(WJBK) -
Matt Moskowitz from American Profit Recovery in Farmington Hills offers some sound advice on what to when a bill collector calls.
Play the video to see an interview with Fox 2's Murray Feldman.
More on American Profit Recovery and how the organization could help you, go to: www.americanprofit.net
Validation: make sure you know the debt is yours and legitimately owed.
Communicate:
Don't avoid or ignore calls or letters.
If owed, avoiding will only continue collection activity.
If not owed, inform them, so the collection activity stops.
Work out a payment plan: be honest, work out an arrangement and stick it or communicate. Pay what you can afford.
Get Help: If you need help get it. If you cannot pay your bills or are in debt, a consumer needs help to get out of that situation. One resource askdoctorbebt.com.
The website Ask Doctor Debt www.askdoctordebt.com is a great resource for folks that are having trouble with their finances. There are a ton of questions and answers and even advice on dealing with collection agencies.
