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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 Debt Collection

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 Debt Collection

Knowing your Rights: The Fair Debt Collection Practices Act

Being in debt doesn’t mean that you are at the mercy of your creditors In fact, in 1977, the United States Congress passed the Fair Debt Collection Practices Act Commonly referred to as FDCPA, the Fair Debt Collection Practices Act was drafted in order to prevent debt collection agencies from abusing or harassing debtors This act outlines the limits to which collection agencies can pursue deb.....More on Debt Collection

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 Debt Collection

Debt Collection Techniques: How to Collect Debt Successfully

With Americans owing billions and billions of dollars in debt, both creditors and collection agencies are feeling the pressure Debt collectors must employ techniques that will encourage debtors to pay Successful debt collection techniques will help the collector get the account settled immediately On top of the pressure to collect debt, debt collectors still have to be mindful of the laws that .....More on Debt Collection

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 Debt Collection

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 Debt Collection

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 Debt Collection

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 Debt Collection

Tips to Successful Bad Debt Collection

Bad debts are a huge problem Bad debt collection is an even bigger problem When a debtor has stopped making payment months or years ago, the debt is considered a bad debt This debt can be written off and declared as a loss The problem is that banks, lending companies, and smaller creditors need to survive If they keep on declaring bad debts as losses, they will keep losing money For smaller .....More on Debt Collection

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 Debt Collection

Going Through Credit Card Debt Collection

Americans abused their credit cards so much that the country’s credit card debt is now worth over $915 billion For credit card companies, the question remains � how do they pursue millions of people to collect billions of dollars worth of overdue payments So, the problem doesn’t stop at the debt In reality, credit card debt collection probably brings the biggest headache, both for the .....More on Debt Collection

RSS feed for Debt Collection

﻿Defend Yourself with the Fair Debt Collection Act

﻿About Debt Collection Agencies

﻿Knowing your Rights: The Fair Debt Collection Practices Act

﻿Debt Collection Practices: The Dos and Don’ts

﻿Debt Collection Techniques: How to Collect Debt Successfully

﻿Learn About Debt Collection Laws

﻿Fair Debt Collection Practices Act: Dealing with Abusive Debt Collectors

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

﻿Dealing with Debt Collection Letters

﻿Tips to Successful Bad Debt Collection

﻿Is a Debt Collection Agency Coming After You

﻿Going Through Credit Card Debt Collection