The Bill Collector Letter That Gets Them Off Your Back

By Sean Payne

Remember that feeling you got when the letter from the bill collector came in the mail? Remember the cold feeling in your gut when you realized that you owed money that you couldn't repay? And after that, the phone calls and additional letters hounding you for the money that you knew you didn't have.

Now is the time to turn the tables on those debt-collecting predators. It's time to know your rights and to use them.

A Federal law known as the Fair Debt Collection Practices Act (also known as the FDCPA) tells you exactly what a debt collector can and can't do to collect a debt from you. The FDCPA puts hard limits on exactly how a debt collector can contact you.

An example of what a debt collector can't do is to call you at work, unless they're doing it to find out a telephone number to call you at your house. They're also not allowed to inform other people, such as your employer, about any debts that you owe.

In addition, debt collection agents can't continue to call or contact you about your debt if you tell them that they can no longer do so. And that is what we're going to learn about how to do.

The magic letter that sends bill collectors running consists of two things:

The first is your identifying information. This consists of your name, your address, any debt account numbers for the debt that they're trying to collect, and any other info they may need to positively identify you as the debt account holder.

The second part is to let them know that you want them to stop communicating with you, period.

These two steps are all that the FDCPA requires from you in order to keep the debt collector from further harassment. The only way the debt collector is allowed to contact you in the future is to let you know that they will stop contacting you, and if they intend to pursue legal action to collect on the debt.

When sending this letter, it's wise to send it via certified mail with delivery receipt requested. This means that when the letter is delivered to the debt collection agent, you'll receive notification that is now in their hands. Make sure to save this receipt to prove that the letter was actually delivered to the collection agent.

By the rules of the FDCPA, if the debt collector contacts you anytime after they get the letter, they're in violation of the law, and you have the right to report them to the FTC. The FTC is the Federal Trade Commission, and is the agency that enforces the Fair Debt Collection Practices Act. After you've notified the FTC about the collector's violation of the FDCPA, they can take legal action against the bill collector.

Keep in mind that even after you let the debt collector know about your desire not to be contacted, they still can pursue legal action against you to collect on the debt. This handy letter can only protect you from being harassed by debt collectors. It can't keep you from being sued by the debt collectors if they still want to collect on the debt. - 23229

About the Author:

Sean Payne is a veteran when it comes to deailng with debt. After over 10 years of learning about how to get out of debt, he has developed some powerful techniques to keep bill collectors from calling. You can discover his secrets for getting out of debt at his debt payoff tips website.

Stocks and Precious Metals Trading

By Adela Thomas

As a stock trader, you should ask, is the trader in you? if you like stocks and bonds and the exciting life of a financial trader, then it very well may be. The first thing to test this hypothesis out is the stock market. This is an area where you can see if you have what it takes to make it in the crazy fast world of high finance. The typical image of the floor of the Mercantile Exchange being filled with a bunch of guys that couldn't land jobs anywhere else is very outdated and sad. Instead stock traders are increasingly becoming some of the most sophisticated investors on earth. The ability to pick a winner in the stock market is what it all boils down to.

You can try trading for free using what's known as a paper money account. Of course when we think of money we think of the actual paper, but in this case paper money refers to fake money. There are paper accounts on numerous web sites on the internet. Most stock brokerage firms will have paper trading accounts, and there are many virtual stock market games and simulations around the net as well.

You can trade for stocks, but another market many people like to look into is the commodity market. Commodities consist of oils, metals, grains, and raw material and generally assets that are consumable.

The gold and silver game, precious metals and currency go hand in hand like peanut butter and jelly goes on a sandwich. The reason that precious metals are well, very precious to the human race is that we believe that they are rare and unique. This is true to a degree, however one should think about the supply and demand factors first and foremost. If diamonds and gold were easily excavated and mined and everyone could just dig into the soil of the earth and pull out tons of it, then would it be so valuable? Most likely it would not be.

One area that also gets a whole lot of attention is that of precious metals. Precious metals have always been a small piece of the industrial machine but mostly are used as an inflation hedge and as an asset backed alternative currency as more and more of the fiat currencies look long term bankrupt. When everyone thinks of precious metals they first think of gold. Gold has always been the standard by which most of the worlds economies are pinned to. The shiny piece of coin that moves worlds markets and commands a tidy sum. - 23229

About the Author:

Adela writes about many topics related to businesses and financing. He teaches about various things including business, finance, and money market accounts.. You can also learn more from him about how to make money online

Do You Know Of Some Bankruptcy Alternatives To Save You From Bankruptcy?

By Emma Elvie

When people are struggling with their finances are they are searching for some bankruptcy alternatives they usually find themselves coming to the internet. We all want to know what we can do about our finances that will help us get back on our feet.

If you have landed on this article then you be like thousands of other people who are looking for some bankruptcy alternatives that you can use to save your credit. By now you should know that filing bankruptcy is one of the quickest ways to ruin your good standing credit.

We are well aware that some people have absolutely no choice but to file bankruptcy; however we wanted to make people aware that there are some alternatives to bankruptcy that they can look into before they make the decision to file.

One of the first things that you should do if you are struggling with your finances is to talk to someone who will understand your situation. Most of us tend to hide behind our financial troubles because we fear what people will think and we tend to believe that if we ignore our problems they will go away on their own.

One of the best things that you can do to get back on your feet financially is to find ways to begin making more money and saving more on a monthly basis. One of the main reasons that people who struggle with their finances is because they do not make enough money.

In fact so many people in our society are overspending on things that they really do not need. We have become a society that loves spending money even if we do not have that money in our account.

We all know how difficult it can be to save money or make your monthly payments when you are not making enough. This is one of the main reasons that you should visit the site below to find some information that you can use as bankruptcy alternatives and get your finances back on track. - 23229

About the Author:

Alternatives For Bankruptcy This Can Help! How To File Bankruptcy

Important Penny Stock Info

By Rashel Dan

Operating penny shares is like going into an auction. How does it start? An asking price is set at the lowest value and then when the bidding starts, the price rises. If you're the seller, you check your starting price and compare it with the current bid. If your selling price is met, you trade and then the transaction is closed. The difference with an auction is that the price doesn't go down. Stock prices do. Today there a number of techniques being developed to monitor your penny stock info and bidding.

Researching - Any active stock investor would tell you that you have to do your own research. While penny stock advisors and brokerage firms help in facilitating your sale, it is always helpful to have your penny stock info ready when needed. The more you know, the better your opportunity to gain profit. The more you understand the trade, the lesser your chances of falling into the pit.

But sometimes, because of the availability of free information in the internet, it can be a bit difficult to make decisions. Especially if you are new to the business, experience is your better half. Be attentive and be very alert about fabricated information. This is a trading business and it involves money. You have to be able to know which penny stock info is reliable for your use.

Now, there are available softwares to help small cap investors and stock brokers monitor the stocks. The moment your stocks are pegged, it can be a roller coaster ride. Thus you need to stay close to the facts and observe your investment in the penny stock market. Here are some tips and information about how the transactions are made:

- Buying Penny Stocks - Set your funds ready and be sure you'll be able to pay the shares and your stock broker's commission.

- The Ticker Symbols - These are initials or abbreviations of companies that are selling their shares to the public stock exchange. This is standardized for easy management, inventory, and recall.

- Stock Exchange - The more dependable stocks are being traded in major stock exchange. Examples are NASDAQ, NYSE, and AMEX.

- The Volume of Shares - Of course, you must be clear on your penny stock info sheets how much of the shares you want to buy or sell. But beware and don't fall into extra commissions being charged to you.

- The Open and Closing Dates. These are dates that you set your stock to be available for sale. This must also include active dates (dates when your shares are still open for bid) and the date when you hope to close your stocks.

- Selling Your Penny Stocks - It is important to take note of the above mentioned - the volume of shares to sell, ticker symbol, names of the stock and the stock exchange.

- The Share Price and the Dates - Again it is important not to miss out the selling price and the time span to which your stocks are active and open for bidding.

This isn't all. But this article doesn't intend to give you any penny stock info overload. Too much technical knowledge may not be a good practice. Take this investment carefully. Your penny stocks are good money and therefore delicate. Make haste slowly. - 23229

About the Author:

Start your career in penny stock trading. See more reliable penny stock pick online.

We All Love A Bull Market

By Mike Swanson

The terms bull and bear markets are used to describe the general trend of either increasing or decreasing stick prices. Of course stock prices fluctuate during the course of any trading day. The bear and bull market descriptors describe a trend over a longer period. Some analysts suggest the minimum time period is two months and the general price change needs to be plus or minus twenty percent.

A bull market describes a market where prices are generally on the increase. A bull market often starts when market confidence is at its lowest. At this time investor confidence starts to increase and there is an expectation gains will be made on rising stock prices. This is happening now in the gold stocks market.

When a bear markets occurs there is a period of constant stock price decline. The decline is not in one stock but in the bulk of the market.

One of the most memorable bear markets in recent history followed the stock market crash of 1929. In the three years that followed nearly 90% of stock values were wiped out. But obviously things did improve.

Most bear markets work with the pattern where there is a large initial decrease in values which eliminates many of the speculators from the market. Then there may be a short period when prices rise and investors think the worst is over. This is then followed by a period when there is simply a sustained decline.

But bull and bear markets are a cycle and one follows another. The problem is that there is no guarantee when the change will come or how long the patterns will last. It is easy to identify in retrospect, but much harder predicting the future.

For many people the idea that markets have cycle is forgotten. One can make money in both a bear and a bull market. - 23229

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