Dealing with Debt Collection Agencies

As the economy worsens, the housing market continues to slump, and fuel costs are rising.... more and more Americans getting into debt and are finding themselves with the unpleasant task of handling calls from aggressive bill collectors.  Always annoying, many times intimidating, and sometimes outright law breaking, bill collectors can be properly put in their place if you are armed with the facts about your rights as a debtor.

As a Person in Debt, You Must Understand your Rights. 

Fortunately there is a law protecting you from the badgering of bill collectors and Debt Collection Agencies, unfortunately, not everyone knows what these rights are.  In my experience as a credit counselor I cannot count how many times a client has called me in hysterics after being threatened to by thrown in jail by an unscrupulous bill collector (debtor's prison hasn't been around since 1903!).  The Fair Debt Practices Act of 1976 affords debtors a myriad of rights pertaining to bill collection activities.