If you fail to pay on time to your creditor then your creditor may sell debt to a collection agency. It is the most horrible thing which you ever face in your life, regular calls and chase of agents of collection agency may change your smoothing life into stressful one. Collection agencies also give instructions to its agents do any anything for the collection of debt.
Collection agency is not concerned whether the debt is legitimate or not, they are only concerned about collection of that debt. If they won't get back debt then they can use harsh words or forceful ways to get back money. Fair Debt Collection Practices Act (FDCPA) gives you great amount of protection from collection agencies.
To get rid of this situation you should follow some steps especially if you are sure you do not own this debt which collection agency is forcing you to pay then you must ask them to provide you proofs. This is known as Debt Validation, FDCPA gives rights to consumers that they can ask about the validation of debt. If collection agency fails to validate your debt then you are not responsible to pay debt and can ask collection agency to remove this wrong debt entry from your credit report.
If you want to do it by yourself then you should have a complete information and professional approach on credit repair laws. Suppose if you do not successful in handling it then all your time will be considered useless, in fact you may damage your credit history. My sincere advice for you is you should look for some professional credit repair attorney.
They have professional approach on laws and they know how to force collection agencies for the removal of mistaken entries. By handling your case to credit repair attorney you are not saving your time in fact it will show you some positive results in shorter period of time.
Collection agency is not concerned whether the debt is legitimate or not, they are only concerned about collection of that debt. If they won't get back debt then they can use harsh words or forceful ways to get back money. Fair Debt Collection Practices Act (FDCPA) gives you great amount of protection from collection agencies.
To get rid of this situation you should follow some steps especially if you are sure you do not own this debt which collection agency is forcing you to pay then you must ask them to provide you proofs. This is known as Debt Validation, FDCPA gives rights to consumers that they can ask about the validation of debt. If collection agency fails to validate your debt then you are not responsible to pay debt and can ask collection agency to remove this wrong debt entry from your credit report.
If you want to do it by yourself then you should have a complete information and professional approach on credit repair laws. Suppose if you do not successful in handling it then all your time will be considered useless, in fact you may damage your credit history. My sincere advice for you is you should look for some professional credit repair attorney.
They have professional approach on laws and they know how to force collection agencies for the removal of mistaken entries. By handling your case to credit repair attorney you are not saving your time in fact it will show you some positive results in shorter period of time.
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