It’s hard enough being in debt without receiving dozens, hundreds, maybe even thousands of harassing collection calls and collection letters. So what do you do when your creditors won’t stop calling you?
The most important thing to remember is that your creditors have to follow the law – just like everyone else. The federal Fair Debt Collection Practices Act, or FDCPA prohibits debt collectors from engaging in abusive behavior. The FDCPA covers debt collectors who work for collection agencies. Sometimes, depending on the circumstances, debt buyers – businesses that regularly buy debts and try to collect on them – are covered as well. This law stops debt collectors from collection agencies calling you repeatedly, contacting you before 8 a.m. or after 9 p.m., or calling you without identifying themselves as bill collectors. Harassment is illegal. They’re not allowed to threaten you or try to trick you into paying them more money than you owe.
And those letters you get in the mail? It’s illegal for debt collectors to send you a paper that resembles a legal document. The FDCPA also tells collection agencies what to say in their letters and they can get in a lot of trouble for not saying the right thing.
So how can you stop these harassing collection calls and collection letters? The credit, debt, and legal professionals at Financial Warranty can provide you with the debt help and credit help to stop the harassment and hold these debt collectors and collection agencies accountable.