Debt Collection Services – Knowing Your Rights Helps

Debt has become a part of everyday life for most people. Everyone we know is either in debt or has been in debt in the past; or runs the risk of debt. With all that debt swimming around, it is easy to sometimes fall back on your payments. In such a case, your creditor January contact you to recollect the money owed. You January also be contacted by one of the many debt collection services that essentially see to it that you repay your loan. Continue reading Debt Collection Services – Knowing Your Rights Helps

Business Debt Collection – All That You Need To Know

Business debt collection involves measures for the recovery and collection of debts from a commercial client, or a corporate organization. Sometimes a creditor January jump the gun while pursuing debts. It is primarily to protect the consumers against any threats or harassment that stringent business debt collection laws are in place. Continue reading Business Debt Collection – All That You Need To Know

Consumer Debt Collection – Knowledge Is Power

The idea that someone can knock on your door paying you a visit about that outstanding debt you have to repay can be formidable, if not scary. However, consumer debt collection is a routine affair common to many people. The whole process of personal debt collection is just a nice way of putting attempts at recovering outstanding loans. If you have been contacted with regards to a debt you owe, you should know a few things before you find yourself facing debt collectors. Continue reading Consumer Debt Collection – Knowledge Is Power

Debt Collection Statute Of Limitations – Has Enough Time Passed?

The United States has comprehensive set of rules and laws to protect debtors from harassment from debt collectors. These laws come under the Fair Debt Collection Practices Act. While that Act has enough provisions to see to it that you are not harassed, there is one more rule in the books of law that you must be aware of. The debt collection statute of limitations refers to the period elapsed since your last activity on a debt after which a debt collector January no longer try to make you repay your debt. Continue reading Debt Collection Statute Of Limitations – Has Enough Time Passed?

Fair Debt Collection Practices Act – Don’t Put Up With Harassment

You would be hard pressed to find even a single person who has never faced a debt in his/her lifetime. It is one of those things everyone faces and sweats over but never discusses. If you are facing mounting debt and the stress is getting to you, there are a few things you should know about debt collection. In fact, it is your right and this is one such right about which ignorance can cost you dearly. Yes, we are talking about the Fair Debt Collection Practices Act. Continue reading Fair Debt Collection Practices Act – Don’t Put Up With Harassment

Debt Collection Agencies and Debt Collection Companies

Unpaid debts, if not recovered, translate into revenue losses for creditors and lenders. Recovering long standing debts is critical to a business set up. With stringent laws keeping an eye over debt collection measures, debt collection has become a skilled, legal and professional task. It is to accomplish the purpose of collecting debts in a legalized and approved manner that debt collection agencies have cropped up. Continue reading Debt Collection Agencies and Debt Collection Companies

Debt Collection Attorney – Bridge Between Debtors and Collectors

A debt collection attorney is well equipped with the knowledge of finance related laws, with specialization in handling debt collection cases and disputes. By virtue of the availability of a debt collection attorney to debtors as well as debt collectors, a debt collection attorney is vital to building bridges between debtors and collectors/lenders. Continue reading Debt Collection Attorney – Bridge Between Debtors and Collectors

Debt Collection Letter – Tips to Make It More Effective

Procuring outstanding payments is integral to the success of any business. Banks, lenders, credit organizations and other institutions that roll out credits have their own debt collection policies in place. A debt collection letter is a first leg procedure in debt collection measures. Continue reading Debt Collection Letter – Tips to Make It More Effective