Money Monday: What to do when the collector calls - New York News

Money Monday: What to do when the collector calls

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(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:

Validation: make sure you know the debt is yours and legitimately owed.


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

The website Ask Doctor Debt 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.

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