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Debt Collectors should follow the FDCPA Laws

Guest post by: John Kevin

Article Overview: The Fair Debt Collection Practices Act (FDCPA) was shaped by the Federal Trade Commission (FTC) and passed by the Congress to ensure fair and lawful debt collections.

Debt Collectors should follow the FDCPA Laws

The Fair Debt Collection Practices Act (FDCPA) was shaped by the Federal Trade Commission (FTC) and passed by the Congress to ensure fair and lawful debt collections. This Act regulates debt collectors to ensure the rights of consumers for fair collection of debts. The FDCPA requires the debt collectors to follow certain laws. These laws are about how to treat you and what attempts can be made to collect the debt from you. It is a known fact that if you owe you must pay but while attempting to collect the debt the debt collector should not over step the laws.

Over phone a debt collector should:

Inform you his name and where he works

Call you at a convenient time

Not call you repeatedly

Call you at office only if you or your employer approve

Use decent and proper language

Not threaten you with violence

Not intimidate you with wage garnishment

Speak truth

Give right information about your debt

To collect the debt, a debt collector can:

Inform you of the debt and request you to pay

Request you for your convenient time and call only during that time

Send you information by fax, or email

Send information in enclosed envelope and not a post card

Reach you in person if you have agreed to

Contact third parties only once for information about you about your place of work or stay

Call you at your workplace if you or your employer approve of it

Contact your attorney only, if you have informed him about your attorney

A debt collector violates the FDCPA by

Harassing you about the debt by calling repeatedly at unusual times

Using improper language

Threatening you with violence or legal action

Not disclosing his name or place of work

Calling himself a federal agent or an attorney

Threatening you with arrest if you dint pay

Contacting you even after you dispute the debt

It is imperative for a debt collector to adhere to the FDCPA laws. If he violates he can be sued under this Act. In case of violation of the Act you may engage an FDCPA attorney and pursue legal action.

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Article Tags: debt collection laws, Debt Collection Rights, debt collector harassment, fair debt collection, fair debt collection act, Fair Debt Collection Practices Act, FDCPA



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