Debt collection letter sitting on your kitchen table? Before you panic or ignore it, you need to know your rights. This episode of The Debt Hotline brings you insider secrets from someone who used to be on the other side: Greg Anjewierden, a licensed attorney who spent years collecting unpaid medical debt before switching sides to help consumers.
Whether you're staring at your collection letter wondering if you should panic (spoiler: you shouldn't) or you're already dealing with a debt lawsuit, Greg breaks down your real options and rights in plain English.
Sued for debt? Visit
https://www.solosuit.com/?utm=podcast to resolve it.In this week's episode of The Debt Hotline, you'll learn:
- Why you're not legally required to respond to debt collection letters (until they actually sue you)
- How to send debt validation letters that force collectors to prove they own your debt
- Why filing an Answer document is crucial, even before you're officially served
- Settlement strategies that actually work when negotiating with debt collectors
- How to challenge car valuations after repossession to reduce what you still owe
- What to do when business debt involves personal guarantees
Real listener questions answered: Greg and George tackle urgent listener situations, including Raquel in Georgia facing a $13,400 lawsuit after medical hardship left her unable to work for a year, William dealing with American Express debt after his business partner's embezzlement scheme landed the partner in prison, and Scott rebuilding his entire financial life after losing $1.5 million to a fraudulent business partner. Key insights from Attorney Greg Anjewierden:
- "You're not legally obligated to give any response to a debt collector until you are sued"
- Debt buyers have to prove two things: that you owed the original debt AND that they legally own it now
- Filing an Answer prevents default judgments and gives you leverage in settlement negotiations
- Never admit you owe the debt in early communications, even if you know it's yours
- Don’t expect your first settlement offer to be accepted, so don’t panic and keep negotiating counteroffers
Special celebration: We announced Sean as winner of our $4,700 debt payoff giveaway! Sean, a 57-year-old former Wells Fargo marketing professional dealing with job search ageism, shared how the money will help him tackle his credit card debt and get back on his feet. Plot twist: he's negotiating with his former employer to settle the debt.Greg's insider perspective makes this episode essential listening if you're dealing with debt collectors. His advice comes from years of working both sides of the debt collection game, so you know you're getting strategies that actually work in the real world.
Connect with Greg Anjewierden: Website:
https://debtbrief.com/ Debtbrief offers affordable debt lawsuit defense including consulting, legal representation, forms, courses and other resources.To submit a question to The Debt Hotline, you can:
