As we all are aware that we are responsible for our credit accounts and falling behind triggers all types of problems for your credit. In some cases, you may default completely with your creditor who then will charge of the account and sell it to a collection agency. This is when you will be contacted by the “debt collector.” A debt collector is any person, other than the creditor, who regularly collects debts owed to others. This includes lawyers who collect debts on a regular basis. Get familiar with your rights when it comes to debt collectors.
You have the right to obtain proof of the alleged debt from the debt collector.
The Fair Debt Collection Practices Act (FDCPA) The FDCPA prohibits debt collectors from engaging in unfair, deceptive, or abusive practices while collecting these debts.
Your rights under the Fair Debt Collection Practices Act:
- Debt collectors may contact you only between 8 a.m. and 9 p.m.
- Debt collectors may not contact you at work if they know your employer disapproves.
- Debt collectors may not harass, oppress, or abuse you.
- Debt collectors may not lie when collecting debts, such as falsely implying that you have committed a crime.
- Debt collectors must identify themselves to you on the phone.
- Debt collectors must stop contacting you if you ask them to in writing.
If you are having issues with debt collectors or if you are unsure if a debt on your credit report belongs to you, contact us.