If you are a student, and pops out the debt collection notice in the inbox, it can create anxiety and frustration.

Most students live in already scraped with a tight economy and it is therefore no wonder that some ends up with debt collection, because there is no financial surplus to pay all the bills.

Many students take out a loan to get the economy to make ends meet while they read, and if the installment is not paid on time, comes the debt collection notice.

Should you be unfortunate enough to have received a notice, is fortunately afford to pick up on how you should proceed.

First and foremost, it is important that you are receptive and open to settle the matter in the best possible way.

You will most likely contacted by a debt collection agency as or lawyer, depending on who it is you owe money. You will then enter into a dialogue with the debt collection company, and together you will find the best way to settle your debt.

Debt collection - such progressing your case

Before your bill will be reported to the collection agency , you will receive reminders. You must have received at least one reminder before the case is reported and you will receive a maximum of three letters.

If you owe money to a private creditor, must reminders have a fee of 100 kroner apiece, while the government may give you a late fee of 250 kroner apiece.

If you have not paid despite reminders, your case will be sent to debt collection, and contact with you will be transferred to the debt collection company.

It can be either an agency or a lawyer who contacts you and there are clear rules for when and how the switch to take place. The company must, among other things to look for you at your address in order to engage in dialogue if the visit is scheduled within a reasonable time.

You will of course receive a letter in which you are made aware that your bill has been sent for collection. Herein the debt collection company will also be presented, and you get all the opportunity to make contact immediately.

Get your debt settled in the best way

When you go into dialogue with the debt collection company, it is important that you are open and honest about your financial situation and the reason why you have not paid your bill.

So you have to tell it anything that has relevance in your financial situation, so they can help you in the best possible way. You should namely keep in mind that the company probably only get paid by the vendor, if you pay, and it is therefore in their interest to find a settlement, as you can observe.

So it is important for all parties to enter into an agreement about an interest that you know you can keep. It is better that you pay a little each month than you make an agreement, you must give up because it does not suit your finances.

Additionally, it is important that you are in contact with the debt collection company, and I have a good and open dialogue. In this way, the debt will quickly be phased out, and the whole matter will proceed well and painlessly.

Opposition to debt collection

If you do not agree with the claims, debt collection company, it is important that you as soon as possible objection to the company.

Here you have to ask for proof of claim and if this can not be obtained, the debt can in some cases recovered, which means that the claim against you lapse. However, you should be safe in your case, if you make an objection, because you can risk that the case comes before the courts, where you can be ordered to pay the costs.