- Make yourself familiar with the rights – No matter whatever the problem is, nobody can harass you or make you feel threatened. Moreover, these companies have many restrictions, which include use of abusive language, nuisance phone calls, misrepresenting the amount of your debt, unnecessary threats, and more.
- Not to get emotional – it’s better to be straight forward with your collector and try not to ignore their phone-calls, mails, messages, or letters as this would definitely turn the tables in their favor.
- Find a suitable lawyer – you must find an attorney who specializes in consumer law to represent you in court. Also, you must avoid giving your bank accounts and routing numbers to your debt collectors as by doing this you’ll be allowing them to make direct withdrawals from your accounts.
- Keep track of phone calls & messages – create a document and note down all the important stuff related to the collector. This actually acts as a proof of settlement or resolution of debts.
- Make sure the debt is yours – in case you feel that you don’t owe the money, dispute the debt in writing. If you don’t receive a legal notice enclosing that you don’t owe the money, your debt collector cannot make contact with you.
Always remember, when it comes to dealing with debt collection companies, you’ve got your rightful privileges that can be truly useful in turning the tables in your favor. All you need to do is negotiate with the collector before the debt is sold to a third-party collector. Moreover, you must make yourself familiar with the complete debt collection process in order to get an edge over your debt collectors.