Creditor harassment is a big issue, even more so in today's climate of the credit crunch, with more and more people struggling with their debt.
Here are 3 myths people often have about creditor harassment. . .
The first myth is that you have to put up with it, that there is nothing you can do.
The truth is that you don't have to put up with it, that there is indeed something you can do.
While your creditors are quite entitled to pursue their claim, they have to do so within the confines of the law, and there are federal laws in place to protect the debtor.
If you feel you are being harassed, by letters, phone calls and visits, you can write to the agency involved, and request they cease contact with you.
Note that this letter has to be worded very specifically.
If they don't cease, they are breaking federal law, and collection agencies do not want or need to go down that road.
The second myth is that stopping the harassment will stop the claim for the debt - it won't.
You will still owe exactly the same amount of money, and the process against you will remain exactly the same.
The only difference is that you won't be contacted by the company that was harassing you, and this leads to the 3rd myth. . .
That myth is that one letter will stop all the harassment permanently.
It won't, although it will stop it for a while.
While the particular company you contact will be obliged to stop contacting you, they are entitled to pass the debt on to a different agency, and they will have no legal problems about contacting you.
So yes, you can stop creditor harassment, but it's vital to bear in mind that this gives you temporary breathing space only! And it is important that you educate yourself in regard to your rights as a consumer and implement them so you can get relief from creditor harassment. The Secret. . .
. . is to Know your Credit Rights and use them Effectively. Full information as well as a custom service to do all the work for you is available at http://www.StopCh.com After extensive research the Book STOP Creditor Harassment was written by Arjun Collier for the consumer suffering from Creditor Harassment and looking for a way to get financial peace of mind and was completed after extensive research into consumer credit rights and abuses by collection agencies.