Debt collectors are known for their persistent ways when it comes to collecting on debts. They may call you, send letters and even try to find you through friends or employers. While no one likes to deal with creditors, ignoring your debts is the worst thing you could do. Instead of worrying about dodging calls, here is how you should effectively deal with your debts.
First, do not ignore creditors. You are being contacted for a reason and answering debt collection calls is an important first step in your debt resolution efforts. Find out who the creditor represents, the amount of debt they claim you owe and request a verification of the debt. While you are waiting for the verification letter, contact your creditor directly. In general, it is not a good idea to go through third party debt collection companies to resolve your debts. If you are going to negotiate and repay your debts, do it directly with your creditor.
If you are being harassed by creditors, request in writing to have communication terminated. If the harassment continues or you have experienced abusive collection practices, contact the Federal Trade Commission to report the violations. Also, filing for bankruptcy is a quick way to cease debt collection efforts and negotiate a debt relief plan with your creditors. Bankruptcy offers you legal representation to ensure you can proceed with debt resolution without the hassle of debt collectors.