subject: You May Not Understand Exactly How You Should Work With A Collection Agency. While They Do Debt Reco [print this page] ?You may not understand exactly how you should work with a collection agency. while they do Debt recovery Simply trying to talk with them, and make payment arrangements may not help your financial situation in the long run. You may even encounter bill collectors that are hostile or using their words to get an emotional reaction from youThe biggest threat that I hear about is wage garnishment. To start, let's be absolutely clear on this, wage garnishment cannot happen in Pennsylvania except under very limited circumstances. Generally, I can say that a collection agency lawsuit will not meet with those very limited circumstances. In that regard,It is very important that you understand the laws so that you can't check yourself against collection agencies. Most of the collection agencies bend or break the laws in order to scare you to give them money. You as is a consumer have rights and make sure that any collection agency that tries to contact you does not step on those rightsIf you are a small business, it is double whammy for you. You sales have probably dropped in this economy and you are having a hard time collecting payments for the sales you make. On top of that, your buyers know that business is not good so they are probably demanding better deals, promotions or lower prices to continue to buy from you.
by: sanm
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