You do not have to put up with abusive debt collection practices.
Debt collectors must abide by the laws spelled out in the Fair Debt Collection Practices Act (FDCPA) or could face severe fines!
The Federal Trade Commission (FTC) is the nation's consumer protection agency and has published guidelines for consumers that explains what a debt collector can and cannot do.
Here are just some of the most abusive debt collection practices and violations:
Calling you many, many times a day at all hours of the day!
A debt collector may not call you before 8am (local time) or after 9pm (local time), unless you have agreed to it.
The best thing you can do to put a STOP TO DEBT COLLECTORS CALLS, is to send them a letter that demands that they stop calling you both at home and (if employed), your employer!
It is a good idea to send the letter via certified mail so you have proof that they received it.
You should also keep a copy of the letter.
The debt collector may only contact you once more to tell you they received the demand letter.
If they continue to call, you should report them to your state attorney general's office by going on line to file a complaint.
You should keep a log of all calls, time of day, etc.
A debt collector cannot discuss your debt with neighbors, family or friends without your consent!
A debt collector can only contact others to find your address, phone number or where you work.
- Debt collectors are prohibited from:
- using obscene or profane language
- making many, many annoying calls (many times via computer dialer)
- using threats of violence
- making false statements, such as threatening a legal action if they do not follow through
- falsely claim to be a government agency
- threaten to seize, garnish or sell your property to pay the debt (unless they have been awarded a legal right through the courts)
What can you do if a debt collector has been awarded a judgment against you?
You may want to get advice from an attorney (yes, expensive), but it is VERY IMPORTANT that you don't ignore a summons, notice of levy or garnishment.
Once a debt collector has been awarded a judgment, they can apply for a writ of garnishment and also for a levy of your bank accounts.
The best thing you can do is to contact the debt collector immediately after receiving a letter and do you best to settle the debt.
Debt Relief NW can help you:
- Stop collection calls
- Negotiate debts for 50% or less in many situation
- avoid garnishments and bank levies
- avoid bankruptcy