• What Are Your Rights in Debt Collection?

    One year ago - By RIS Media

    If debt collectors are calling or sending you letters demanding payment, you may be worried-and for good reason.
    Not only can having a debt in collections stay on your credit report for up to seven years, but it can seem like you're being barraged by debt collection notices from a different company than the original creditor you owed. It can be confusing.
    If you're more than 30 days late on a debt payment, it may be reported as delinquent. Hit 180 days, and the credit card company, bank or other creditor may stop trying to collect and sell your debt to a third-party debt collector.
    Even if...
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