Know your rights.

If you are feeling like your rights have been violated by a collection agency, it’s important to know the laws. Collection agencies and consumers are both protected by the Fair Debt Collection Practices Act (FDCPA). Recently in question was Ceasing Communication. It is important for any consumer to know that if you ask the debt collector to cease all communication with you, you will want to put it in writing. After requesting in writing to no longer be contacted by a collection agency you will want to be aware that there are some exceptions when the debt collector may still contact you; Such as to let you, the consumer, know that further efforts are being terminated. Read those exceptions here.

Q&A: I got a collection notice! Now what?

Q. I got a collection notice! Now what?

A. Stay calm; we know that you depend on your income to meet your daily living expenses. Please look at it from the creditor’s point of view for a minute. That company that you didn’t pay also depends on you to pay your outstanding invoices to meet their own daily expenses. Take a deep breath and call the collection agency you received the notice from. It’s better to attempt to resolve the problem before it gets worse.