How can debt settlement companies handle collection calls

Posted in Credit, Debt, Finance on April 2nd, 2008

The next issue of debate involving settlement companies and law firms is how the collection calls are handled. Part of the debt settlement process is the debtor must fall past due in order for the creditor to be willing to settle. Now these collectors do not just roll over and play dead, you will no doubt be getting collection calls to some degree. A debt settlement company cannot do anything about the collectors calling. But a law firm can issue an attorney retention letter to make the collectors by law to speak only with the law firm and not the client in terms of collecting the debt.

This is a pretty serious issue when your thinking of going into debt settlement.