The Leading causes of Bill Collectors calling:
Medical problems: Unexpected illness, Lack of medical insurance or inadequate coverage
Divorce: Unpaid Child support payments or alimony, Divorce does not separate all financial obligations for repayment on credit card debt, loans, etc.
Job loss: No income, or reduced income, for a two-income family

Are you avoiding your collections? Waiting the 7 to 10 years for it to “go away”?

Common ways people avoid collections: Procrastination, Avoiding the phone and/or screening calls, Not opening the mail, Denial, Feeling overwhelmed,

Where do you start?

There are many ways to deal with collections. The most important thing to remember is that an unpaid collection is as damaging to a credit report as a paid collection in the credit scoring model. There is strong motivation for the collection agency to collect not only the added fees, but also the full amount of the account. The collection agency account representatives are generally paid a commission on the amount collected, hence the higher amount that you pay, the higher the amount of commission earned. Negotiation is the only tool for resolution that most favors the consumer. Credit Financial Planning, with years of experience negotiating with collection agencies and affiliated services has a proven negotiation program that assures you pay the least amount possible and achieve the highest reward.

It is the mission of Credit Financial Planning, to first verify the account information, secondly, see that you pay the least amount to settle the account and then work to eliminate the account information from the credit file.