Welcome, visitor! [ Register | Login

Post an Ad

WHAT TYPE OF DEBT COLLECTION PRACTICES ARE PROHIBITED?

Debt-Credit Consolidation November 29, 2020

WHAT TYPE OF DEBT COLLECTION PRACTICES ARE PROHIBITED?

 

Harassment

Debt collectors may not harass, oppress, or abuse any person.  They may not:

 

*  use threats of violence or harm to the person, his/her property, or
reputation;

 

* publish a list of consumers who refuse to pay their debts (except
to  a credit bureau);

 

*   use obscene or profane language;

 

*  repeatedly use the telephone to annoy someone;

 

*  telephone people without identifying themselves;

 

*  make anonymous phone calls or charge the debtor for collect
calls  or telegram fees;

 

*  advertise your debt.

False statements

Debt collectors may not use any false statements when collecting a debt.   They may not:

 

* falsely imply that you have committed a crime;

 

* falsely imply that they are attorneys or government representatives;

*  misrepresent the amount of your debt;

 

* indicate that papers being sent to you are legal forms when
they’re not or indicating papers are not legal forms when they
are;

 

*  state you will be arrested if you do not pay your debt;

 

* state they will seize, garnish, attach, or sell your property or wages
or that actions such as a law suit will be taken against you, unless
the collection agency or creditor intends to do so, and it is legal to
do so;

 

*  give false credit information about you to anyone;

 

*  send you anything that looks like an official document from a court
or government agency when it is not;

 

*  use a false name.

 

Unfair practices

Debt collectors may not engage in unfair practices in attempting to collect a debt. For example, collectors may not:

 

*  collect any amount greater than your debt, unless allowed by law;

 

* deposit a post-dated check prematurely;

 

* take or threaten to take your property unless this can be done
legally;

 

*  contact you by postcard;

 

*  apply a payment to any debt you believe you do not owe.

 

The Fair Debt Collection Practices Act is “self-enforcing,” meaning there is no agency to enforce the Act.

 

You can sue a collector in a state or federal court within one year from the date you believe the law was violated. The Act provides for recovery of attorneys fees plus actual and punitive damages and court costs in the event that the consumer prevails up to $1,000. Class actions are also possible under the Act with damages of the lesser of $500,000 or 1 percent of net worth.

 

No Tags

305 total views, 2 today

  

  • Debt Collectors -Recovery Services - PA & VA

    by on February 24, 2021 - 0 Comments

    Entity Address Telephone Monarch Recovery Management, Inc. 10965 Decatur Road, Philadelphia, PA, 19154 (215) 281-7500 Monarch Recovery Management, Inc. 9350 Ashton Road, Suite 101, Philadelphia, PA, 19114 (215) 281-7500 Central Credit Services, Inc. Five Neshaminy Interplex, Suite 117, Trevose, PA, 19053 (215) 333-2272 Tate & Kirlin Associates, Inc. 2810 Southampton Road, Philadelphia, PA, 19154 (215) […]

  • Credit Counseling Agencies :EASTERN DISTRICT OF NORTH CAROLINA

    by on February 1, 2021 - 0 Comments

    Alliance Credit Counseling, Inc. 13777 Ballantyne Corporate Place, Ste.100 Charlotte, NC  28277-3433 Phone:  888-594-9596 Fax: 704-943-0313 Email:  kevin@knowdebt.org Website:  www.acc.consumerbkcenter.com, www.crisishelp.org, www.knowdebt.org Debt Management/Credit Counseling All Names Used: Alliance Credit Counseling, Inc., AAAlliance Credit Counseling, Inc., AAA Alliance Credit Counseling, Inc.  Addresses: 15720 John J. Delaney Dr., Ste.100, Charlotte, N.C. 28277, 7621 Little Avenue, #100, […]

  • How to calculate Monthly Income and Expenses - Case study

    by on January 25, 2021 - 0 Comments

    Monthly Income and Expenses   Once you know your monthly expenses, you can use a Monthly Income and Expense Worksheet (similar to the one on page 8 of your Participant Guide), a money management software program, or an online budgeting worksheet to determine: How much money you have coming in (income) How much is going […]

  • 5 Tips for Getting the Most From Your Credit Card

    by on March 9, 2021 - 0 Comments

    Pay on time. Paying your credit card account on time helps you avoid late fees as well as penalty interest rates applied to your account, and helps you maintain a good credit record. A good credit record leads to a higher credit score, which helps you qualify for lower interest rates. Know the date your […]

  • Seeing Through Stimulus Scams

    by on January 22, 2021 - 0 Comments

    Seeing Through Stimulus Scams With talk of stimulus plans ruling the news, it’s no surprise a new round of stimulus scams are afoot. Here’s how it goes: An email, online ad, or website says you’re eligible to get an economic stimulus payment. You just have to send back a form or submit one online to […]