Debt Elimination: Advice, Hints, and Tips

Useful Information about Debt Elimination

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If your bill is found to contain a billing error, the creditor must write you explaining the corrections to be made on your account. In addition to crediting your account with the amount not owed, the creditor must remove all finance charges, late fees, or other charges relating to that amount. If the creditor concludes that you owe part of the disputed amount, this must be explained in writing. You also have the right to request copies of documents proving you owe the money.

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Friday, October 10, 2008

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Debt Elimination