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

Better Credit Blog

Therefore, you’re in a good position when you tell the debt collector you are aware of The FDCPA and that any violation will be documented and forwarded to the Federal Trade Commission (FTC) as well as the Consumer Financial Protection Bureau (CFPB) and your State Attorney General’s office.

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Tips For Credit Card Debt Relief

Sawin & Shea

If a creditor does not want to participate, they can still pursue you in all the ways allowed by law including lawsuits and wage garnishments. Debt Settlement. Debt settlement is an option, but it should be the thing you consider last because it generally requires you to default with your creditors first.