Are Your Creditors Harassing You?
A creditor may seek to collect an outstanding debt in several ways. For example, the creditor may attempt to collect the debt through direct communications with the debtor, by filing a lawsuit against the debtor, by seeking to take possession of or to sell property securing the debt, or by hiring a debt collection service. Faced with “abundant evidence of the use of abusive, deceptive, and unfair debt collection practices by many debt collectors,” in 1978, Congress enacted the Fair Debt Collection Practices Act (FDCPA).
The FDCPA provides debtors with a means for challenging payoff demands, and for determining the validity and accuracy of asserted debts. Perhaps more importantly, however, the FDCPA establishes ethical guidelines for the collection of consumer debts. It is difficult to argue with the need for such guidelines: the Federal Trade Commission (FTC) provides Congress with an annual report covering FDCPA enforcement activities and summarizing consumer complaints of alleged violations of the FDCPA by debt collectors. The FTC reports that in 2005 there were more than 66,000 complaints. Congress targeted such behavior because it found that “[a]busive debt collection practices contribute to the number of personal bankruptcies, to marital instability, to the loss of jobs, and to invasions of individual privacy. ”
Here are 5 of the most common violations:
Did you know that leaving a message on your answering machine may be a violation? Here are examples that could earn you $1,000!:
If any of these messages sound familiar, contact our office today at 877-896-2831 or email us at email@example.com. You may be eligible to receive up to 1,000 or debt cancellation.
For a complete list of debt collector violations, register to receive the FREE Special Debtor's Don't Report.