If you are unable to pay your bills, a call from a debt collector is inevitable. When dealing with debt collectors, it helps to know what they can and cannot do and what steps you can take if a debt collector breaks the law. What you need to know about dealing with bill collectors. Here's what to do if a bill collector uses abusive tactics. But when you make a commitment to take control of the situation, you take the first step toward financial health.
Most lenders offer a variety of repayment plans.
I've Already Paid Off My Student Loan What to do if the Department of Education demands payment on a loan you've paid off. What might happen if you fall behind on your payments. Getting Out of Default How to rehabilitate your loans and get back on your feet. Chapter 7 Bankruptcy For thousands of years, it's been recognized that debts can get the better of even the most conscientious among us. From Biblical times to the present, sane societies have discouraged debtors from falling on their swords and have provided sensible ways for debt-oppressed people to start new economic lives.