I'm Being Threatened By Collection Agency!
Dave explains what to do when being threatened by a collector.
Answer: If you legitimately owe the money, they can take you to court, but they probably won’t. You need to settle with them and get on a payment plan – and make sure you get the terms of that plan in writing. If they won’t come to an agreement, you need to follow these steps (actually, you should follow these steps either way):
- Get on a budget.
- Sell stuff.
- Take an extra job.