If you owe money and have fallen behind in payments and a collection agency tries to contact you to familiarize yourself with the Fair Debt Collection Practices Act and their rights. The FDCPA covers all personal, family, household debt as money owed for automobiles, credit cards, and medical services.
If you feel you are being harassed by a collector, then you can break the law, which means you can sue anice chunk of change! In fact, it has the right to sue a collector in a state or federal court within one year after the law was violated. If you win, you may recover money damages, plus an additional $ 1,000. litigation costs and attorneys fees also can be recovered. A group of people also may sue a debt collector and recover money for damages up to $ 500,000, or one percent of the collector's net worth, whichever is lower.
There are rulescollection agencies must respect and not:
* Use obscene or profane language
-Repeatedly use the telephone to annoy someone
-Falsely imply that you have committed a crime
-State that you will be arrested if you do not pay your debt
-Collect an amount greater than your debt, unless your state law permits such a charge
-Deposit a postdated check prematurely
-Using a false name
-Take or threaten to take your propertyunless they can legally do
To catch him, be sure to keep a phone log and write down everything you can about the violation, such as date, time and name of the agent. Sure, it might be a legitimate debt, but that does not mean you have to be harassed and intimidated in this regard. Read the FDCPA for the full text of the law governing the collection of debts of third parties.
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