Small Claims Court
Learn what to say and how to say it when debt collectors call
and demand payments and answers to personal questions!
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If you answered any of the above questions then expect the collector to put you on hold while she figures out the best suggestion for you to pay off the debt.
Typically they will come back with, "If I could show you a way to pay this debt off, would you be willing to work with me?
DO NOT agree to anything unless they suggest a payment plan that you can afford and then only agree to a written plan.
Do not trust or believe any verbal promises.
They are liars.
The bill collector is not your friend and not trying to help you no matter what she says, she is probably lying.
She will suggest
Using these options means robbing Peter to pay Paul and, more than likely, will just push you deeper in debt.
Consider your answer carefully! Counter offer with a payment agreement of your own (only suggest what you can truly afford)
Ask about credit reporting information. You want to keep it off your credit reports so make this part of your payment agreement.
Since they want the full amount as quick as possible, they will refuse just about anything you offer and try to force you to agree to their terms.
Unless you're extremely good at negotiating, never negotiate terms on the phone, you'll lose every time. Offer your terms once (maybe twice) and if they refuse to work with you, end the conversation!
Collectors will insist on you paying by their preferred method. There is no law compelling you to pay by any of their methods!
Make sure that you pay by any method that does not provide information about your bank account to the collector. The best method is to pay by money order and send it via official mail.
WARNING! Never pay by post-dated cheque or an automatic withdrawal process.
WARNING! DO NOT send any money until you have a signed payment agreement letter in your possession!
This is not legal advice, it is information
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