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Latest in Collections


All Articles about Collections


Sample Debt Validation Letter

Sample Debt Validation Letter

When a debt collection agency contacts you about a past-due balance, the debt may not actually be yours. Federal law gives you 30 days to request the collection agency to validate your debt. This is legal speak for proving you reall...

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Do This Before Paying an Old Debt Collection

Do This Before Paying an Old Debt Collection

You’ve just opened a letter from a debt collector demanding you pay a debt that’s years old. Perhaps you don’t even remember the debt. What’s the best way to handle this situation? Why Am I Being Contacted About Old Debt? First let ...

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Debt Collection: Everything You Need to Know

Debt Collection: Everything You Need to Know

Let’s talk about debt collections. Many of the visitors to this blog ask me about collections. For example, what exactly is a collection, how do they affect your credit score, etc. I want to dedicate an entire article to debt ...

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A Regretful Debt Collector Tells Me His Story

A Regretful Debt Collector Tells Me His Story

Before I get into my interview with a former debt collector, I’d like to give you the back story as to how this all happened. A couple of weeks ago I received an email from a guy who said he was a debt collector for many years...

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Sample Medical Collection Letter

Sample Medical Collection Letter

If you or your insurance company has paid a medical bill but it still appears in your credit history, it’s time to write a medical collection letter to the credit bureaus to find out why. You can use my sample letter, below, a...

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