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 [...]

Those little pieces of plastic can sometimes get you into trouble. Sometimes nothing is easier than to take out your credit card and pay for that sweater or piece of furniture you have been eyeing for months. And who hasn’t been asked by the check-out person to sign up for a credit card in order [...]

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 [...]

Debt recovery tribunal is a method of repaying debt. If you are a consumer that has failed to make payment on the debt they have to an organization or to a business, it becomes very important for you to take into consideration the overall goals you have and determine how you can make payment. There [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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, [...]

With millions of Americans in debt, debt collection has become a booming industry. In 2004 alone, the debt collection industry made over $16.5 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 [...]

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 [...]

The words ‘debt collection’ bring a lot of panic and anxiety to individuals who are in debt. It may be your student loans, your mortgage on your house or your car payments. No matter what the debt may be, debt collection is something that every debtor has to face. After all, your creditors and lenders [...]

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 [...]

If you have debts to pay for your credit cards, student loans, mortgages or car payments, you should be diligent about making the required payments. If you repeatedly miss payments, your account may be turned over to an agency for the collection of debt. Once your creditor has grown tired of pursuing you for payments, [...]

Bad debt collection is one of the most common reasons that collectors will call you. If you have bad credit, these collectors may call if you miss a payment, stop making payments or exceed your credit limit. The calls are annoying and often very hard to avoid. However, do you have rights against this type [...]