is why they passed on the account to a […]
What To Do About Debt Collection Letters
No one intends to pay their bills late. However, failing to pay your bills on time may result in debt letters being sent your way. Debt collection letters are sent to help creditors document their efforts to collect a debt before going to court. You need to know what your options are if you ever […]
Understanding the Fair Debt Collection Practices Act
How The Fair Debt Collection Practices Act Helps Consumers In Debt Dealing with debt collectors can be a frustrating experience. Debt collectors use aggressive strategies to compel consumers to pay past due debts in an effort to recover as much of the debt as possible. Although federal law gives collectors the latitude to pursue recovery […]