As seen in movies or novels, debt collectors are practically denounced everywhere. Well they are blamed not without reason, due to the hideous role they often have to play while collecting money, have really made them low before general public. Debt collectors are blamed mostly as they have to call the customers and ask for payments. But debt collectors do not do anything on their own as they are the hired service person. Companies around, hire them to retrieve their dues so these collectors should be blamed rather than those debt collecting companies. Creditor plays a big role in fabricating the ways how the money will be retrieved. Here the third party collectors are condemned as creditors hire them to collect money on past due bills or clearing the old debts. Creditors like vendors, banks, hospitals and varying Government and non Government organizations hire these private debt collectors.
Activities of the collectors
- Be rest assured that the activities of these collectors are not reckless as they are broadly controlled and regulated by law. These collectors are entrusted with a responsibility to maintain the rules and regulations. Few rules are contradictory in nature, so it becomes really difficult for collectors to maintain them thoroughly. No matter how law abiding citizen the collector is.
- It should be kept in mind that the collection agencies, which are hired by the creditors, show the actual nature and face of the creditor. It is the responsibility of the debt collectors to maintain their reputation so the relationship or association these two entities share is really vital.
- These days, when a bad collector is hired he can actually damage the public profile of the creditor company. Although many creditors brag of their name in market and assert that it is really important for them to maintain reputation in public but when it is about choosing the debt collectors, it is seen that they choose to go with them who have earned reputation as one of the worse and wicked collectors around.
The reality of debt collectors
Although there are debt collectors who hardly stop their activity the moment they are sent letter of instructions. They intentionally do so as they take pleasure in harassing people and willingly ignore law. Few debt collectors are there seen to be threatening and harassing the customers unreasonably, in this way they often try to secure some extra income and resolve issues in different manner. The moment you have sent them ‘cease and desist’ letter you can literally ask the collector to cease all kinds of phone calls and mails.
Health condition that collectors offer to customers
You should never be entertaining these individuals as such harassment is often seen to be leaving big impact upon one’s health and mind. Such calls increase anxiety and causes loss of sleep even generate serious health conditions like high blood pressure, migraine and different other diseases. It drives one into depression and even renders serious pressure on relationship. So these debt collectors shouldn’t be entertained. To deal with them, you can always take help from attorneys as the letter of ‘cease and desist’ they would be composing on behalf of you.