Debt Collectors chasing you for debt

If you have Debt Collectors chasing you for debt, then an old debt of yours has been purchased. Typically, they will purchase in bulk debts from creditors, who have tried and failed to get consumers to repay credit cards, loans etc They buy for around 10% and add huge amounts of interest on top.

 

However, they are now adding to their usual strategies of chasing consumers for unpaid debt. Although letters,emails and calls to work will be used, they now are targeting social media. If you have LinkedIN, Instagram, Facebook, or even Snapchat, they will find it. If you have any photo tagged with friends, a current friend list showing, photos of a work lunch, then an employee of the debt collection agency will use this to track your colleagues and friends down, for the sole purpose of embarrassing you into paying.

Debt Collectors chasing you for debt

I beat a debt collector 5 years ago on a very large debt they said I owed. I spent 12months of researching commonwealth consumer protection laws, ACCC and ASIC guidelines, I decided to challenge them on 23 key points. Now I started this website to help people feeling trapped and bullied with nowhere to turn. I will gladly help you beat them too, send me an email using the ‘Contact Us‘ form on the right hand side of this page, tell me your situation and Ill help as many people as I can, or simply Click Here

 

New technology coming onstream is boosting capabilies to claw back cash from wayward debtors. Technology could, for example, sift through large volumes of data, to indicate the most effective times for contacting people who owed money. It can also indicate the most effective medium – such as text, phone or email – for contacting different debtors.

 

Debt Collectors chasing you for debt

 

Now you may have Debt Collectors chasing you for debt and calling work already and tried to negotiate with them directly, so some important issues you need to realise. Only the head of legal, has the power to negotiate any real results for you. They do not sit behind a desk with a headset on, you do not call the number and have legal answer it. You do however, get to speak with a commission paid sales agent, who will tell you anything to secure payment over the phone, so they might be able to hit their personal daily target. You only ever communicate with a debt collector in black and white.