Tag Archive
Debt Settlement is a Hard Game for Debt Collectors
When you are contacted by a debt collector you have the right to dispute whatever information the debt collector accuses you of. This includes the information being inaccurate in the total amount of debt owed, the information being incomplete or the name of the creditor being incorrect. When this happens you have the right to… »
Your Debt Collector Must Tell You the Amount of Your Debt
The economy today has devolved to the point where it is more commonplace than almost ever to run in to people dealing with creditors or debt collectors. Not having a job and dealing with possible foreclosure makes the everyday activities seem less impactful and sometimes you lose track of what you actually owe a creditor. … »
Debt Collectors Cannot Deceive You in the Mail
When you are in the process of dealing with a debt collector there are bound to be communication gaps due to the nature of the relationship. Creditors and debtors generally have a lack of communication and that is the reason the issue is with a debt collector, so some is understood. What is not normal… »
Threats of Financial Harm are not Permitted to Debt Collectors
If you have agreed to make out a post dated check to a debt collector in hopes to make them stop calling and put an end to your debt issues you should know a few things. When you make this agreement and send the postdated check to the debt collector they must abide by the… »
Debt Collectors Should Not Pursue Post Dated Checks
The sole purpose of the Fair Debt Collection Practices Act is to protect the parties involved in the process from unfair treatment. You, the consumer, must be protected from false accusations or threats that force you to make a payment or payments that you do not want to make. If you feel that you are… »
There are Payment Rules for Debt Collections
When you are contacted by a debt collector in relation to your debts you are usually offered an amount to settle the debt that is less than the actual debt. The creditor that you owed the debt to will then write off the remaining amount on their taxes and move on to the next person. … »
Unfair Practices Outlined for Debt Collectors
Debt collectors must abide by a set of guidelines set forth by the Fair Debt Collection Practices Act or risk sanctions by the government. These rules were set to protect you, the consumer, from being threatened or pressured into decisions that you do not feel comfortable with. Part of this act is to outline specific… »
Debt Collectors are not Allowed to Lie about their Affiliations
When you are being contacted by a debt collector there should be an alarm that goes off in your head telling you that you are in need of a change. It is time to start doing something about your unpaid debts when you are contacted by a debt collector so don’t let the situation get… »
Debt Collection Must be Honest
Certain terms and job types don’t immediately evoke the images that you want to have of the job or of any other type of identity. The role of a debt collector is not one that evokes fun and lovely memories for anybody and this is why they are ignored and mostly treated poorly. If you… »
The Collection of Your Debts is Not a Legal Process
When trying to collect the debts that you owe it is no secret that debt collectors will try any old trick under the sun. No stones will be left unturned and the pressure will continue to mount as call after call comes from the debt collector. What you may not realize is that some of… »