• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

National Debt Relief

National Debt Relief - A+ BBB Accredited Business - Get Relief From Credit Card Debt, Medical Bills And Unsecured Loans

Talk to a debt counselor toll free:

800-300-9550

Get Relief From Credit Card Debt

Medical Bills and Unsecured Loans

  • Apply Now
    • Qualifications
    • Is This Right For Me?
  • Proven Results
    • Debt Relief Benefits
    • Credit Card Debt Relief
  • Debt Relief
  • Credit Card Debt Relief
  • Debt Consolidation
  • Login
HomeBlog BlogDebt Collection And The Intelligent Way To Handle Debt Collectors
Video Transcript

Free Debt Consolidation Quote

By clicking "Get Free Quote", you agree that the phone number you are providing may be used to contact you by National Debt Relief (including autodialed and prerecorded calls, as well as text/SMS messages). Msg. and data rates apply, and your consent to such contact is not required for purchase.
  • National Debt Relief, LLC BBB Business Review
  • McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams

Debt Collection And The Intelligent Way To Handle Debt Collectors

February 14, 2013 by National Debt Relief

man shouting at phoneDid you know there are only three ways that creditors can collect your debt? They can retain a collection agency, get a collection attorney or charge-off and sell your account.

A collection agency

In most cases, collection agencies get a commission on the debts they successfully collect. In fact, most will get 25% to 50% of whatever they can recover.

The collection attorney

When it comes to collecting debts, a collection attorney is the same as a third party collection agency and guided by many of the same rules and regulations as specified by the Fair Debt Collection Practices Act (FDCPA). Of course, an attorney can pursue legal action against you but does have to abide by the same FDCPA rules.

A debt purchaser

When it comes to older or seasoned debts, the standard procedure is for the lender to sell them off to a debt purchaser. Many creditors will package up thousands of accounts and millions of dollars worth of debt and then sell them to the highest bidder. When one of these companies purchases your debt, they become the new owner and must adhere to the same collection laws as a third party.

Don’t make this mistake

If a debt collector contacts you, don’t make the mistake of talking to him without knowing your rights. There are unscrupulous collectors who will lie or try to intimidate you. They are seriously motivated because their compensation is usually based on a percentage of the debts they can collect. They will do and say just about anything to manipulate you into paying your debt. For example, don’t believe any debt collector who says that your only option is to pay your balance in full. This is hardly ever the truth and you almost always have options.

Stop harassing calls quickly

While debt collectors have the right to try to collect from you, they never have the right to harass you. If you know the FDCPA, you can stop any harassment and even phone calls from collection agencies entirely.

Turn the tables

First, you could turn the tables on any debt collector by obtaining as much information from him or her as possible. You can ask questions such as “who did you say you were and what is your company”. You can ask what state the collector is located in and how you supposedly incurred the debt. You can use language such as “according to the FDCPA…” which alerts them to the fact that you are aware of your rights. Or you could say “I do not recall this debt” so the collector is forced to validate it.

Send a cease and desist letter

If this doesn’t stop the phone calls, you need to send a cease and desist letter to the debt collection agency. This letter should include the demand that the agency stop calling you at home, on your cell phone, at work or at any other location. You should send the letter as registered and return receipt requested so that you will have proof that the collection agency actually received it.

Opt for debt settlement

If you’re up to your neck in debts, a better alternative for dealing with them is to opt for debt settlement. Call our toll-free number and let us explain how debt settlement works and how you could benefit from it. Thousands of American families have let us settle their debts and save them thousands of dollars in the process. Plus, we charge nothing up front so you have nothing to lose by giving us the opportunity to help you.

Do you qualify for debt consolidation?

National Debt Relief
National Debt Relief

National Debt Relief is one of the largest and best-rated debt settlement companies in the country. In addition to providing excellent, 5-star services to our clients, we also focus on educating consumers across America on how to best manage their money. Our posts cover topics around personal finance, saving tips, and much more. We’ve served thousands of clients, settled over $1 billion in consumer debt, and our services have been featured on sites like NerdWallet, Mashable, HuffPost, and Glamour.

Follow National Debt Relief: Facebook Twitter Instagram Linkedin

Primary Sidebar

Consolidate Your Debt!
Find out how NDR could help.
  • Get one low monthly payment
  • Avoid bankruptcy
  • Get out of debt in 24-48 months
Get Your Free evaluation
Free Debt Consolidation Quote
By clicking "Get Free Quote", you agree that the phone number you are providing may be used to contact you by National Debt Relief (including autodialed and prerecorded calls, as well as text/SMS messages). Msg. and data rates apply, and your consent to such contact is not required for purchase.
 Trusted By Our Clients

"Review"

My agent was very helpful and made me feel like everything was going to be ok and that I was in very good hands. I feel so much relief after talking with him. Im glad to have all my stress and worries of my debt all in one place so I can finally get everything paid and start on a clean slate. Im so glad I called to have my debt resolved. Best decision I've ever made!

Trustpilot star rating Trustpilot star rating Trustpilot star rating Trustpilot star rating Trustpilot star rating

Miranda Gravley
ConsumerAffairs Reviews

Latest Blog Posts

  • How To Write The Perfect Salary Negotiation Email
  • How To Go Back to School as an Adult
  • Is It the Right Time to Ask for Raise?
  • How To Turn A Summer Gig Into A Full Time Job
  • Debt Consolidation: 7 Tips on How to Pay Debt Off
National Debt Relief, LLC BBB Business Review AFCC Top Ten Reviews Gold Top Consumer Reviews Consumers Advocate Trust Pilot
Company
  • About Us
  • Contact Us
  • Blog
  • Careers
  • Corporate
  • Privacy Policies
  • Terms Of Site
  • Disclaimer
  • Sitemap
Products
  • Debt Relief
  • Credit Card Debt Relief
  • Debt Consolidation
  • Debt Settlement
  • Calculators
  • FAQs
Debt Resources
  • Credit Card Debt
  • Medical Debt
  • Personal Loan Debt
  • Unemployment
  • Divorce Debt
  • Retiree Debt
  • Veteran Debt
  • Business Debt
  • Personal Finance
Follow Us
  • Facebook
  • Twitter
  • Linkedin
  • Instagram
  • Pinterest

© 2021, National Debt Relief, All Rights Reserved.

Disclaimer
Disclaimer
Disclaimer