Debt Collection Laws, Learn How To Handle Abusive Debt Collection Companies!

Debt collection laws and the Fair Debt Collection Act Protection against unfair creditors and debt collection companies.

As the economy moves through the worst recession in many decades, more people than ever are finding they are unable to pay all their debts no matter how hard they try.

Meanwhile creditors are facing losses that are as bad as any seen since the Great Depression of the 1930s. As a result of this combination of factors, more people than ever are being forced into interactions with debt collectors.

Debt Collection Laws Are There To Protect You - Use Them!

Few things in life are more stressful than being chased after by collections agents when you just don't have the money to pay. Some legitimate debt collection companies make a practice of treating debtors respectfully as they try to collect their money, but others seem willing to do anything they believe it takes to collect the debts.

It is not uncommon enough these days to hear reports on the evening news of debt collectors actually making physical threats toward the people they are trying to collect money from. Most situations today fall somewhere in between.

In 1978 The Fair Debt Collection Practices Act (also known as the FDCPA) was enacted in the US to protect consumers from unfair and abusive debt collection agencies or practices. It also provides borrowers with a procedure for challenging any false information that may be placed on their credit record.

A common misconception about the FDCPA is that it applies to anyone attempting to collect a debt. Unfortunately, it only applies to parties collecting debt which is due to someone else. In other words, it applies to debt collection companies but not to the creditors themselves. However, there are many state laws which do apply to creditors as well as collections agents.

Debt Collection Laws 101 - A Fair Debt Collection Practices Act Use It To Your Advantage

If you have a debt collection agency harassing you, here are 5 tips to help get them under control.

1- Document all contacts.

Create a file, and maintain it, documenting dates, times, and and conversations to this point with the abusive debt collection agent. Don't rely on memory for details you may need later when the time comes to move to the next level in taking action.

2- Start screening your calls.

Get voice mail or an answering machine and start filtering all your telephone calls. This will help spare you the aggravation from any further direct contacts by the abusive debt collector.

Any abusive debt collector foolish enough to leave a message will provide you with recorded evidence of their violation of the law.

3- Use certified mail

Instruct the debt collection agent in writing, by certified mail, not to contact you further. The Fair Debt Collection Practices Act forbids them from contacting you again if you do so. If they continue to do so, document every contact and keep your records until the situation is resolved.

4- File an official complaint.

File a complaint with the Federal Trade Commission outlining the details of your experience with the debt collection agent. As you write, keep your focus on the primary elements of the Fair Debt Collection Practices Act and Debt collection laws.

The agency will only take action on specific violations of the law and will not be able to respond to any other inconvenient or irritating aspects of the collection agency's actions. Give specific contact dates, times and names (if possible) and include your documentation along with the complaint.

5- File a lawsuit

Debt collection laws, if the actions of the collection agent are particularly abusive, a lawsuit may be your last resort. The act provides for civil damages of up to $1000 per violation by the collection agency.

The claim can be filed in small claims court. However, keep in mind that if the debt collector shows that the violation was unintentional and happened in spite of a system designed to avoid violations, then the court may rule in their favor. If you have kept complete documentation, the case should end up in your favor.

Uncover The Truth, Using Only The Money You Already Earn And Not A Penny More! You can follow the same proven tips and techniques used by John Cummuta to eliminate debts. He has helped over 2 million people to eliminate their debts!

Get Started By Clicking Here to get the answers you need to eliminate your debts, Today!

Return from Debt Collection Laws to Fighting Debt Collectors !

Return from Debt Collection Laws to Debt Elimination Program Reviews Ratings Facts And FAQ