Welcome, visitor! [ Register | Login

Post an Ad

WHAT TYPE OF DEBT COLLECTION PRACTICES ARE PROHIBITED?

Debt-Credit Consolidation June 28, 2021

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

473 total views, 2 today

  

  • Debt Collectors -Recovery Services- MA

    by on November 21, 2021 - 0 Comments

    Entity Address Telephone Bonded Collection Corporation 49 Winter Street, Weymouth, MA, 02188 (312) 279-8300 GC Services Limited Partnership  GC Services 5230 Washington Street, West Roxbury, MA, 02132 (405) 621-6414 Western Mass Credit Corp. 70 Post Office Park, Suite 7011, Wilbraham, MA, 01095 (413) 596-9977 United Collection Bureau, Inc. 15 Union Street, Lawrence, MA, 01843 (419) […]

  • Debt Collectors -Recovery Services - PA & VA

    by on September 23, 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) […]

  • Debt Collection FAQs: A Guide for Consumers

    by on November 30, 2021 - 0 Comments

    Debt Collection FAQs: A Guide for Consumers If you’re behind in paying your bills, or a creditor’s records mistakenly make it appear that you are, a debt collector may be contacting you. The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the Fair Debt Collection Practices Act (FDCPA), which prohibits debt collectors from […]

  • 5 Tips for Getting the Most From Your Credit Card

    by on October 6, 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 […]

  • Credit Counseling & Debtor Education : Wisconsin (WI) USA

    by on October 26, 2021 - 0 Comments

    Financial Management Instructional Courses /Debtor Education Agencies Name,  Website , Courses Offered & Languages Supported Debtor Education Agencies   address Forbes & Newhard Credit Solutions, Inc.         Website – forbescs.us:      Financial Management Instructional Courses (Debtor Education) Delivery Method – Telephone :   Language (other than English) in which the service method is provided, either through a translator, written […]