Part 2: Secrets About Debt Negotiating And Protecting Your Rights
First let’s get a brief review of Part 1 and then move into Part 2 of “Secrets About Debt Negotiating And Protecting Your Rights”.
If you are in financial trouble in the United States and other countries you have the right to debt negotiating. In other words you can bargain with your lenders to try and get better terms to pay off your debt.
You are going to need to be prepared when you start this process. The people you are going to be talking to are professionals and they know precisely what to say and how they can say it. Therefore it is imperative for you to know your rights also.
There are basically three ways to learn what your rights are.
1. Visit the FTC (Federal Trade Commission) website http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre18.shtm
2. Visit your states official web site and find your rights in your particular state. Normally you will find this in the State Attorney General part of the site.
3. Seek advice from a qualified debt attorney. And hire him to do the negotiations for you.
The third choice can get expensive...
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