Bohemia, NY (PRWEB) February 21, 2013
On February 21, Rapid Recovery Solution, a debt collection agency, reacts to an article on UTSanDiego.com about managing debts with collectors and includes links to resources on current legislation on debt collection.
According to the UTSanDiego.com article, “The Federal Trade Commission enforces the Fair Debt Collection Practices Act and maintains this page on what you should know about debt collectors, and what you can do if you feel you are being treated unfairly by a debt collector.” However, because the FTC doesn’t include every situation, the Privacy Rights Clearinghouse lists the debts that aren’t on the list – such as government debts.
In the article, Credit.com finance professional Gerri Detweiler offered tips on how to handle debt collectors. Detweiler said, “…the first thing to do when a debt collector calls is to tell the collector to ‘put it in writing,’ which is a right under the federal law.” Credit.com includes a compilation of “debt-collection rights” and “confessions of debt collectors.”
CEO of Rapid Recovery Solution, John Monderine, responds to the article. Monderine says he supports debtors’ rights, continuing, “When you have a debt, it’s important to know your rights to be sure that your case is being managed swiftly and professionally. Part of your duty as a consumer and a debtor is to try to stay informed about what is considered good practice for debt collecting.” Monderine adds, “Research is an essential part of your strategy to be debt-free – and working with the right collector will alleviate your stress.”
Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.