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How To Deal with Debt Collectors When You Can’t Pay

Better Credit Blog

They play with your emotions, tapping into your existing fears and stigmas about debt collection. Agents can simply imply threats, and that’s often enough to prompt payment, such as threatening to call your employer and set up wage garnishment arrangements. This is why it’s so important to know your rights.

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Top 6 Complaints Against Debt Collection Companies

National Service Bureau

Of these, 239 involved medical collections and another 240 involved student loans. Debt collection companies who deal in healthcare collections are governed by the Health Insurance Portability and Accountability Act and its “privacy rule” for Protected Health Information (PHI). . #4: Did you know that. Government.

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All About Wage Garnishment and Credit Collections – 2023 Updated

Direct Recovery

Wage garnishments are the ultimate threat posed by every debt collection scenario, but finding yourself on the wrong end of one doesn’t have to be a financial death sentence. Wage garnishments are put into place to recover unpaid taxes, outstanding child support, student loans, court judgments, or unpaid bills.