We are a country that has a law to cover virtually any situation imaginable, and the debt is not excluded from that list. Now I understand: debt collectors must comply with the provisions of the law fair debt collection, but even if they do not, your debt will not be removed ..
However, this law provides a very good standard of what is and what is not acceptable tactics collectors use.
You are a "debtor" when you owe money to any person or company for any reason. When a "debtor" behind on your payments, the "provider" may take measures to try to collect the outstanding debt. The "supplier" is the person or institution to which you owe money. A person hired by the creditor to collect debt owed by the debtor is called a "collector" and there are rules inDebt> recovery law right to a debt collector must respect.
For example, a debt collector may not:
* Assumes that are or lawyers representing the government.
* This implies that by not paying a debt that you have committed a crime.
* Falsely inform you that the newspapers are or are not legal forms.
There are other rules about what a debt collector can and can not do when he or she is trying tocollect a debt A debt collector can not.:
* Tell you will be arrested if you do not pay the debt.
* Tell your wages can be garnished or property seized unless the creditor has the legal right to do so.
* You say you will be sued unless the lender has, in fact, intend to take action.
There are many other important provisions of the law of fair collection and must be donegood to know exactly what it offers, this act if they are harassed by debt collectors.
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