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Showing posts from December, 2018

Why Should You Hire a Debt Collection Agency?

When we talk about debt collection agencies, not all of us take it in a very pleasant way. We often relate debt collection agencies with a heap of troubles. However, that is not the case always. A debt collection agency is the last resort for an individual who would like to get his/her money back from the borrowers. So, let us take a look at the points which justify the reasons why you should get in touch with a debt collection agency. Here we go: ·          They are aware of the laws: The best thing that you will do not have to worry about is that of the laws and regulations that are related to debt collection . The debt collection agencies are well-versed with each of the laws. This becomes easier when you take legal steps to fetch out money from the borrowers as debt collection agencies do it completely in the legal way. ·          The results are mostly successful: The professionals associated with the debt collections agencies are experienced; thus, they come up with succ

Points to Check if the Debt Collector is Legit

Imagine you get a call and the individual on the side of the phone asks you to pay off the money that you owe to your creditor. On asking who that person is on the phone, you get to know that he/she is a debt collector . Getting a panic attack for anybody at that point of time would not be unnatural. However, something that you must do instantly is checking if the person calling you is actually a debt collector or not. To check if the caller is genuine or not, you can do the following: ·        Try to ask questions to the caller: When you get a call from a debt collection agency, make sure that you do not keep on answering all the questions asked by the caller. Instead, you ask for the basics of the caller, which will include name, company name, address and phone number. ·        Letter of confirmation: A legit caller will not stick only to calling. He/she will also send a legal letter either before or after the call. The letter will include areas that talk about your rights and

Regain your money from the clutches of unwilling borrowers with Atlantic Recovery Solutions

We often feel bad for people and lend them money out of love, affection and kindness. However, what we get back is delayed promises of getting the money back. This leaves us at distress as money is important to all of us. Especially when it is our hard earned money, it becomes even more important to get it back. When we get into such a situation, we often try to convince or make the borrowers understand our need for the money. The fortunate ones get it, while the unfortunate ones keep on asking for it. Sometimes when we are not aware of all our rights and boundaries as a lender and the borrowers may accuse us of not abiding by the recovery law which can put us at odds with the legal system instead of being on our side. The best thing to do in such a circumstance is to get in touch with a debt collection agency which will recover the money obeying all the law and order of the state. The benefit of taking such a step is that you do not put undue pressure on the borrowers and the bor

Things to Check before you Hire a Debt Collection Agency

Lending someone your hard earned money takes of course a great amount of trust. You think the other person is in need of money, thus you help him/her with the same but you find yourself in trouble when the same person does not return the money. This situation takes place in the lives of many of us. Many of us keep on contemplating the matter and following up with the borrower to return our money. The sad part is, many borrowers do not give the money back and find out ways to come with some kind of excuses. If you are also in the midst of such a circumstance, the best way out is that of getting in touch with a professional debt collection agency . The aim of any debt collection agency is to help the creditors get back their money that they lent to the borrowers. Therefore, you can go ahead without having doubts about those agencies. The only things that you need to keep in mind are the following ones: ·         Reputation in the Market: That is perhaps the foremost thing to loo