Third party debt collection agencies purchase your debt at a low cost with the goal of making a profit on their purchase.

You are 100% not required by law to pay a third party whom you did not sign a contract with over the original debt. The debt collection agency has no legal right to demand money from you because you never signed a contract with them.

They’re just a bunch of idiots paid commission to scare you into paying a debt that your bank/credit card organization has already closed.

Pay your bills if you can. Try to make more income. Take a part-time job in addition to your regular employment.

Each CELLPHONE call has potential to be a violation potentially costing $1500 for EACH instance they call or leave message depending where you reside (violations can rack up between various federal law + your state laws. This does not count the possible FDCPA laws as well. So if you want to make some money off collectors, write to “let them know” not to call but in the meatime let them do so they violate. Keep a log of all cellphone calls, recordings, cellphone bill, and proceed with lawsuit.

Who’s the real criminal here? The company legally in charge of collecting debt that is legally owed, or the individual who stole money from a creditor and is now refusing to pay back what they owe by law?

The federal telephone soliciations act has nothing to do with collections. . . . debt collectors aren’t trying to sell anthing, they are trying to collect money that is legally owed. Its true that if you tell them not to cll they have to take your number out. They dont have to send you a copy of a do not call policy, thats crap. . . why don’t you give advice telling people to negotiate and they will get a huge settlement which essentially will save them thousands on the card the selfishly ran up. .

Great information! I’ve added you to my subscriptions and added your video as a favorite. Thanks for keeping consumers aware and informed! ~MyARRP