How to deal with a collection agency

By: Carmen S. (replying to topic) - December 26 2005, 8:57 AM

If you want to know how to deal with a collection agency then you may want to read this.

A collection agency, aside from all the threatening phone calls and letters can't really do much more than that, threaten you.

Collection agencies cannot seize your assets

Collection Agencies cannot freeze your bank accounts

Collection Agencies can only disclose your information to the credit bureau.

They can't get you fired from your job

Then can't use any type of physical violence to collect.

A debt collector is just another employee working on a *very* high level of stress hoping you pay your debt so he can get his commission.

That's all!

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