Tag Archive
Debt Collections cannot Escalate to Criminal Behavior
People live in fear of debtors calling to collect on unpaid debts when there is no means of being able to repay the debt. The thought of losing everything that you have worked for and everything your family knows is simply too much to bear for most people. When it comes to debt collections, thanks… »
Debt Collectors Must Treat You with Respect
The federal government set forth the “Fair Debt Collection Practices Act” to protect you and other consumers from unfair collection practices. It was finally realized that harassing people and threatening them into paying money by using fear tactics wasn’t good for the public health. When these acts were put in to place it was to… »
When Can Debt Collectors Continue to Contact You?
So you know that you have the right to tell a debt collector to stop contacting you and, by law, they have to do so. However, the government does realize that there are times that a collector might need to contact you a last time or two. Here is the exact wording from the “Fair… »
Will Debt Collectors Not Leave You Alone?
Did you know that there are laws for debt collectors in how they must approach you about repaying your debt? Believe it or not, it is not the wild west in the debt collection business as the government set forth the “Fair Debt Collection Practices Act” to reign in overzealous collectors. For example, when you… »
Why are Debt Collection Laws in Place?
We can all agree that debt collection is a necessary evil due to the fact that businesses and credit companies have a right to get a return on their investment. The fact that debt collectors exist is not proof that creditors are bad, but that they are trying to be profitable. All this being said,… »