Debt Consolidation Blog

Posts Tagged ‘Alabama’

Already defaulted on debt and facing credit problems. Don’t worry in the resent economy many people are facing the same situation. If you are in such situation and have been for a long time not paying monthly repayments on time then you might have been in a position where debt collection agencies calling you for debt payments. This is the case because your creditors will turn your case over to collection agencies.

If this is the case then to protect you from collection agencies harassment, you need to know your rights against the collection methods. Here are those which your collection agencies are not supposed to do:

You collection agencies are never allowed to call at your work place. If they are doing then you can fight back against them.

• They are not allowed to call you before 8 a.m. or after 9 p.m. even at your home.
• They are never allowed to address you in an abrasive manner or speak to you rudely or harass you.
• Never make misleading statements that threaten you or add any unauthorised charges.
• They are not permitted to call you friends and family members and discuss your debt with them and try to collect it from them.

If you collection agencies is doing any of the above mentioned, then tell your collection agency to stop harassing you. In any circumstance if they continue to do so then make sure to take their name and address and report to better business bureau or federal trade commission or any state’s attorney office.

Before taking the complaint to legal offices, make sure to record the conversation over phone that you are making a request to collection agencies that they are acting against the law and request them to stop doing so. You can also make this request in written to collection agencies by taking their name and address. This can also help in showing a proof of your request to collection agencies. If they continue to do so even after making request then you must take the issue to legal authority that is dealing with this law.

You can know you right better by referring the fair debt collection practices act. It was instated to help the consumers who are facing financial hardship and unable to repay the debt even if they want to clear it. This law was brought into action by federal government that states they you can demand the collection agencies to stop contacting you, except to inform you that collection efforts were ended and unfruitful and the creditor will start taking against you and may sue you to court.

However you can not stop creditor calling you directly for collecting your debt because the fair debt collection practices act will not stop the direct creditor asking you to pay the debt that you owed to him. Therefore before acting make sure to know whether the direct creditor or collection agency is calling you.

Articles on this site have been acquired from a variety of sources.  No content on this site should be considered financial or legal advice