Our firm goes after the agencies that believe that breaking the law is the only way to make money in collections. We see fear and harassment as part of the DNA of a lot of the agencies we sue. We turn the thing around and let them worry for a while as we come after the bad debt collector with the power of the Federal Law.

Smile, you just got contacted by a debt collector!

Whether you owe a debt or not, you should not suffer at the hands of a collection firm that uses intimidation and bullying tactics instead of working with each debtor within their means. When the debt collector crosses the line we act fast for our clients in giving them peace of mind and comfort that only the power of the FDCPA (and your state collection statute) can bring in cleaning up the bad guys.

Just hiring us is the best first step. Once you hire an attorney, the collection company is not allowed any further contact. If you send a validation or “cease and desist” letter, that too serves to end any further disruption of your life or fear to answer the phone. This is all before any suit is filed. If a debt collector contacts you after sending them a validation letter or obtaining an attorney, you have an even better case. Make them pay you.

Next, we sue the debt collector. You can receive money damages, an elimination of the debt or a possible removal of the debt from you credit report. Either way, or clients are happy from almost day one and they don’t pay us anything. We make the bad guys pay under the FDDCPA.

If they sue you, Smile again.

Debt collectors sue first and ask questions later. They give their law firms little of any information to sue on figuring you will not answer the lawsuit, there will be a default and then they will not have to prove anything to get your money. Don’t let that happen to you. If you get sued by a debt collector, call us. We will represent you for free if there is an FDCPA violation and then sue them to get you money damages for wrongfully suing you. Parker Power!

Why we Smile

All we are doing is suing really, bad guys for breaking the law. We are also supplying our clients with the proper means to protect themselves and punish those bad guys that make our clients’ life a nightmare. In less then 24 hours we can put a smile on our clients’ faces and make the debt collector have the nightmares. There is a new Sherriff in town and our silver badge has the letters FDCPA printed on it. So hang in there pardner, and smile.

Author: Brian Parker

Do not feel alone and depressed because you are in debt. On the flip side, you are not alone. On the brighter side you have the makings of the rich and famous. Billionaire CEO Larry Ellison, of Oracle Corporation ran up more than $1 billion in debt. Forbes Magazines named him the 4th richest in the world. Forbes magazine puts his net worth at $18.4 billion. Borrowing among the richest Americans has never ceased in the past few years. Low interest rates have augmented their leveraging capacities and their wealth.

Debt has always been thought as a poor man’s prerogative. But the modern day economics offered it as a powerful tool to change the face of the financial world. The precedence set by the modern rich-folk indebtedness has glorified borrowing. The breed of this rich individual actually established it as the ability of taking advantage of the leverage it offers rather than an inability to pay ordinary bills. Look at the big picture. You pay the interest on the debt al right, but then you are gaining higher returns on money you borrowed for an investment.

The rich borrow for the following reasons:

• For the rich, debt is a financial tool
• The rich, essentially invest debt for primary or non primary residences
• They do not cringe at the thought of risk
• They are business men who gained by leveraging debt
• They use bigger debts to grow bigger wealth

We envy their lifestyles and their bank accounts. But if we try, we too can get closer to them in spirit. These people are risk takers that not only own their wealth, debt or no debt but also, know how to treat their wealth and debt with respect.

• They are philanthropists, like Warren Buffet who is donating to Bill Gates foundation
• They run closely held family owned businesses that are a major source of wealth
• They risk, borrow and invest to diversify their business
• They live a very unassuming lifestyle, they do not own fancy cars
• They do not burden themselves with credit card debts, installment debt or auto loans
• They own their homes and investment property
• Most of their wealth is investments
• They never stop buying more homes

Exclusive breed or not, like them, you too can take strategic risks, get into debt, invest, live simple lives, and diversify. You may or may not make it to the Forbes 400 list of the richest as a multi billionaire, but you will never be poor.

For More Information: http://www.collectionstopper.com/

A Debt Collector attempts to convert your erstwhile debt that had long been dead, into the one that he is conceiving to give birth to.

He is apparently counting on the fact that you are ignorant of your collection rights and he is zeroing in on you to take you to a very long ride.

When Creditors/lending institution decide to write-off an account, they take a tax credit, based not only on the alleged transfers for the goods/services, but also on the interest and fees accrued.

They, then sell the Rights of Collection to a third-party debt collector for a fraction of the actual value of the debt.

The real price would be around 10-20 cents per dollar.

The third party debt collector now employs many strategies that have been perfected to an art form to extract money from the alleged debtor.

Their initial contact is by telephone.

When a telephone is answered it is deemed an invitation for the other party to speak. If it is a debt collector calling, speaking to him would deem it consent to getting into business with him.

In fact there is no law, code, or statute that can make you enter into any conversation/agreement that you do not consent to.

JUST HANG-UP, if you decide against getting into a conversation with the caller.

Now that the debt caller had failed to make contact with you at home he will try to call you at your place of work.

This way he intends to condition you to enter this supposedly new scheme by embarrassing and intimidating you at which point most people break and contact the Debt collector.

Once this contact is made or an offer is accepted for a so called reduced balance or rate of interest, the birth of a new debt is complete.

This is all because you were not aware of your collection rights.

Should the debt collector fail to make contact by telephone within a week or two he would send “The Letter”.

This is an attempt to show that the law/system is on his side so that he can convert a debt that no longer does exist, into a fresh one.

In his letter he would say that:

1. This is an attempt to collect a debt, and any information will be used for that purpose.

2. The letter is from a debt collector.

3. You have 30 days to dispute the validity of the debt, or any part of it.

4. If such dispute, demand for validation, or request for information on the original creditor is not made the debt will be considered valid.

5. When a demand/request in writing is made within 30 days, for verification, or a copy of a judgment it will be provided.

The next/sixth warning is usually found at the bottom or on the back of the letter.

It is sometimes in microscopic print or in a light unreadable shade of gray that discourages you from reading it.

6. The name and address of the original creditor will be given, if the name is different from the current creditor.

The debt collector is silently praying that you would never get to know the relevance or the true meaning of what he wrote.

1. “That this is an attempt to collect a debt”, in fact means despite the fact that you and he are total strangers and you owe him nothing, he intends to extract money from you.

He also means that you should take it as an advance warning and he would leave nothing to chance in squeezing money out of you and make your life miserable.

Actually you must be able to recognize that:

• The sender of the letter does not have a valid claim
• It is an indirect admission that there is no bona fide evidence
• The original debt was written off/charged-off
• These collectors want to bring this non existent debt back to life so they can make an exaggerated return on their money
• If they have the right to try you too you have the right to say no

By “Any information will be used for that purpose“, he means that

• Any communication will be recorded or transcribed to be used against you
• This is the only way the debt collector could build a case against you should you contest his claims
• You can never say no to him
• Without your compliance/consent he could do nothing against you

2. “This communication is from a debt collector.”

He does not want you to understand that

• He is desperately willing you to believe you owed him the debt
• Since he is notorious for ruthlessness, fraud, deceit, intimidation, stalking, and harassment, laws were passed to protect you from his beguiling practices through the “fair debt collection practices act” i.e., FDCPA
• FDCPA shields you from anything that he would attempt to do to harass you
• The original alleged creditor is nowhere in the scene
• The debt has been written-off by the original alleged creditor and it no longer exists

Should the debt collector succeed in collecting, it would be deemed collected twice because it had already been claimed by the original alleged creditor for tax and other reliefs.

3. “That you have 30 days to notify his office that you dispute the validity of the debt, or any part/portion of it.” actually means that:

• If he had sent you a letter accusing you of owing a debt, you have 30 days to dispute its validity
• This is an effort to appear that he is conducting himself decently and giving you a chance
• If he had his way he would be allow no time for you
• If he did he was afraid that you would use it to exert your rights
• You will be polite and generally non-combative if they allow you less time for rational thinking

This ploy can be foiled if you read between the lines.

4. “That if such dispute, demands for validation, or request for information on the original creditor is not made the debt will be considered valid.”

You must understand this as:

• The only reason you are being told this is because he had to tell you
• You have no agreement/contract with him in any way
• In case of a demand for a verification, he must stop all collection attempts until it is provided
• It is impossible for him to verify any of his alleged claims
• He is sure that you do not know how to use your rights against him

If you do not deny the allegation/charge within 30 days, you are in fact allowing it to stand uncontested, adding to its validity in the eyes of the court.

If you question him about this alleged creditor, and the relevance of the information these debt collector would disappear into the thin air.

5. “When demanded/requested in writing (within 30 days) the verification, or a copy of a judgment, will be provided.”

By the time it arrives at your house he would be praying that you would not:

• Call his bluff

• Pay attention to his guile

• Reject him as legitimate debt collector
• Fail to recognize him to be willing to defend his claim
• Ask him in writing of any proof of the claim

If you really ask for proof or facts, he must provide it or else the claim against you would be void.

6. “That the name and address of the original creditor will be given, if the name is different from the current creditor.”

Understand it as:

• If you do not follow his diktats or should you claim validation or a pay-off balance from the wrong party he would stop at nothing to trouble you

• Should you be willing to do the payment in full, the alleged creditor must provide full disclosure of facts in writing

• If the alleged creditor had added fees and interest to the balance in question, delays would cost the alleged debtor

It is amazing that these six simple items imply so much meaning and implications could be uncovered.

An entire array of alternatives can be perceived for umpteen options.

You have three basic options to choose from:

• Ignore the letter
• Pay the debt
• Fight/dispute the validity of the alleged debt

A debt collector hugely relies on the ignorance of your collection rights, and is confident that the intimidation and harassment would be enough to make you scurry to your friends/family to raise money to pay the alleged debt.

Click www.collectionstopper.com for more information on your collection rights.

Know your rights. Use the knowledge to turn the tables on the unscrupulous debt collectors. This is obviously the best way to get even with the fraudulent Debt Collector.

Even better: Make them pay you.

Our attorneys at www.collectionstopper.com will assess your case.

Fill in the details for a free case evaluation.

They willl review your case and contact you, within an hour’s time.

When you have been harassed by a debt collector, the first thing you must do is, to determine whether the collector is the original creditor, a collection agency or a company that bought the debt. Collection agencies and attorneys who are regularly engaged in collecting debts must comply with Fair Debt Collection Practices Act and the respective states’ Debt Collection Act. The original creditor is generally not liable under the FDCPA unless they are holding themselves out as a collection agency or if the owner of a debt acquires it after the debt default.

Assess the type of debt you owned. You may be protected under FDCPA, if the debt collector is attempting to collect a consumer debt such as a utility bill, car payment, home mortgage etc.

Prior to filing a lawsuit against the debt collection agency under FDCPA, see if you have any witness to harassment against you. Ask the debt collectors to send the notarized statements with in five days of the collector’s initial communication by phone. This notice is to dispute the debt within 30 days after you receive, and also the debt collector must stop the collection of debt until the debt is validated. You must compel the debt collector to inform you the rights in writing in its initial written communication.

Also, it is very important to send the correspondence letter to a debt collector by Certified mail with return receipt requested. With certified mail, you can track the letters all the way to the collection agency and you will receive a signed and dated notice that the collector has received your letter.

The most important things to know when you are harassed by a debt collector are

• You do not have to sit on the phone and be abused by a debt collector. You can tell the debt collector to stop calling on the phone. While talking on your phone with debt collectors, make sure to ask for his/her name and name of the collection agency. Also ask the collector about the original creditor and insist on written description of how you owe the money claimed.

• If you have any doubt about a valid claim against a debt collector, tell the debt collector that you are not willing to discuss the details until you review the documents. The debt collector may use various techniques to make you feel culpable or promise to pay a debt.

• You need to store the letters, faxes, E-mails, phone calls by recording the debt collector’s calls, if your state law permits you to do. These collected documents will be used as evidence of debt collector’s unlawful practices or any harassment.

• Call recording can be the best evidence. Usually, there will be some kind of violation by debt collectors when they are on phone with you. Techniques such as using simple phone recorders, putting call on speaker phone or by using a service by www.RecordMyCalls.com are simple to use and very inexpensive, and you should record by informing them. Visit http://www.rcfp.org/taping/for more information on recording phone calls in different states.

www.collectionstopper.com follows an effective process of handling debt collection issues that will result in the most optimum and satisfactory outcome to win your case. Also you can recover money for the damages you suffered plus payment of attorneys’ fees and court costs. If you are chosen as a designated class representative, a lawsuit may be filed against a debt collector on behalf of a group of people. In this case, you can recover money for damages up to the lesser of $500,000 or one percent (1%) of the collector’s net worth

Remember: Bargaining with a debt collector is like being in a head on collision with a tough, professional negotiator. But there is good news when you get called or contacted by a debt collector. The debt just became negotiable even if you lack the skills to shrink it.

Tips that can help you keep ahead of these shrewd task masters.

Learn your rights.

When you know your rights the debt collectors

• know they can’t bluff you
• Are less likely to try aggressive tactics
• Play fair
• Generally, if a debt collector has the debt, they have room to negotiate what you owe. Depending on the (1)
  state you are in, (2) the amount of the debt and whether the (3) debt collector owns the debt, you can sometimes negotiate the debt to 80% of what you owe. The key is also in the details of any settlement.

(1) If the debt collector is calling upon you in Michigan, Florida, Californian or Nevada right now, they have room to cut and negotiate because they know the economy in those states means there is little money. That is just an economic fact so get to finally use the bad economy for something good!

(2) The higher the debt, the money room to cut. Again, see Number 1 and also know that generally the debt collector will not get a commission (that is how they get paid) or meet their monthly quota if they don’t deal.

(3) If the debt collector owns the debt they have probably paid 5 to 10 cents on the dollar so they can sometimes negotiate the debt way down. Again, find out if the debt collector owns the debt or is really just negotiating for the creditor (visa, discover, HSBC etc).

• Again, the key is where you live, how much the debt is and who owns the debt. Next, when you get a deal, make it contingent on:

If allowed in your state, tape the call if you can

Taping the conversation

• Keeps the debt collector on their best behavior
• Ensures that you have a record of the call

Make sure there’s a record

• File all collection letters
• Keep detailed notes of collection calls
• Note the day and time of each call
• The name of the collection agency
• The first and last name of the caller
• Make a note of what was said
• get proof of the deal you’ve made with them

Get proof of payment agreement in writing

• Send a letter to the debt collector outlining the payment agreement
• send the letter via certified mail
• receive a receipt once the letter is delivered
• Keep a copy for your records
• If you pay by check, write on the check that Cashing that check constitutes payment in full

Wipe your credit clean

Ask a debt collector to

• Remove any negative information they’ve placed on your credit report
• List your account as paid in full rather than paid in settlement
• Get it in writing once they agreed

Don’t be rushed

• Do not let a debt collector rush you to send them money immediately
• Resist all those demands and quick offers
• Don’t pay until you have confirmation of a payment agreement in writing

Negotiate at the end of the month

Commissions for debt collectors are based on what they do each month.

If you negotiate at the end of the month you would get really a good deal.

Good luck. I will get some more stuff and hints to you along the way. Call us at 800 737-2345 if the debt collector breaks the law and you want them To Pay You!

Know your rights against abusive and illegal collection practices by debt collectors. The below information will explain you the laws that apply to debt collectors about how to deal with the debt collectors when they violate the laws of FDCPA, which will be explained in detail in future posts.

A collection agency has no right to harass or abuse you over calling, or they cannot use deceptive or misleading methods to collect debt. Debt Collectors are the one who have just right to collect bills from the person, and owing debts from consumers.

Debt collectors must treat consumers with truth, fairness, dignity, and respect. When debt collector crosses the limits and abuses you for the collection, then the debt collector can be sued in federal court for damages under a law called the Fair Debt Collection Practices Act (FDCPA).The FDCPA law is passed by the congress to protect the consumers from abusive collectors. As per FDCPA law the debt collectors must follow some guidelines when dealing with consumers.

If a debt collector contacts you to pay the collection, your first move should be to ask for proof of the debt. If he fails to show the proof then you have the right to sue in a state or federal court either verbally or in writing. Under the FDCPA, you must send a written dispute letter to the debt collector within 30 days of your receipt of the first validation notice from the debt.

If disrespectful, undignified, unfair or untrue are the types of behavior by a debt collector toward a consumer over the telephone, in writing, or in person and will likely be a violation of the FDCPA.

There are some tactics to follow when dealing with the abusive debt collectors, which can protect your rights as a consumer.

• Save copies of all letters and notices from collection agencies.
• Save all of your phone messages and voice mails.
• Make a note and keep records of all of your conversations with these bill collectors.

Collect the information as much as possible such as Date of call, exact time, minutes of call, Is it a call, voicemail, letter or paper message, What was the collector’s name, Collection agency name and telephone number, What did the collector say?, Amount demanded, threats and Harassment. In order to preserve your rights under the law, it’s important for you to keep records of all of the contacts.

If you have been the victim of harassing, threatening or intimidating calls or letters from a debt collector, CollectionStopper.com offers Free Evaluation for your case.

Our services are Free to consumers who are being harassed by debt collectors and we make them pay you.