Debt Collections - Protect Yourself and Know Your Rights!
Across America, consumers going through financial hardship are being contacted, and often harassed, by debt collectors or debt collection agencies. While there is state and federal law (The Fair Debt Collection Practices Act) that regulates what collectors can, and cannot do, many aggressive and unethical collection agencies pressure consumers excessively. In some cases, individuals are called at work, or at home after hours. Or, debtors may receive collection letters that threaten arrest or legal action.
Standing Up to Debt Collectors - See if You Qualify for Relief
The good news, if you are being subject to threatening letters, phone calls, or overly aggressive or illegal action on the part of debt collectors -- there are a variety of legal debt relief options available. To find out what debt relief options are available to you, and protect your rights against debt collectors, take a moment to request your free debt analysis and savings estimate.
Getting Help When Debt Collectors Use Illegal Tactics
Some predatory debt collectors may even locate friends, family members (other than a spouse), or neighbors and discuss the debt matter in an effort to embarrass the individual in debt. With few exceptions, all of these are illegal tactics used by debt collectors.
The fact is - many debt collectors, in an attempt to collect on credit cards and other debts often are in violation of federal (and state) laws that govern how debt collectors and collection agencies may conduct their business.
See if you qualify for debt relief: Get Your Free Debt Analysis and Savings Estimate
In almost all cases, debt collectors are pursuing consumers to collect unsecured debt. Debt that the collection agency has "purchased" from credit card companies or other creditors for a fraction of the outstanding debt. As a result, despite the threats and aggressive (and illegal collection tactics) debt collectors will often agree to settle debt for much less than the original amount owed.
The bottom line: Know your rights as a debtor and protect yourself. Read the Fair Debt Collections Practices Act: //www.ftc.gov/os/statutes/fdcpa/fdcpact.shtm
To see how much debt relief could save you, get your free debt relief analysis and savings estimate at no obligation.