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How to deal with a collections agency


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After suffering from a poor credit report for years, Mark Clayborne went on a mission to study everything he could on restoring his credit. Concluding the extensive research, he repaired his credit report and learned various hidden secrets on how to improve a bad credit file. Because of this new found tested knowledge, Mr. Clayborne helped over a hundred consumers repair their credit and take their financial life back. Now, he wants to share these strategies with the world and as a result HIDDEN CREDIT REPAIR SECRETS was created which has sold over 1000 copies as of today. Mark is a certified credit consultant with over 100 articles written in the area of credit repair and a successful radio show titled “Who Else Wants Better Credit”, which is aired on Blog Talk Radio every Tuesday & Thursday at 7:30PM-PST. Mark educates his customers through articles, videos, his blog and various credit repair kits. He graduated from Virginia Commonwealth University with a Bachelor's Degree in Criminal Justice. He also holds a paralegal diploma. He currently lives in sunny California with a beautiful wife and lovely daughter.

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How to deal with a collections agency

  1. 1. PresentsHow to Deal With a Collections Agency
  2. 2. Collection agencies are at the bottom of the barrel when it comes down to business. The only thing they care about is cold, hard cash. They dont care if youve just lost your job, yourspouse, or your health. Their job is to bleed you of money, whichever waythey can. However, you can stop them in their tracks by applying your newfound knowledge and the law.
  3. 3. There are several tactics you can usein standing up to a collection agency, including saying the right words,sending a detail letter, or quoting the law. Listed below are some of thestrategies collection agencies will use against you. I have also provided you with ways to counter their abusive tactics.
  4. 4. What are some of the collection agency phone tactics? They will use various tactics to try toget you to pay your debt. Once they geta judgment against you, they will keep calling you to try to get personal information to assist with their enforcement. They will threaten to criminally prosecute you for writing bad checks. A collector may threaten to take your home if the debt is not paid. They will also assemble information on you looking for a weakness. They will say that you haveto deal with them and not the creditor.
  5. 5. How to Deal With a Collections Agency - How can I respond to them? You can respond by sending them a cease and desist letter. Ask them whether you can tape the call, which will force them to be courteous. Let them know that you will be contacting the original creditor about their abusive tactics. Let them know that you will consider legal action if they keep violating the law. Let them know that you know your rights, and if they violate them you will sue. If they are trying to collect for aprofessional, like a doctor or a CPA, threatento file a complaint against the professional.
  6. 6. Let them know you will complain to the FTC, attorney generals of fice, state licensingboards, and their collection organizations. Ifthe state statue of limitation has expired and the collector tries to collect, let them know that they are in violation of the FDCPA.
  7. 7. How to Deal With a Collections Agency - What if its a collection attorney?The in-house collection agencies are not subject to the Fair Debt Credit Practicing Act, so if you send them a Cease and desist letter it has no weight. The Federal Trade Commission Actprohibits an unfair or deceptive trade practices. If you feel that the creditors collection agency violated the FTC Act, you can seek sanctions.Example of a violation, the collector calling your job when you cant have personal phone calls. You can also file a complaint with your local attorney generals of fice and that should stopthe in-house collectors. Now, some state subject the in-house collectors to the FDCPA so check with your state laws.
  8. 8. As you can see there are many ways, you can deal with an abusive collection agency. Whenever a collector calls or writes you and tries to use the strategies listed below, counter them with your now-found knowledge. I guarantee that if you employ the techniques taught in this article. You will get the collectorsto back down. Now that you are empowered with new information, go out there, and take action.
  9. 9. If you are ready to say goodbye to credit rejection and debt collectors, visit hiddencreditrepairsecrets.comand sign up for the Free 8-Day E-Credit Repair Course, and claim your Free Gift-60 minute Podcast on Rebuilding Your CreditHiddencreditrepairsecrets.c om