If debt collectors are harassing you more than you think they should, you could be right. The Fair Debt Collection Practices Act was created by the U.S. government because debt collection practices were getting out of hand and reputable debt collection firms were beginning to resort to criminal behavior to collect debts owed. Consumers were in an outrage and the actions had to be taken to ensure these collectors were stopped and forced to abide by a standard set of rules that were designed to be fair for both the consumer and the debt collection agency.
If you feel that a debt collector is taking their job too far and causing you undue stress at home or in your workplace, you have the right to take action and force them to stop. You can tell the debt collection agency to stop contacting you immediately and they must cease any contact with you. Their next step would be to sue you in court the amount of the debt and any court costs so this shouldn’t be your first option unless the calls are becoming harassing and you can’t take it anymore. Otherwise, face up to your debt and try to make some sort of payment arrangements with the collection agency to avoid being taken to court.
If a debt collector does break the law while trying to collect a debt, you need to document the behavior as soon as possible. Try to obtain a witness to the illegal activity and keep a written log containing the violation, time and date of the violation and any witnessed you had present.
After logging the illegal activity of the debt collection agency, you can now file a complaint with the Federal Trade Commission. You can contact them at www.ftccomplaintassistant.gov. Make sure to include the collection agencies name, any offensive material you received from them and your log of their behavior.
You will want to forward your complaint to the appropriate state agencies, the collection agency and the original creditor. After you file your complaint you will need to wait while the FTC does its job. The end result may be the collection company cancelling the debt so as to protect their reputation in the industry.
You can also sue the debt collection agency if you feel that their collection practices went too far. If their behavior was abusive, offensive or harassive and you can document it, you may be able to take them to court and sue them for money damages. Make sure that you have a viable case before you take legal action otherwise you will just be throwing good money after bad and end up spending more money than the original debt was worth if you lose.
Understand your debt relief rights and know when a debt collector is acting inappropriately. Don’t let debt collectors push you around; pay your debts on time and avoid the collection process altogether. Find a company offering bad credit credit cards with no deposit and apply for one. Even if your credit situation is bad, you can still qualify for a bad credit credit card and help rebuild your future.