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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

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

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 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

Understanding Debt Collection

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 need to get their money back So when you answer your door bell and you come face to face.....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

What Fair Debt Collection Means to You

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 involves the use of proper tools to evaluate your situation It also gives you ample time to re.....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

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

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

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

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

RSS feed for Debt Collection Guide

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

﻿Creditors and the Debt Collection Letter

﻿Fair Debt Collection Practices Act: Dealing with Abusive Debt Collectors

﻿The Basics of Debt Collection Software

﻿Understanding Debt Collection

﻿Dealing with Debt Collection Letters

﻿What Fair Debt Collection Means to You

﻿Going Through Credit Card Debt Collection

﻿Debt Collection Practices: The Dos and Don’ts

﻿Tips to Successful Bad Debt Collection

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

﻿Debt Collection Techniques: How to Collect Debt Successfully