11 Word Phrase to Stop Debt Collectors

Do you know the 11-word phrase to stop debt collectors? The phrase is often referred to as the collector's code of silence. The code makes it impossible for the debt collector to talk to you in their unethical way or to lie to you. But, if you know how to speak to the right person and if you have a plan, it's very easy to talk to the right person and to get your debts paid.

To pay off your debts, you first need to understand that you are not alone. There are others like you who are going through a tough financial time and are in need of some help. You probably know other people who are in the same situation as you. If you find that you are having trouble paying your credit card bills and you are thinking about filing bankruptcy, you should probably talk to your local bankruptcy lawyer. They will be able to tell you whether or not bankruptcy is a good option for you and if you need to file for loan forgiveness. Click here for more details about 11 word phrase to stop debt collectors

In order to use the 11-word phrase to stop debt collectors, you first need to ask them to explain to you the reasons that you are behind on your payments. This may require that you speak with an actual human being and not a robot. The reason that they want to come up with these excuses is so that you will not realize what they are telling you. When they tell you that you are behind on your payments, you will probably ask what is wrong. At this point you can either call them and discuss the matter over the phone or you can ask if they can send someone else to talk to you.

A good way to start is to send them a letter via registered mail that states that you have received a copy of the cease and desist order, which is a legal document that tells the debt collector that they have thirty days to stop any contact with you. On the letter you should include your full name, address, date of birth and phone number. You should also let the debt collector knows that you are requesting a written validation from the creditor. A written validation is a copy of the original loan agreement. A written validation can usually be sent by certified mail to the collector one week after the original order.

The next thing that you need to do is to arrange to meet the collector. You can usually schedule this meeting a few days after the date that the letter was sent. If possible you should show up to the meeting prepared. You should already have all of the information that the collector has requested and you should also have a copy of your monthly statement showing your credit card payments. By speaking with a certified public accountant, you can also request that the collector provide you with a statement of account showing all of your debt.

If the collector still continues their harassment, you should write a letter to the creditor. You should make sure that you provide the creditor with a copy of the letter that you send them. Most creditors will allow you to continue the debt at this point and will try to work out an agreement with you. If they refuse, then you should consider calling the law department to file a complaint against the company that you are dealing with.