http://www.billcollection.com Learn more and get help with your bill collection problems Mon, 14 Apr 2008 07:08:47 +0000 http://backend.userland.com/rss092 en The Fair Debt Collection Practices Section 808 prohibits the exercise of bill collection practices deemed as “unfair”. Below are some of the practices that are considered unfair and illegal. http://www.billcollection.com/unfair-bill-collection-practices/ Debt cancellation products outranked the traditional credit insurance offered by various banks. Debt cancellation contacts are the new innovation providing satisfactory results and outputs. The attractiveness of debt cancellation products stems from the shrinking margins on interest income that have been due to the call to have new sources of ... http://www.billcollection.com/debt-cancellation-contracts/ Debt suspension agreements are the breakthrough banking services that are substitute to credit insurance. Debt suspension agreements are covered by the Comptroller of the Currency, Administrator of National Banks (OCC). The Debt suspension agreements are the long term or contractual agreement that adjusts loan terms within which the bank agrees ... http://www.billcollection.com/debt-suspension-agreements/ Due to the marked increase of delinquent debts owed to the United States government by various individuals or organizations, the Congress passed the Debt Collection Improvement Act of 1996 (DCIA). This law centralized the collection of delinquent debts and provided new responsibilities to the U.S. Department of Treasury regarding the ... http://www.billcollection.com/delinquent-debts-and-debt-collection-improvement/ Due to a series of unfortunate events you were not able to pay your bills, so the bill collection lawyer filed a suit against you. The question haunting you now is what to do. The first step is to take the matter seriously; address the issue immediately. Do not ignore ... http://www.billcollection.com/dealing-with-debt-collection-lawsuits/ Do you think that being an irresponsible debtor has no consequence? Well think again. There is such a thing credit report that ascertain the credit worthiness of a particular consumer. Such services are provided by a special collection agency called credit check collection agencies. The main purpose of these organizations ... http://www.billcollection.com/credit-check-collection-agency/ Bill collection is the collection of payments on debts owed by individuals or business. It is practiced by the creditor or the various collection agencies. We know that bill collection agencies collect debts in behalf of the creditors. In the past articles, we have discussed myriad of things about ... http://www.billcollection.com/types-of-bill-collection-agencies/ One of the available options to debtors who are really not able to pay their debts is the filing of bankruptcy. Bankruptcy is referred to as a legal declaration of inability or impairment of a person or organization to pay the creditor. Bankruptcy initiated by the debtor is called voluntary ... http://www.billcollection.com/bankruptcy-demystified/ Debt Collection takes on greater heights! International Debt Collection is similar to normal debt collection except that the creditors and debtors belong to different countries. This type of debt collection practice is relatively more difficult than the typical one. Every country has its fair share of laws and regulations ... http://www.billcollection.com/international-debt-collection/ The request for validation of debt is formally made through the debt validation letter that the consumer will write. The letter must explicitly state the dispute, the queries and the demands you have against the collection agency. In writing this letter, take note of the collection agency's account number, creditor ... http://www.billcollection.com/collection-debt-validation-letter/