How To Prevent Credit Harassment

With this economy as well as the instability of many trade and industries, the last thing you need is to deal with past due debt that could potentially lead to a credit card lawsuit. Unfortunately, hundreds of Americans are dealing with unpaid debts and worse, facing credit card lawsuit for ignoring the summons. Bill collection has turned into a billion dollar business and debtors are fooled into believing they have little or no choice but to pay up or be subjected to harsh language and threats from debt collectors and debt collection attorneys alike. Don’t be a victim, below are tips on how you can deal with abusive debt collectors.

Take Action

One of the easiest ways to avoid credit card lawsuit and collection harassment is to address the issue and propose a sound payment plan. The fact is, most creditors, particularly original creditors, are willing to resolve the problem as long as you come clean about your financial situation firsthand. Don’t wait until your card company files a credit card lawsuit or turn over your account to a debt collection agency before you take action.

Don’t Ignore The Problem

Ignoring the problem won’t make it disappear. Not answering a summons won’t stop a credit card lawsuit, in fact, the opposite will happen, you will pay huge sums of money for the debt and the legal cost of the collection company who filed the case. Face the music, get your debt collection company to validate the debt and then consult an attorney.

Record All Correspondence and Communication

Here’s a sure fire way to get any abusive debt collector to stop the harassment, record everything. All correspondence between you and the collector take notes of phone call conversation down to the date and time as well as keep all receipts and important documents. When things escalate, you can file a complaint and collect a fine. Also, make sure to send all documents or letters via certified mail with return receipt requested.

File a Complaint

If things get out of hand and the collection agent resorted to harassing phone calls, intimidation and using profane language to get you to pay, take legal action right away. First, report the debt collector to the Federal Trade Commission. Then head to the Attorney General’s office and report the collection company again. If that didn’t stop the harassment, start consulting an attorney who can build a solid case against the collection agent or agency. If the collection agency loses the case, you will receive compensation for the damages caused by their actions.

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