Given the events of this previous year, many consumers have found that the loss of a job or change of personal circumstances has caused a negative impact on their economic status. Many are finding that these dire financial situations have led to increased credit card debt and a failure to continue their payment on previous debts. No one wants to find themselves in this challenging situation see their options dwindle away. When debt collectors become more aggressive, those in debt may wonder what practices are standard and which are predatory.
Protecting yourself from unfair practices
People in debt have a right to protect themselves from unfair debt collection practices. Every company and debt collection agency may have different practices for pursuing owed debts. You must understand what actions may venture into the realm of abuse:
- Collectors may use emails, mail, and other messages to harass a person in debt. Incessant calls could be considered harassment.
- Agencies that contact neighbors, employers, family and friends could be considered an infringement of privacy and may constitute a violation of the Fair Debt Collection Practices Act. Moreover, this action could ruin a person’s reputation.
- Collectors have to communicate via your lawyer if you’re represented by one.
- These companies cannot deceive a debtor into answering a harassing call or communication.
- Threats and intimidation are also illegal.
Knowing your options when it comes to your debt
If you request it, a debt collection agency is supposed to cease contact with you. This action doesn’t remove the debt, as the amount can still be collected through a lawsuit. If you’re being preyed upon by unscrupulous debt collectors, you need to exercise your right to combat this treatment.
