Debt Relief: Difference between revisions

Fair Debt Collection Practices Act The Fair Debt Collection Practices Act protects debtors from unfair debt collection processes. The Act ensures you are treated fairly and prohibits certain methods of debt collection. The Collectors (both original and third party agencies) are unable to: • Harass, oppress, abuse, or publish lists of consumer who refuse payment • Use profane language • Repeatedly use the telephone to badger someone • Give false information • Imply they are attorneys, government representatives, or work for a credit bureau • Insinuate you have committed a crime • Falsely suggest they work for a credit bureau • Misinterpret the debt amount • Submit false information about you to anyone (including credit bureaus) • Indicate sent forms are from the court or government agency when they are not • Participate in unfair practices when Obtain amounts greater or less than debt amount (unless state laws permit change)collecting debt • Deposit a post-dated check prematurely • Use deception to make a debtor accept collect call • Threaten to take property (unless done legally) • Contact via postcard Tips for success • Address the letter to the collection agency, not the original creditor • Use the physical address for the agency, not a PO Box • Send the letter Certified Mail - Return Receipt to ensure they receive it • Keep a copy of the letter and receipt for your records What can I do if the law has been violated? A debtor has the right to sue a collector in a state or federal court within one year from the date of the violation. If a suit is favored by the debtor you may recover money for damages, court and attorney costs, plus an additional amount up to $1,000. A group of debtors can sue and recover funds for damages up to $500,000, or 1% of the collector’s net worth, whichever is less. Any problems or concerns can be reported to your state’s Attorney General’s office, the Federal Trade Commission, and/or the American Collectors Association or local State Bar Association.