Stop Debt Collectors Cold and get Back on Your Financial Feet

Written by John Ventura, Gerri Detweiler


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You Can STOP Debt Collectors

You can write to a debt collector to tell him not to contact you anymore. After he receives your letter,repparttar FDCPA requiresrepparttar 112621 collector to cease all contact with you other than to let you know about a specific action he is going to take -- sue you for example. The drawback of ceasing contact however, is you eliminaterepparttar 112622 option of negotiating a payment arrangement withrepparttar 112623 collector or settling your debt for less.However, if you believe you really don’t owe a debt or if you truly can’t afford to pay it, telling a debt collector to stop contacting you may make sense.

Time and again I’ve seen collectors try to pressure consumers into paying them immediately by threatening to seize their assets, take money from their bank accounts, or garnish their wages. However, a debt collector cannot do any of these things without gettingrepparttar 112624 court’s permission first. Furthermore, you will have plenty of notice fromrepparttar 112625 court about what a debt collector wants to do so you can hire an attorney to stop him.

What To Do If A Collector Violates The Law

If you believe that a debt collector has violated your rights, or you need advice aboutrepparttar 112626 best way to deal with a collector, contact a consumer attorney (visit www.naca.net for a referral). You should also register a complaint aboutrepparttar 112627 collector withrepparttar 112628 Federal Trade Commission at www.ftc.gov. For much more information about dealing with debt collectors, visit my website at http://www.StopDebtCollectorsCold.com, or contact my Co-author, Gerri Detweiler, at gerri@ultimatecredit.com.

John Ventura is a consumer law attorney and board certified in bankruptcy law. He is also a national authority on consumer and small business financial and legal issues. He has a consumer law firm in the Rio Grande Valley of South Texas and is the author of 13 books, including The Bankruptcy Kit and The Credit Repair Kit, and the new ebook, Stop Debt Collectors Cold. He has been featured on CNN, National Public Radio and in numerous newspaper and magazine articles nationwide.


How Your Credit Report Affects You

Written by August Malson


Continued from page 1

What would cause negative entries on your credit report? A number of things could cause negative entries, like bankruptcy, foreclosure, late payments, liens, judgements, etc. Typically these entries can stay on your credit report for 7 years, but bankruptcy and foreclosure stay on your credit report for 10 years. There rumors where a foreclosure or bankruptcy will not be removed from your credit report. While positive entries on your credit report are entered when you pay your bills on time.

You can request a free copy of your credit report if you have met one ofrepparttar following: * If you have been denied credit or benefits withinrepparttar 112620 past 60 days * If you are on public assistance * If you are unemployed or have been denied employment * If you believe you are a victim of fraud

Now you understandrepparttar 112621 basics to your credit. I suggest that everyone reading this article, request a copy of their credit report and reveiwrepparttar 112622 information to make sure thatrepparttar 112623 information inrepparttar 112624 credit report is correct. A few sites to review for credit report information: * http://www.myfico.com * http://www.freecreditreport.com

This article can be republished in electronic or print format for free as long asrepparttar 112625 following resource box remains intact.



August Malson is a regular contributor


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