collections

Even though it’s stressful to deal with debt collectors, ironically, it’s when your account is past due that you are often in the best position of all to negotiate with bill collectors and collection agencies. You have something that bill collector wants – cash.

They also have something you want – the power to update your credit report, and to go away. So your strategy, in a nutshell, should be to dangle the cash carrot before their eyes – whatever amount of cash you have. Read on for more tips about your options for dealing with debt collectors.

debt collector

Debt Collector Harasses Consumers, Slapped With Record Fines

 Have you ever had a crazy debt collector who just wouldn’t leave you alone? I’m talking about the kind of bill collector that calls you at all hours of the morning and night, who calls over and over and over again, or who calls you on your job – even after you say you can’t

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Person with curly hair wearing a red shirt extends their hand towards the camera, fingers spread, as if reaching out to collectors against a white background.

How to Stop Bill Collectors From Harassing You By Using a Cease and Desist Letter

 It’s no picnic when your bills are overdue and debt collectors are calling you at all hours, harassing you non-stop at home or work. But just because you may (or may not) owe some company money, that doesn’t give an overly aggressive bill collector a free pass to violate your legal rights, intimidate and harass

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get out of debt

Learn How to Deal with Creditors and Get Out of Debt Forever

Dealing with debt collectors is stressful. They call at all hours of the day and night. They hound you for money – whether you’re working or unemployed. And they generally make life unpleasant when you owe them, or one of their clients, cash. But just because you owe a company money doesn’t mean they have

Learn How to Deal with Creditors and Get Out of Debt Forever Read More »

A person with a black headband and checkered scarf yells into a flip phone, possibly dealing with collection agencies.

Beware of Calls and Threats From Fake Collection Agencies

Beware of calls from shady, unlicensed collection agencies and their verbal threats to garnish your wages. I recently heard about people receiving repeated calls from the PDLR Group. Apparently representatives from PDLR were threatening to garnish people’s wages and consumers wanted to know if this was legitimate. One individual questioned the legitimacy of the PDLR

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Record Number of Lawsuits Against Debt Collectors

Fed-up consumers are fighting back against overly aggressive debt collectors, slapping collection agencies and creditors with a record 7,923 lawsuits from January 1 through August 15, 2011, according to a report in Collections & Credit Risk. By comparison, in the same period from a year ago, consumers filed only 7,169 such lawsuits. That means lawsuits

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A black chalkboard with a wooden frame displays the handwritten message "DON'T GIVE UP" in white chalk. A piece of chalk rests on the bottom edge, ready to renegotiate any doubts that might arise.

What to Do If a Creditor Will Not Renegotiate the Terms of Your Agreement

One of the options you have when you can’t pay an outstanding debt is to renegotiate the terms of your agreement directly with your creditor. You might choose to do this before the account goes to collections so that the incident doesn’t go on your credit report and negatively affects your credit rating. Some creditors

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A stack of bills and invoices, each labeled with amounts due and ominously stamped "Past Due," awaits the inevitable call from a bill collector.

What to Get from a Bill Collector Before You Make a Single Payment

If a bill collector has started to contact you about an outstanding debt and is using some intimidation tactics to get you to pay up fast, you need to be very careful about what you say to them and when you actually make a payment. In some cases, you could be relieved from the debt

What to Get from a Bill Collector Before You Make a Single Payment Read More »

Close-up of an expired parking meter with a red indicator showing "EXPIRED" and a label reading "ELEVEN HOUR TIME LIMIT," reminiscent of a legal statute of limitations having run its course.

Using a Statute of Limitations Law to Eliminate Your Debt

When debt collectors are contacting you regularly and you’re wondering if you should just pay off the debt to get rid of them, stop! Many consumers don’t realize that the debts some bill collectors are chasing after aren’t the consumer’s responsibility anymore. How is this possible? Because of the Statute of Limoutstanding debtitations that exist

Using a Statute of Limitations Law to Eliminate Your Debt Read More »

Three red dice with the words "Regulations," "Guidelines," and "Compliance" displayed on the front faces, representing concepts related to rules and standards like the Fair Debt Collection Practices Act.

Know and Assert Your Rights Under the Fair Debt Collection Practices Act

Have you ever been harassed by a bill collector because of a past due bill? If the answer is ‘yes’, the bill collector is in violation of a Federal law. The Federal Trade Commission (FTC) is the country’s consumer protection agency and enforces the Fair Debt Collection Practices Act to prevent “abusive, unfair or deceptive

Know and Assert Your Rights Under the Fair Debt Collection Practices Act Read More »

Man in a suit with a purple tie extends an open hand forward, while the other hand is in his pocket, evoking the poised stance of a debt collector. The face is not visible.

How to Find Out if a Debt Collector is Licensed to Collect Your Debt

Reduce Your Debts Without Bankruptcy. See How Much You Can Save. Free Debt Analysis When you are contacted by a debt collector, one of the first things you need to do is verify that their claim is legitimate and if it is, confirm that the debt collector is actually licensed to collect on that debt

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