Bank finance articles and tips

Before you talk to a collector learn and know your rights. I tell people that if they are dealing with collectors they need to print out the FDPCA, Fair Debt Collection Practices Act and know what a collector can and cannot do and what they can and cannot do....

There are many repercussions that can ensue from the death of a family member but there is one that can really cut deeply into the sensitivities of survivors.

What can create such emotional, and possibly family, turmoil? A debt collector calls seeking the payment of a debt after the death of the deceased.

This is not an uncommon occurrence and there are more than a few attorneys as well as debt collection agencies that specialize in this practice.

Here are a few things that you should know about the responsibility for debts owed by a person who has died....