How do collectors go about collecting past-due bills?
The usual first step used by ethical debt collectors is to notify the consumer (in accordance with the federal Fair Debt Collection Practices Act and perhaps other local and state laws) that the debt has been placed for collection. The letter will contain all the legally required notices to identify the original creditor, the amount of the debt and your rights under the FDCPA. If you dispute the debt, you have 30 days to do so in writing. After 30 days, demands can be made by the debt collectors for immediate and full payment. If there is no response to the requests for payment by mail, the collector may begin attempts to contact the consumer by phone. When contact either by phone or mail is made, the collectors objective is to motivate the consumer to pay. If the consumer is short of money to make a full payment, the collector will usually work out a payment schedule. What should I do if I am contacted by a collection agency? Call or write them at once! For the collection agency, this
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