Debt Collections - How to fight against debt collectors and win - even when you're in the money

What is a debt collector - This is third party companies that collect debts on behalf of the credit card companies, banks, hospitals and other businesses. When a creditor decide their chances of collecting a debt are very low, often turn to a debt collection agency for debt recovery. This is how the process works in general ... debt collection company by buying the debt at the original creditor,usually for pennies on the dollar or on a contingency basis. After he fumbled and to recover all or part of the original debt.

The problem is not the fact that they are trying to collect debts. The problem is how. In light of the fact that there are laws to protect consumers, many companies still use practices illegal debt collection. This includes but is not limited to: harassment, coerciontactics, verbal abuse, threats of violence and illegal access bank accounts were frozen debtors. If you or someone you know has been contacted by a debt collector, these five elements are key to the way that care about you and how you will deal with them. Learn them and pass them.

Fact # 1 and more people complained most of the (FTC), Federal Trade Commission about debt collectors than any other industry. The allegations are such that some lawyersliving in highly specialized collectors demand dishonest. Apparently, it goes without saying that debt collectors do not always follow the (FDCPA) Fair Debt Collection Practices Act to get a hold of this, in 2007, (FTC) received over 70,000 complaints against companies and individuals involved in the recovery of illegal and questionable tactics demands.

Fact # 2 only because you may owe money to acreditor, as a consumer, which is based on the rights (FDCPA) and state laws. Before these laws, debt collectors operate with impunity. In the sense that it is called at all hours of day and night, using abusive language, threatening and other uses humiliating tactics which forced borrowers in some nervous and emotional exhaustion.

Fact # 3 Almost all the companies involved in debt collection I hope they know nothing about their rights under the FDCPA orthose offered by the state. Their lack of knowledge puts them at a decisive advantage. So it is very important, if anyone contacts you to collect a bill for the past or debt, are meant to violate FDCPA, stop everything we're doing now and know their rights. Also, contact your state to find out what laws in place to protect consumers against debt collection practices unethical.

Fact # 4When one of these collector violates your rights, fight! Even if you owe the debt, never allow any debt collector to push. Report that when they deal with that made on the basis of government measures (FDCPA) y. In this position, put on notice that the federal and state protected rights are not violated.

Fact # 5 No matter how powerful they appear, does not operate in the area of debtwant to appear on the radar of the Federal Trade Commission FTC red flag or for any Attorney General. Probably occurs when an investigation has arisen and the authorities are going to drop the bomb to cease and desist. If any company or person who has violated his right to federal or state law, not even thinking about it, Sue them!