Do you know how to stop calling the debt collectors? Are you sure you know how to do this? No. It is not to ignore the call or hang on them (although sometimes!). There is no real way to stop harassing debt collectors is to know their rights in a specific law to guarantee these rights.
The bill I'm talking about is called the FDCPA or Fair Debt Collection Practices Act This statute clearlydefines a set of rules that the credit industry and libraries must comply or face the consequences. This law also clearly defines the rights and duties collection agencies (yes, they have rights too!)
The FDCPA was enacted in 1978. 1978! It has since expanded to include lawyers and businesses, but it is essentially the same law. The FDCPA is a law that was enacted to protect consumers, abuse and mistreatment of creditand collections industry.
Of course I do not like the law and since its inception has used its influence in Washington DC to lobby against it. But fortunately, the law remains in force. Although there are some on both sides of the supporting wall against him.
Credit card companies say the FDCPA to collect debts effectively hinders valid. Consumers like you and I hold that the application section of the law must be updated to reflect the times.In both cases, the FDCPA is a law that will not go away. It is necessary to keep these companies on their feet and play ball the right way.
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