Negotiating a Debt Collection Settlement
A debt collector may agree to let you pay less than the total amount you owe on a debt. Although settling a debt shows up as negative information in your credit report, negotiating a settlement indicates [more…]
What Debt Collectors Can’t Do to Recover Your Debts
Knowing what debt collectors cannot do to collect a debt from you may help you deal with and protect you from their approaches to debt collection.
The Fair Debt Collection Practices Act [more…]
What to Expect from Debt Collection against Your Unpaid Bills
Laws govern what debt collectors can do if you fall behind on an unsecured debt. If a debt collector sues you, you will be notified of the lawsuit via a summons [more…]
How to Dispute Your Debt with a Debt Collector
You’re contacted by a debt collector. You don’t agree that you owe that much — or anything at all! What to do next to save your credit from crashing?
Send the debt collector a letter disputing it within [more…]
Ask Debt Collectors for Proof of Your Debt
When a debt collector contacts you about a debt, he must send a written statement of your right to request written verification of the debt and your right to dispute the debt. [more…]
Debt Collectors May Try to Cash In on Old Debts
Debt collectors who pursue old debts are not breaking any laws unless they violate the Fair Debt Collection Practices Act (FDCPA) or your state’s debt collection laws. Beware fast-buck motives, though! [more…]
How to Deal with Debt Collectors Who Violate Your Rights
Even if a debt collector violates the law in a relatively minor way, you can file a formal complaint. Take the following steps to protect your rights: [more…]
Tips for Handling Debt Collector Calls
A call from a debt collector can be intimidating to say the least. The following tips will help you stay in control and calmly handle a debt collector so you avoid saying something that could create more [more…]
Things Debt Collectors Can't Do
Getting a call from debt collector can be unnerving, especially when they start pressuring you into paying more than you think you can afford. You have rights as a consumer when debt collectors call as [more…]
