Know Your Rights, Stop Creditor Abuse

Have you recently become a victim ofcreditor abuse? If so, you need to familiarize yourself with your rights.

When a creditor calls, you do not need to discuss any personal details with that person. This also means that you do not need to answer the phone should a collector calls, and if you do, there is no need to speak with the collector once he/she has identified their purpose for the call. Since you do not have to disclose any information with the collector, you can answer as many questions as you like, or none at all. You don't even need to provide truthful answers!

In fact, it is best that you do not answer the creditor's questions, especially if your debt is old. Never acknowledge that you actually have debt, as you may be able to work out a deal with the creditor and/or collection agency, rather than pay the entire amount. To learn more about how to deal with creditors and avoid future collection calls, contact a Chicago bankruptcy attorney now.