Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Beware of the Hardball tactics of the Abusive Debt Collector

By Safinajones Subscribe to RSS | January 6th 2012 | Views:

Dealing with debt collectors is really stressful with experiences generally going from bad to worse. They will call you in the odd hours of the morning or late at night. They will even use abusive or obscene languages that really irritate you about their appearance before you.

It may even pull you towards the edge. The other thing that a debt collector may take some extreme step in order to collect debt, like contacting your employer, family members, relatives or even neighbors. It may be quite amazing, that you may be hounded to pay a debt, which is not all yours.

The debt collectors are applying a nasty practice of using abusive and even filthy languages to collect the debt. Before the enactment of the laws, they were using a free hand technique to collect the debt from the borrowers. They were eventually marked as abusive debt collector. When the tragedies of these poor helpless borrowers reached an enormous proportion, then they were rescued by the FDCP Act and other following laws. This law also advised the borrowers, how to stop calls from the collectors and also to correspond with them. You can talk to them about the status of your account or to discuss a debt collection action.

In order to continue their higher studies, students are increasingly going for loans, since higher education is becoming more and more costly. This has led many students to go for some financial assistance and go for student loans. After coming out from college, they search for jobs. But the difficult market conditions are affecting their careers in a large way. They are not able to pay back their debt and are traumatized by the debt collectors. This makes them somewhat necessary to seek student loan debt help, in order to get the benefits of it.

The debt collection laws are very much helpful in protecting the students from getting bankrupt. The FDCP Act is helpful in providing the students a helpful hand in getting out of the clutches of the abusive debt collector. But, try to understand their need of contacting you, since a creditor has received no payment from you for the last several months. In some cases, an imposter may have used your identity to collect a loan and has eventually run away with it. If a certain student helps to repay it within a certain time period and faces any action on the part of the collector, could seek shelter from the student loan debt help law.

Safinajones - About Author:
Safina Jones is a legal advisor who has good information on abusive debt collector and student loan debt help. For more information please visit

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Business Articles Subscribe to RSS

Open up your arms in collecting bad debt from customers by hiring debt collecting agencies and keep your accounts clear.
Published by Gabi William on March 27th 2012 | Business
Our team of accounting specialists makes the accounting process simple, quick and hassle free....
Implement your rights with the help of debt collections harassment laws
Published by Smith Jhonson on March 12th 2012 | Business
There are numerous consumer laws that are there to protect the consumers from the unlawful and the u...
Fair credit reporting and fair debt collection practices are your rights
Published by Safinajones on January 12th 2012 | Business
If you have fallen victim to false credit reports or unfair debt collection practices, do not suffer...
Some tips to get rid of your IRS tax debt
Published by Smith Jhonson on March 12th 2012 | Business
The IRS tax debt is such an issue that can go on for years without much progress. Here are ways to g...
A win-win situation for both an organisation as well as debt management companies by hiring a debt collector agency.
Published by Gabi William on March 27th 2012 | Business
We do all the hard work for you and approach each case very seriously - no matter what the size....
Hypo Venture Capital Headlines: Know the tricks to get business loan despite debt
Published by Hypo Venture on January 14th 2012 | Business
After the recent economic meltdown, many business organizations have incurred insurmountable amount ...
Protect yourself with the debt collections harassment laws
Published by Smith Jhonson on March 28th 2012 | Business
There are many consumer protection laws that are applicable to help and provide the consumers safety...
A basic guidance to the fair debt collection act
Published by Smith Jhonson on March 12th 2012 | Business
The fair debt collection act is all about protecting the rights of the creditor and the debtor as we...