Collection Calls? No Problem, Spergel Can Help
Collection calls can ruin your day. Threats and pressure from creditors doesn’t help you come up with what you owe faster – it just adds to your stress. Our debt relief solutions will put a stop to collection calls immediately.
Did you know that while there are collector rights, you have rights too? In the difficult business of credit card collections, agents will continually make collection calls until they have completed their job – to get you to pay your bill any way that they can.
Collectors have the right to call you during prescribed hours, and you have the right to report them if they abuse this and call at other times. You have the right to report a collection agency for any abusive behaviour and you have the right to hang up the phone if a call is not going well. If you want the calls to stop immediately you will need help.
We will give you a debt solution to permanently stop collection agencies from calling you.
How To Handle and Stop Collections Calls
When people are calling about money owed to them, they can get aggressive and nasty.
However, there are three ways to stop collection calls:
First, make a collection agency agreement. Typically, a short-term arrangement, sometimes this kind of agreement can even benefit from a percentage based reduction of your debt at the same time.
Second, you can always try a debt consolidation loan if the debt you have in is not too high and if you can get approval. The drawback to this option is that you are really just transferring your debt from one place to another.
Finally, a consumer proposal or a bankruptcy will provide you with a stay of proceedings that stops all collections activity against you immediately and permanently.
Eric’s Debt Collection Settlement
The credit card collections calls were causing Eric stress and wouldn’t stop, so he decided to get help. He was close to signing what he called a “debt collection settlement”. Eric had found a lender to borrow enough from to pay off his collection debts. A close friend told him he was crazy to agree to the proposed repayment interest of 30% and Eric decided to call a Licensed Insolvency Trustee instead to help him find a better option.
September 25, 2020
I just did counselling with Ma'am Perveen Katila and she is very accomodating, helpful and gives a lot of useful advices on how to properly manage finances. Overall has an...More
September 23, 2020
Dealing with serious financial issues is embarrassing, confusing, stressful, and brings a lot of shame. It did for me anyway. The team at Spergel got me through one of the...More
September 20, 2020
My counselor was very friendly every time. They were able to help me with any questions I had and am glad to be almost payed off for my proposalMore
September 18, 2020
Perveen is fantastic! She has a lot of great information and resources to share, which helped keep me on track even through COVID 19. Thank you Perveen for all your help and...More
September 17, 2020
Perveen was a great help. She was understanding and always had a positive mindset on the plans moving forward. Never once made me feel any shame of the financial position I was...More
September 17, 2020
What an amazing experience being able to have a heavy load taken off my shoulders.Everyone was respectful and understanding and explained step by step.. I am on my way to being...More
September 16, 2020
Very kind people, very helpful and informative.More
September 16, 2020
we are very happy with your service. I will be very happy to refer you to friends with debt problems.More
Frequently Asked Questions
What are my rights with collections agencies?
You have the right to know who the originating creditor is, your total debt and any interest/penalties that have been added to your bill. You have the right to make a fair, reasonable repayment agreement. If you are sending money on a regular basis you shouldn’t receive as many phone calls as you would if you were to ignore the debt.
How do I handle collections calls?
Be polite but firm when collectors call. Communicate clearly if you cannot meet the terms they are proposing, try to come to an agreement you can afford. If you can’t make a payment agreement with the collector, politely end the call and advise them to call you back and check with you again in a week while you seek out a solution – use the time to get help from a Licensed Insolvency Trustee.
Debt Help Learning Centre
If you’re just starting to explore your options, visit our learning centre to learn from our articles and resources to start on your path to debt freedom, and when you’re ready, our trustees are always available to listen.