This is one reason why so many people have negative opinions about bill collectors and the firms they represent. Let me give you an example. You get your first collection call from ABCD Collection Agency about your charged-off DCBA Credit Card for $3,000. The bill collection tells you in order for you to set up a monthly payment arrangement of $84 a month, you need to make a down payment of $1000.

Because you are scared of being garnished and think that another lawsuit will ruin your credit, you find a way to get the $1000 down payment. There are a lot of holes in this situation. First of all there is no law that says you must make a down payment to set up a payment arrangement. Secondly, you forgot that you have other collection account that you need to address. The problem is that you only had $85 to pay on all three accounts.

If you are in this type of situation, you can do two things. Get a copy of Bill Collectors Top Ten Strategies Exposed! This e-book will show you how to professionally combat the top ten strategies that bill collectors will try to throw at you. To get your copy, simply click on the products tab, then click on the book and down load your copy. If you think that you need he advise of a former collection manager, call me at 313-744-5977 or send me an e-mail to gethelpnow@tiredofbillcollectors.com. Be sure to ask how you can get six more e-books for free.