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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 Statute Of Limitations

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 Statute Of Limitations

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 Statute Of Limitations

Creditors and the Debt Collection Letter

You may think that the debt collection letter that’s sitting in your mailbox is nothing but pain mailed directly to you However, you have to keep in mind that for every debt collection letter that is sent, the pain goes both ways � the creditor is desperate for payment for an overdue account and the debtor is scrambling for money to meet the due date of the payment So, just as much as the de.....More on Debt Collection Statute Of Limitations

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 Statute Of Limitations

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 Debt Collection Statute Of Limitations

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 Statute Of Limitations

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 Statute Of Limitations

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 Debt Collection Statute Of Limitations

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 Statute Of Limitations

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 Statute Of Limitations

Dealing with Skip Tracers and Debt Collection

One of the biggest problems that debt collectors face is locating their debtors When a debtor moves to another house in another state, the collection agency often has no clue how to locate him So, how do collection agencies track runaway debtors The solution is easy � they hire skip tracers Skip tracers are people whose sole mission is to locate debtors who moved without giving their new .....More on Debt Collection Statute Of Limitations

RSS feed for Debt Collection Guide

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

﻿Going Through Credit Card Debt Collection

﻿Is a Debt Collection Agency Coming After You

﻿Creditors and the Debt Collection Letter

﻿Dealing with Debt Collection Letters

﻿The Basics of Debt Collection Software

﻿Tips to Successful Bad Debt Collection

﻿Fair Debt Collection Practices Act: Dealing with Abusive Debt Collectors

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

﻿Learn About Debt Collection Laws

﻿About Debt Collection Agencies

﻿Dealing with Skip Tracers and Debt Collection