Due mainly to our current financial crisis in the US, many people have found themselves up to their necks in debt that they cannot handle. In this situation it is going to be very hard to stay in a positive mood and avoid unneeded stress because you are constantly being bothered by collection agencies threatening to take all you have. Many people are not aware that you can do a lot to control the amount of misery that debt collectors bring into your life if you know how to negotiate with debt collectors.
Once you understand that the debt collectors full intentions are only to repay the debt that they bought from the company you owed at first, then you can see the wisdom of speaking with them and working out some sort of agreement. It costs these agencies a significant amount of money to try to take legal action against the borrower, and because of this many debt collectors will be more than willing to work out some sort pay arrangement to help cover the amount owed. They are not prone to go lightly on people who are refusing to pay their bills out of pure stubbornness so go in with a spirit of cooperation but know your limits, too.
Just pick up the phone and give the debt collector (who probably constantly calls) a call back and explain to them that you are struggling to make ends meet and you are looking for a payment set up where you can either pay off the debt for a percentage of what is owed, or even possibly get on a monthly payment plan until the debt is paid off in full. This is the easiest way to get a collection agency off your back and be on your own road to financial freedom.