How to Challenge a Debt Collector & Win

Managing Debt

How to Challenge a Debt Collector & Win

How to Challenge a Debt Collector & Win

A reader, Anthony, wrote to me to share the success he had in dealing with the debt collection issues he faced earlier this year. He started off with the goal of settling an old unpaid credit card, and ended up winning in court and getting his costs covered. He wrote: “Hi Michael, I contacted you… Read More

Beth’s Story: Is Debt Settlement the Answer?

Managing Debt

Beth’s Story: Is Debt Settlement the Answer?

Beth’s Story: Is Debt Settlement the Answer?

This is the third part in a four-part series about Beth, who’s struggling to make monthly payments on her debt. I encourage people struggling with unaffordable debt to use this as a debt relief information guide. The focus of this series assumes your situation is past being able to apply conventional wisdom, like lowering monthly… Read More

Beth’s Story: Should I Consider Bankruptcy?

Managing Debt

Beth’s Story: Should I Consider Bankruptcy?

Beth’s Story: Should I Consider Bankruptcy?

For more than a decade I have used a fairly specific approach to help people find their way when struggling to keep up with their bills. I generally focus on six mainstream options to deal with debt, including filing for bankruptcy, debt consolidation loans and negotiations with creditors and debt collectors. Once I gather some… Read More

Can I Bypass a Debt Collector?

Managing Debt

Can I Bypass a Debt Collector?

Can I Bypass a Debt Collector?

When I am assisting people to resolve unpaid bills I’m often asked, “Why do I have to pay the debt collector? Why can’t I just pay my creditor or lender and avoid the collector all together?” A reader recently wrote in with just this question: I have a $5,000 balance on my credit card and… Read More

How Do I Get a Debt Collector to Negotiate With Me?

Managing Debt

How Do I Get a Debt Collector to Negotiate With Me?

How Do I Get a Debt Collector to Negotiate With Me?

I work with people daily in order to help them better understand their options, and overcome the hurdles that can pop up when resolving collection debts. A woman recently submitted a common concern about being denied any opportunity to negotiate affordable payoff and settlement terms with debt collectors. She is looking for ideas to get… Read More

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