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Fair Debt Collection Practices Act: Dealing with Abusive Debt Collectors

In an effort to make you pay, some debt collectors may resort to unethical means They may falsely threaten you with law suits or repossessions They may call you incessantly or use derogatory language that will embarrass and humiliate you However, these things don’t have to happen The United States actually has a Fair Debt Collection Practices Act that protects individuals from the abusive be.....More on Collection Debt

The Basics of Debt Collection Software

Debt collection software is a program that helps companies track debts This software is designed to keep track of payments, fines, penalties and other matters concerning the accounts of debtors Benefits of debt collection software First of all, debt collection software will help you get organized Instead of having piles and piles of paperwork in the office, debt collection software can co.....More on Collection Debt

Learn About Debt Collection Laws

With millions of Americans in debt, debt collection has become a booming industry In 2004 alone, the debt collection industry made over $165 billion in profit With so much money on the line, debt collection agencies are under a lot of pressure In some cases, this pressure has resulted in abusive and aggressive behavior that many debtors find intimidating So, in order to protect debtors, th.....More on Collection Debt

Dealing with Debt Collection Letters

If you have missed payments for any of your debts, there is a chance that you will have debt collection letters piling up on your desk These letters will remind you of all the money you owe to certain people or certain companies However, before you shove those debt collection letters into your desk drawer, try looking at them Once you start acknowledging these letters, you’ll have less anxiet.....More on Collection Debt

Debt Collection Practices: The Dos and Don’ts

It may be true that you do owe money to the debt collector who is standing at your door However, that doesn’t change the fact that you are still a client and you deserve to be treated fairly You have the Fair Debt Collection Practices Act to protect you This act will help you fight back when your debt collector displays actions that can be considered bad debt collection practices By under.....More on Collection Debt

About Debt Collection Agencies

When you miss payments on your debts, you’re not the only one who gets into trouble Your creditors, the businesses that you owe money to, also feel the crunch For every month that you don’t pay, they will lose more and more money For smaller businesses, this can be devastating This is where debt collection agencies come in When companies find that pursuing you for payments is taking to.....More on Collection Debt

The Importance of Understanding the Debt Collection Statute of Limitations

Debt collection is covered by the statute of limitations The statute of limitations refers to the law that sets a deadline for law suits For every type of case, the law sets a certain timeframe for people to sue Normally, the debt collection statute of limitations set the timeframe according to the date of the event’s occurrence In reference to debt collection, it means that after the design.....More on Collection Debt

Fair Debt Collection Practices: What to Expect from your Debt Collector

The best way to protect yourself from harassment is to know the exact job description of your debt collector If you know the things that his job entitles him to do, you can keep better track of his behavior and take action when he violates your rights To know the debt collector’s job description, you need to have a thorough understanding of the 1977 Fair Debt Collection Practices Act This act.....More on Collection Debt

Defend Yourself with the Fair Debt Collection Act

In 1977, the United States’ congress passed the Fair Debt Collection Practices Act Commonly referred to as the Fair Debt Collection Act, this law was drafted in order to provide guidelines, procedures and limitations to regulate the activities that are done in debt collection processes Because of the Fair Debt Collection Act, debt collectors have refrained from using threats, lies or insults t.....More on Collection Debt

Is a Debt Collection Agency Coming After You

Don’t panic A debt collection agency will not contact you if you miss a month or two of payments A debt collection agency is a creditor’s last resort This type of agency only enters the picture when your creditor has given up trying to collect payments from you So, what will drive a debt collection agency to your doorstep Here are a few of the common causes: Failure to respond to n.....More on Collection Debt

What Fair Debt Collection Means to You

So, you may have missed some payments on your mortgage Or, you may have failed to respond to calls from your creditor Despite the fact that you may have failed to keep your end of the contract, you still have the right to be treated fairly during the process of debt collection Fair debt collection involves the use of proper tools to evaluate your situation It also gives you ample time to re.....More on Collection Debt

The Debt Collection Law: What You Need to Know if You are in Debt

Under the Fair Debt Collection Practices Act (FDCPA), you are protected from the abusive actions of a debt collector No matter how much the creditor wants his money back, he needs to follow the guidelines of this debt collection law This law has special implications for you, your workplace and even your medical care The Debt Collection Law and Your Workplace The debt collection law, speci.....More on Collection Debt

RSS feed for Debt Collection Guide

﻿Fair Debt Collection Practices Act: Dealing with Abusive Debt Collectors

﻿The Basics of Debt Collection Software

﻿Learn About Debt Collection Laws

﻿Dealing with Debt Collection Letters

﻿Debt Collection Practices: The Dos and Don’ts

﻿About Debt Collection Agencies

﻿The Importance of Understanding the Debt Collection Statute of Limitations

﻿Fair Debt Collection Practices: What to Expect from your Debt Collector

﻿Defend Yourself with the Fair Debt Collection Act

﻿Is a Debt Collection Agency Coming After You

﻿What Fair Debt Collection Means to You

﻿The Debt Collection Law: What You Need to Know if You are in Debt