You are finally trying to get some break after working off two jobs in order to earn some extra money to pay off your debts. Just when you're about to sleep, the phone suddenly rings. You pick it up and the guy on the other line starts asking you when will you be paying your debt. Has that ever happened to you? Maybe not exactly like its described but these annoying credit collectors have interrupted you several times. It's not that you have to get mad at them for ruining your beauty sleep. You do owe them money, and they are trying to run a business. However if these calls keep on coming and there seems to be no end, then it is the time you stop debt collection.
There are simple ways that you can do this. Most people cringe at the thought of having to speak to debt collectors because they find them to be quite intimidating. This can be true. How else can they get the job done if they aren't intimidating? It is their business after all to push you around, and they will push you hard just to get you to pay. If you want to stop debt collection, you need to be firm and resolved. Getting constant phone calls from these collectors can aggravate the pressure that you are feeling simply from just trying to think about making payments for the money you borrowed. So if you want to stop debt collection now, here are a few things you can try.
Read the FDCPA
The FDCPA or Fair Debt Collection Practices Act is a guideline that debt collectors ideally should follow. If you want to stop debt collection, then you can make use of it to make sure that your collection company does not abuse their position. Under this law, collection companies are not allowed to call you either too early or too late in the day. They are also not allowed to discuss your debt problems or contact your family members, colleagues, relatives, or neighbors. In addition, threatening you with imprisonment or garnishing your wage is prohibited. You also have the right to tell your creditors or collection companies not to call you at the office or through your cell phone. If they violate any of these, you can file a complaint at your state attorney general's office.
Send Them a Letter
Another effective way to stop debt collection is to send these collection companies a cease-and-desist letter. You can let them know that you wish to terminate any form of communication you receive from them. Once you have legally made this request, they are obliged to follow. There are online sites that can assist you in writing such a letter, making sure that it contains the right content. However, be reminded that this does not mean that your credit is gone. It will still be your responsibility to pay off your debt and at your own initiative.
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