What Debt Collectors Don’t Want You to Know – Part 1
It doesn’t take long after you miss payments on a bill before a debt collector starts calling. Collectors are known for using harassing and even abusive tactics when trying to collect money owed. Thus, it is imperative that you understand your rights. Below are a few examples of things debt collectors don’t want you to know:
Many of their threats are meaningless
Debt collectors often make demands and set deadlines that actually mean nothing. For example, they may threaten to put you down for “refusal to pay,” but the reality is that your creditor has already figured out that you are not paying the bill. The collector is simply trying to make you feel guilty by describing your inability to pay as a refusal to pay. Additionally, collectors are notorious for setting fake deadlines. They claim the “deal” they are offering will no longer be offered if you don’t pay within a certain time. The truth is that many times the settlement offer will get better as more time passes.
You can demand they stop calling you at work
The Fair Debt Collection Practices Act (FDCPA) provides that once a consumer tells a debt collector that your employer does not permit you to talk with him or her while at work, the collector is required to stop calling you at work. Many debt collectors ignore this right of yours because they know that by calling you at work they are creating a stressful situation that will persuade you to pay the debt.
Debt collectors can’t discuss your debt with others
The FDCPA protects consumers from debt collectors blabbing about your debt to others. Usually a collector can only talk about your debt with you, your co-signor, your spouse, or your lawyer. The collector is only allowed to contact other third parties in order to locate you. Once they have located you, all contact with third parties regarding your debt must cease. It is important to note that a message left on an answering machine or open access voicemail system by a debt collector can be a violation of the FDCPA, so be sure to save it!!
Fitzgerald Campbell handles debt collector harassment cases on a “contingency fee” basis, which means you pay us nothing unless we are successful! There is no charge to you for us to represent you. If we win, we will get paid. If we lose, we will not get paid. It is that simple. The law provides that if your case is successful, the creditor or collector will pay your reasonable attorney fees. Call us today toll free at 855-709-5788 or contact us online to schedule a free initial consultation.
Posted in: Debt Collections