Debt Collection Practices - Find Your Debt Solution If you want to find a debt solution for yourself or your business, CuraDebt is a wise choice. In business for over 10 years, they have been given the highest rating for debt relief companies by the Consumer watchdog and review site, Top Consumer Reviews. Through their debt settlement program, on average, personal debts have been reduced by 50%, and some up to 89%. For your FREE consultation, just click on the image

">

Collection Practices- Know Your Rights

Losing sleep worrying about your debt situation and receiving nasty credit calls? You are not alone by any means. Given our depressing economy, unemployment rate, uninsured Americans, etc., many people are finding it harder and harder to make ends meet. It is important that you understand your consumer rights, and know how to deal with collection agencies. Credit collection calls can be very stressful, taking both a physical and emotional toll on you. Hopefully, you can find some help on these pages.

There is growing problem today with fraudulent debt collection practices. There are players out there that are trying to collect debts as a 3rd party when they have no right to do so. By law, a debt collection agency must send you a written “validation notice” telling you how much you owe within five days after first contacting you. This notice also must include the name of the creditor to whom you owe the money, and how to proceed if you don’t think they are in error.

Debt collection agencies buy debt in bulk for pennies on the dollar in hopes of collecting the full amount. While knowing not all claims will pay off, they count on enough of them to make money on the ones that do. In filing mass claims, they often fail to support claims properly with evidence. That is where unfair debt collection practices arise.

When you defend your consumer rights against such practices, you are defending the rights of all American consumers. The more debt collection agencies have to pay out for their unfair collection practices, the more likely they will stop. Debt collection laws were written to be upheld, and collection agencies need to abide by those laws.

How These Pages Can Help

· Learn about your consumer rights under The Fair Debt Collection Practices Act (FDCPA), and see highlights of what the Act entails.

· How to deal with debt collection calls.

· How to stop collection calls.

· Bankruptcy Chapter 7 and Chapter 13 and what it could mean for you.

· How to get a debt solution for your specific situation. Find out the difference between a debt settlement program and a debt consolidation.

· Legal debt collection Q & A.

Taking action to become debt free may be one of the smartest decisions you ever make. If you need credit counseling, so be it. Stop being a slave to debt, and live a stress free life.

Affiliate Link #2 - Once Again We Recommend CuraDebt- the Best Debt Solution