How Do You Settle With A Debt Collector?
When life is tough, sometimes you may not be able to pay your bills on time and that can send your accounts into collections. That can cause a lot of stress especially when collection agencies are hounding you day and night. But the situation doesn’t need to be hopeless. Dealing with debt collection agencies can be very frustrating especially when the debt collection effort becomes harassing, annoying, threatening and verbally abusive. You have rights that credit card companies, banks and attorneys have to abide by. Knowing your rights can work to your advantage and assist you in rectifying your debt commitments. Credit card companies, collection agencies and banks must adhere to the Fair Debt Collection Practices Act (FDCPA) and any other law that apply to the practice of collecting debt. Because of the Fair Debt Collection Practices Act, anyone who is the subject of debt collection has the basic right to verbally request that the debt collector not make contact by phone or not to con
