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It doesn't matter whether you are trying to pay off your debt, or even if you have been sued by nasty collection agencies. The answers are here, so let's start digging up the truth about debt. Click on one of the topics below:

What is a debt collector? What is a bill collector? What is cease & desist (cease to desist)
What is the definition of a debt How do you stop creditors from calling? What is a debt validation letter?
How to contact debt collectors Collection Agency Scams Other topics
     

What is a debt collector?
In answer to the question, what is a debt collector, we will start with the simple definition. A debt collector is some who is paid to collect money owed to a company. These debt collectors can be employed by the principle company to which the money is owed or a third party who has acquired rights to collect the money. What is a debt collector? If he works for the original debt holder, he is trying to get you to pay as much as he can get right to that company and as such are not bound by all the terms of the Fair Debt Collection Practices Act. What is a debt collector? When the original creditor gives up and assigns the debt to a collection agency, a debt collector will begin calling as an agent of the original creditor to collect the money. His agency keeps a percentage of all that he collects and the original creditor accepts whet they collect as payment in full. What is a debt collector? When the original creditor totally gives up, your balance due will be sold to a debt buyer. That debt buyer gets what they can from you and keeps all they get. Many times, these companies break the rules, harass you, and will "resell" the account to other in house agencies to avoid being held accountable to the Fair Debt Collection Practices Act. What is a debt collector? Any one of these three. What is a debt collector? Someone you can beat and keep your money!
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What is a bill collector?
Practically speaking, when you consider what is a bill collector, you can think in exactly the same terms as above. What is a bill collector? Really, the same thing as a debt collector, bound by all the same laws. What is a bill collector? Someone you can stop from taking your money!
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What is cease to desist?
The proper term is cease and desist. This is a formal request that a debt collection agency stop contacting you regarding a debt owed. Cease to desist, or cease and desist, is an available option to consumers under the Fair Debt Collection Practices Act. If, however, the organization trying to collect the money is the original creditor, they are not bound by this portion of the law. Since the money is owed directly to that creditor, the debt has been neither assigned nor sold, they are not bound by a cease to desist, or cease and desist. Cease to desist - yes - you can make them stop harassing you!
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What is the definition of a debt?
Simply put, the definition of a debt is something owed. For most people, it means the definition of a debt is money owed to another person or company. For those drowning in credit card debt, the definition of a debt is what you owe on those cards. Often that can be overwhelming. Here is the good news. When you think of the definition of a debt - realize you can eliminate all your debt
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How do you stop creditors from calling?
It is a fair question. Nobody likes the harassment. If the caller does not work for the original creditor, that is to say the debt has been sold or assigned. You have a solution, when you consider how do you stop creditors from calling you, you can issue a cease and desist letter. Tell them to stop and they must. Realize this does not eliminate the debt, just the phone calls. If you don't take care of the debt and you cut off contact, expect to be sued eventually. How do you stop creditors from calling? If the caller works for the original creditor, they have a right to collect what you owe them directly. They can call. So how do stop creditors from calling in this case? Make a deal to pay them
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What is a debt validation letter?
This is a letter sent to a third party collector - not the original creditor. What is a debt validation letter? It is a formal request for the third party collection agency to verify that they have the right to collect the money on behalf of the original creditor. When you consider what is a debt validation letter, realize they must produce some original documents in response to your request. They must produce either a) a copy of your latest statement from the original creditor, or b) a copy of the original credit agreement you signed, or c) a contract from the original creditor giving them the authority to collect money due on your specific account. In looking at what is a debt validation letter, it is a valuable resource in stopping collectors in court
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How to contact debt collectors:
When you consider how to contact debt collectors, you should always do it in writing. If they are not with the original creditor, issue a limited cease and desist which will force them to use the mail to get to you. How to contact debt collectors - consistently. Make sure you keep in touch. They tend not to sue if you talk to them. What do you say? If they have already filed suit, how to contact the debt collector changes somewhat. Click here to see what you can do. If they have not yet filed suit, how to contact debt collectors is a little less challenging. Click here to begin planning your debt elimination attack
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Collection Agency Scams

In most cases, the person calling you is getting paid pretty close to minimum wage plus a commission if you pay up. Due to the commission factor, they are told to scare the snot out of you in orser to get you to pay. Most times it is just a threat. Programs like the Debt Dominator will help you deal with them. There are however some really underhanded companies. they refuse to abide by the Fair Debt Collection Practices Act. They will lie about who they actually represent. One large firm, Sherman Associates, has more than a dozen subsidiaries. They will swap the debt around between these companies, each one harassing you in turn. If you fight back legally, they move the debt and start over. They improperly and underhandedly file court cases so you never find out you have been sued until you get a notice they have a judgment against you. They are scam artists. It is not to late to stop the scam. Click here for more information!
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For more information, click the appropriate topic below:

Statute of Limitations for Debt Collection
Credit Collection Company
Dept Recovery
Bill Collection Law
How to Stop Harassment
Stop Creditors From Calling
How to Stop Creditors From Calling
Collections Complaints
Dispute Collection Agency
Debt Collection Period
Can a Debt Collector Call You At Work
Sued By a Debt Collector
Validation of Debt Letter
Verification of Debt Letter
How to Stop a Debt Collector
Destroying your debt - Start now!


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