Debtors are encouraged to read the Fair Debt Collections Practices Act (FDCPA) to know what the collector can or cannot do.
Los Angeles-Long Beach, CA (PRWEB) April 19, 2013
National Debt Relief, a BBB (Better Business Bureau) accredited company recently published an article entitled “How To Deal With Ruthless Debt Collectors.” Staying true to their commitment to provide free debt related advice, their website released a new post last April 10 tackling techniques that consumers can apply when dealing with the less than friendly debt collectors.
The author of the article, Samantha Seiffert is their resident personal finance advocate and had been responsible in writing a lot of the debt related articles for both client and nonclient of National Debt Relief.
In the post, the author acknowledged that although there are friendly debt collectors, most of them are really quite ruthless when dealing with delinquent debtors. Consumers who have been called by collectors can attest that they can be abusive, harassing and threatening when they want to. They contribute to the massive stress that people in debt are actually going through.
While it can be frustrating and downright intimidating, Seiffert believes that there is a right way of dealing with these collectors.
First of all, the article states that debtors should always check first if the debt being called to them is really theirs. This information can be found in their credit report. The author states that when a collector is dragged into the picture, that particular debt account should be marked as “charged off.”
The post acknowledges how these collectors can be thick skinned so consumers are warned behind their motives. The article states that they are not the original holder of the debt and that means debt collectors “earn very little unless they can pry money out of you.”
The author believes in due diligence and urges readers to perform one when they are dealing with debt collectors. Debtors are encouraged to read the Fair Debt Collections Practices Act (FDCPA) to know what the collector can or cannot do. For instance, threats should not be made unless there is truth to it (e.g. lawsuit that had been filed, etc).
The article also encourages readers to not be afraid of debt collectors. While they can be frustrating, intimidating and downright insulting at times, they should not be ignored. If the consumer does not want to receive any more calls, they have the right to tell that to the collector through a cease and desist letter. The FDCPA states that this has to be honored by the debt collector and cease communication at once. The only time that they are allowed to communicate is to tell the debtor that their request will be honored and that lawsuits or legal action will be made.
There is another option to stop the communication calls without the threat of legal action and that is to get a debt professional to work on behalf of the consumer. National Debt Relief has a roster of IAPDA (International Association of Professional Debt Arbitrators) accredited debt experts who are willing to help consumers get out of debt and communicate with collectors. The company is one of the leading debt relief service providers who offer debt settlement services to people looking for debt reduction.
For debtors who still intend to deal with collectors on their own, read the whole article on “How To Deal With Ruthless Collectors”.