Dealing with Debt Collectors: What to Remember

If you have had some financial problems, such as loss of a job, that have affected your debt repayment schedule, you may have to work with a commercial debt collection service. Commercial debt collectors are individuals who collect debts from consumers on behalf of businesses. This usually happens when as a debtor you have failed to pay your creditor as agreed in your contract. If you are contacted by a debt collector, it is essential that you know a few things to avoid lengthy and costly legal proceedings.