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how should you handle debt once it has gone into collections now not to give away the ending but im telling you right now that paying it is quite literally the very last thing that you should do when it comes to debt collectors hi im laurie ann co-founder of dow janes and if you are dealing with the stress of having a debt collector chasing you for money dont worry i am going to tell you everything that you need to know what a debt collector cannot do what your rights are and how you should handle debt collectors if you want to learn more about how to save invest and make the most of your money be sure to subscribe and hit the bell so you dont miss out on future videos [Music] now lets dive in what happens when your debt goes to collections well one of two things happens when a debt goes into collections either option one the creditor that you owe money to so say your credit card issuer or your mortgage lender when the lender thinks that youre behind on payments the creditor mig