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Negotiating With Debt Collectors


The Beach Boysss Rep Points:
Posted on February 22, 2010 at 12:26 am
what to watch out for when negotiating with debt collectors?

alreadygone Rep Points:
Posted on February 22, 2010 at 1:07 am
what to watch out for when negotiating with debt collectors?  - their hardball tactics. Althoughit is their job to do everything within the law to collect - know that they have limitations ascollectors - according to FTC & its FDCPA

Jolly Bee Rep Points:
Posted on February 22, 2010 at 3:58 am
what to watch out for when negotiating with debt collectors? - read through thishttp://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre18.shtm

justincase Rep Points:
Posted on February 22, 2010 at 4:30 am
Negotiating with debt collectors seems much easier than negotiating withthe original creditors (for the simple reason that original creditors don't reallylike to settle for less than the full amount)

hacksawjimduggan Rep Points:
Posted on February 22, 2010 at 5:02 am
I agree & an interesting question relevant to the negotiating debt with collectors topic  is -how much is a good settlement offer -with the creditor and the collation agency?

Stan Rep Points:
Posted on February 22, 2010 at 5:48 am
You might learn a thing or two in this article on MSN - it'sabout negotiating debt with collectors -http://moneycentral.msn.com/content/Savinganddebt/Managedebt/P65141.asp
Posted on February 22, 2010 at 6:13 am
When negotiating with debt collectors i heard that the average settlement percentage--range -- is from 35%-75%-- somewhere in the middle of those is considered a good settlement.So when making an offer start at the lowest, chances are it's going to be refused.

heartbreak hotel Rep Points:
Posted on February 22, 2010 at 6:18 am
If youre not at all confident negotiating with debt collectors- you can always hire the services of a debt relief company - depending on your debt amount and account status -your chances of getting out of debt successfully might be higher.
Posted on February 22, 2010 at 6:21 am
If your debt amount is $10,000 and above and your account statusare past due or close to it - you can also fill out a form here at destroydebt.com-avail of the free initial debt consultation, and see if debt settlement is theright debt relief program for you. Again, feel free to just fill out a form here -it's no charge.