Debt collectors can call you. They can call you at work too. Although, if they call you at work, you can have them stop calling you if you tell them that you are not allowed to accept debt collection calls at work - aka a personal call. Which means they can't call you at work if you tell them they can't. If a debt collector … [Read more...] about What Creditors Can Do – And What They Can’t
For the purposes of discussing debt settlement and learning what is debt settlement, we'll talk about debt settlement as it pertains to a debt settlement company. Simply put, debt settlement is the process of using a debt settlement company to manage and negotiate paying off your bad debt over time one account at a time. Bad … [Read more...] about What Is Debt Settlement? An Option If Your Credit Has Gone Bad
Consumer Credit Counseling is a service provided by locally based non profit agencies that is designed to help you if you are financially strapped and distressed. While working with a consumer credit counseling service agency - CCCS, you may receive budget counseling, housing counseling, debt management training, and money … [Read more...] about What Is Consumer Credit Counseling? One Option To Get Out of Debt
There are essentially 4 ways to go when it comes to getting out of debt and being debt free. When it comes to these 4 options, you need to know the credit standing of each of your credit accounts. Are you in collections or not is what you need to know. My Debt Is Not In Collections If your debt is not in collections you have … [Read more...] about Collection Accounts or Not – 4 Options For Getting Out of Debt
Are you in a position where your finances have hit bottom and you can no longer continue to pay your bills? If this describes you and your bills have gone to collections then you need to learn about these debt settlement tips Debt settlement or debt negotiation can reduce the total of your outstanding debts by as much as 40 to … [Read more...] about Credit Card Debt Solutions: Debt Settlement Tips
What do you do if you get sued by a creditor? The day finally came and you hoped that it never would. You went to your mailbox and there was a summons for you to appear in court for an old credit card that you did not pay years ago. You hoped that it would go away but it did not. The past always has a way of catching up with … [Read more...] about I Am Getting Sued By A Creditor – What Do I Do?
Getting behind on your bills is stressful enough, but the constant creditor calls can be enough to drive you crazy. Some collection agency tactics can be unmerciful. Threats and personal degradation towards you can be normal practice. Some collection agencies will do whatever it takes to get paid. They are not interested in your … [Read more...] about Sample Letter To Stop Creditor Calls
If you are paying off old collection accounts you need to be cautious when sending in a negotiated balance. A negotiated balance means that you are sending in less than you originally owed per an agreement made with the collection company. In making a negotiated payment to pay off your collection account you run the risk of … [Read more...] about Sample Letter – Release For Paying Off A Debt With A Debt Settlement