Paying bills and avoiding Collection Agencies

Of course the late car payments later becomes repossessions. The late house payments may end up as foreclosures. The late rental payments most of the time becomes a judgment (as a result of eviction/dispossessory) or even destruction of property.

One thing I do not understand about rental is why people destroy the property where they live. Okay, let’s presume the tenant doesn’t want to pay the rent or doesn’t have the money to pay the rent. Why destroy the property during the eviction period…?

Anyway, let’s get back to the collection agencies.

Collection agencies are the type of companies that most people don’t want to deal with. If you were unhappy dealing with the actual creditor and its customer service representatives, do you think dealing with a collection agency is going to be any easier? Think again.

Collection agency representatives make their revenues by being the most aggressive and sometimes unethical people. In order to get their point across, they rudely interrupt, raise their voice and even sometimes scream, make demands, and most importantly lie a lot. It’s a lot easier to deal with creditors than dealing with collection agencies.

To give you an idea, if you have medical bills, then contact the service provider (doctor, hospital, clinic, etc.), make some sort of small payments per month, but be honest and make the monthly payments. The medical facilities even accept payments of $10.00, 15.00 per month as long as they know you can’t afford making large payments and that you’ll do your best to pay the monthly amount agreed (based upon the total amount owed). Meanwhile, be reasonable. If you have $10,000.00 worth of bills with ONE facility, offering $5.00 per month will not work. At minimum offer $50.00 to $100.00 per month. Creditors know that if they do not collect as much as they can, they may never be able to collect and if they have a collection agency involved at minimum, they must pay 25% of the amount collected to the agency. There is a lot more to this.

In the book, “Your Credit = Your Life, Fix It Now!” These issues are detailed and complete solutions are provided.

With love, care and best wishes.
Mike Samadi


Different views (humor)
Morris, an 82 year-old man, went to the doctor to get a physical.
A few days later, the doctor saw Morris walking down the street with a gorgeous young woman on his arm.
A couple of days later, the doctor spoke to Morris and said, "You're really doing great, aren't you?"

Morris replied, "Just doing what you said, Doc: 'Get a hot mamma and be cheerful.'"
The doctor said, "I didn't say that. I said, 'You've got a heart murmur; be careful.'"