How to Deal with Collection Agencies

How to deal with collection agencies

For anyone in debt, one of the most gut-wrenching parts of the whole ordeal is dealing with collection agents. They’re often rude, obnoxious and totally uncaring. Some even break the law, harassing people at all hours of the day and night, and calling your friends, relatives and even your boss in an attempt to embarrass you into paying your debts. Thankfully, you don’t have to be at the mercy of an unfeeling debt collector. In fact, you have many rights under the law to protect you from abusive collection agencies. But you have to know what those rights are and how to assert them. Moreover, in order to reduce your debt and improve your credit rating, you must learn how to get collection agents to give you what you want not just the other way around.


In this session you’ll learn:

  • What to say  and what not to reveal  to collection agents that call you
  • How to write a cease and desist letter that stops collection agents in their tracks
  • How the Fair Debt Collection Practices Act protects you from collection harassment
  • When your debts are no longer collectible, under your states statute of limitations
  • The power of having a debt-verification letter
  • The dangers of sending post-dated checks to bill collectors
  • How to dispute debts that are inaccurate, incomplete, or not yours
  • How to properly negotiate debt settlements
  • How to make sure your credit isn’t ruined by bill collectors
  • When to consider bankruptcy and MORE!

Format: Audio MP3
60 Minutes
Download now for just $5.99


Related Questions:

Leave a Reply

Follow The Money Coach

Enter your email address:

Delivered by FeedBurner

Disclaimer

All information on this blog is for educational purposes only.  

Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney.

If you need specialty financial, investment or legal advice, please consult the appropriate professional.

Per FTC guidelines, this site may accept advertising, affiliate payments or other forms of compensation from companies mentioned.

Details of any products, services, prices or offers highlighted on this site may change, so check with the company or provider for up-to-date terms.