2007-12-06 03:44:03 · 6 answers · asked by april c 1 in Business & Finance ➔ Credit
Paying it would clear up the debt, and stop the calls. If you can't pay it all at once you might be able to set up a payment plan.
2007-12-06 03:53:56 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
All collection agencies have to follow the FTC guidelines regarding their practices. There is too much to post here so Here is a link to find out more about the law.
http://www.ftc.gov/bcp/conline/pubs/credit/crdright.shtm
Credit and your consumer rights.
http://www.access.gpo.gov/uscode/title15/chapter41_subchapteriii_.html
US CODE TITLE 15 CHPT 41 CONSUMER CREDIT PROTECTION
I invite you to join the following Yahoo group "DontGetRippedOff" dedicated to helping those in financial trouble, Here you will find information to help you with debt collection agencies.
http://finance.groups.yahoo.com/group/dontgetrippedoff/
2007-12-06 12:39:06 · answer #2 · answered by Sgt Big Red 7 · 0⤊ 0⤋
I believe it is against the law for them to continue to call you if you tell them to stop. Send registered letter and tell them to stop calling you. They can still send you mail but you can throw it in the trash. Make sure that your debt is not time barred for collection. Good Luck
2007-12-06 12:23:29 · answer #3 · answered by rallman@sbcglobal.net 5 · 0⤊ 0⤋
I would try looking up a credit counseling agency such as Consumer Credit Counseling Services. They can act as a go between and not only try and get the phone calls to stop, but they can also attempt to lower your payments. They will also help you with money management skills and setting budgets. It may seem like a lot to have to do, but I found that it was helpful.
2007-12-06 11:54:45 · answer #4 · answered by scarlettohara1861 2 · 2⤊ 1⤋
Most cities have free services that deal with money issues. Go see one and they have methods to stop the collection calls.
2007-12-06 11:47:21 · answer #5 · answered by couv2020 3 · 0⤊ 1⤋
Pay off your debts.
2007-12-07 15:53:11 · answer #6 · answered by Steve R 6 · 0⤊ 0⤋