Fair Debt Collection Practices Act: An Explanation
If youve ever gotten behind on your bills, you know that debt collectors are relentless in their efforts to get the money you owe. Sometimes, their behavior borders on harassment. If youre getting calls from a creditor or collection agency, its important to know that you have certain rights. These rights are outlined in the [...]
Debt Collection Statute of Limitations
If you fail to repay a debt in full, it doesnt just disappear. Its usually sold to a collection agency, who may hound you about it for years. If that agency doesnt collect payment, they may pass it on to another, and that agency may pass it on to another. And you may still get [...]
Five Tips for Dealing with Debt Collection Agencies
When debt collectors start calling, we might consider throwing the phone out the window. But thats not the best way to deal with collection efforts. If you ignore them, they will keep calling for months or even years on end. And no one wants to live in fear every time the phone rings. Debt collectors [...]
Debt Handling – How To Deal With Debt Collectors
Debt collectors ringing your phone off the hook and sending intimidating letters can frazzle anyone’s nerves. But you have various forms of protection and many techniques available to deal with them. The Fair Debt Collection Practices Act sets guidelines for what debt collectors may or may not legally do when attempting to collect a debt. [...]
Protect Yourself From Debt Collectors
You have an obligation to repay your debts, even if you have fallen on hard times. However, you don’t have an obligation to be harassed, to be threatened, to be treated badly. The Fair Debt Collection Practices Act offers protection to consumers who have borrowed money. This does not mean that you can, or should, [...]
