With home values plummeting and unemployment at the highest point in recent memory, an increasing number of Americans are having a hard time keeping a roof over their heads and food on the table. All too often, there just isn’t enough money left over to pay the bills. This means that more consumers than ever before are falling prey to unscrupulous debt collectors, who will go to any length to get folks to pay up.
If you’re receiving debt collection letters or debt collection agency phone calls, it’s imperative that you understand your debt collection rights. Knowledge is power, and when you know the difference between legal and illegal debt collector behavior, you can draw a line in the sand and let debt collection agencies know that they can’t browbeat or threaten you.
The primary law that protects you is the federal Fair Debt Collection Practices Act. (Learn about state fair debt collection laws.) Originally enacted in 1978, the FDCPA outlines exactly what debt collectors and debt collection agencies can and cannot do in an attempt to collect a debt. It also outlines your right to dispute a debt, and the responsibility of the debt collector to prove that the debt is yours to pay.
Click on a link below to learn more about your debt collection rights, or how to formulate your own debt collector action plan.
- The difference between original and third-party debt
- How debt collectors track you down
- Legal and illegal debt collection tactics
- The 5-day validation notice
- Your 30-day dispute period
- Develop a debt collector action plan
- How to stop debt collectors
- Learn about debt collection attorneys
- How to sue debt collectors
If you have been the victim of harassment or illegal or unfair debt collection practices, contact the Fair Debt Attorneys at Lemberg & Associates immediately to discuss your options and protect your rights. When you owe creditors money, you are protected by the Fair Debt Collection Practices Act, as well as other federal and state laws. If a debt collector has violated your rights, you may be entitled to up to $1000 in damages, and they may even have to pay your attorney fees. Sergei Lemberg, and the attorneys at Lemberg & Associates have helped countless people to assert their legal rights with debt collectors. Don't be intimidated by illegal debt collection practices. For more information, contact Lemberg & Associates today at .