Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.\nEpisode 2785:\nKumiko from TheBudgetMom.com provides a comprehensive guide for managing debt collection. She offers practical steps to assess your financial situation, prioritize payments, and choose the best approach to settle debts. Her advice empowers readers to take control of their finances and work towards rebuilding their credit.\nRead along with the original article(s) here: https://www.thebudgetmom.com/has-your-debt-been-sent-to-collections-here-are-your-options/\nQuotes to ponder:\n"You can\u2019t build a successful plan to deal with debt collectors until you gather the facts about who you owe money to and how much you owe."\n"Your best bet is usually to save enough money so that you can try to negotiate a debt settlement on your own."\n"I know what it\u2019s like to feel overwhelmed by debt. Yet even as a single mom with limited income, I was able to take control of my budget and start turning my financial life around."\nEpisode references:\nCredit Karma: https://www.creditkarma.com/\nExperian: https://www.experian.com/\nAnnualCreditReport.com: https://www.annualcreditreport.com/index.action\nLearn more about your ad choices. Visit megaphone.fm/adchoices