Debt collectors can use various tactics to encourage people to pay. In some cases, they may resort to tactics that are illegal. As most consumers do not know their rights, unscrupulous debt collectors often get away with it. Hence, understanding a little can help you...
Debt collectors have a difficult job, but they must still follow certain laws when they’re trying to collect money. The Fair Debt Collection Practices Act governs what they can do. For example, they can’t threaten you with arrest for not paying your debt. The FDCPA...
Technically, creditors have the right to call you, send you letters or even take you to court in an effort to collect on the debts that you owe. However, after a certain point, it will become much harder for a business to convince an individual to pay a debt....
The best way for Minnesota consumers to beat debt collectors at their own game is by knowing their rights. Debt collectors count on fear, ignorance and intimidation tactics to scare you into paying them. Being equipped with the correct information helps you overcome...
Anyone struggling with debt in Minnesota knows how stressful the situation is. Many debt collectors will try to capitalize on that stress by illegally attempting to seize your property, including your vehicles. If a repossessor calls for your vehicle, you must take...
Debt collectors are allowed to contact debtors, but there are limitations on frequency and type of contact. They cannot leave intimidating or threatening messages on other people's phones or email accounts. There is a federal law designed to stop debt collectors in...
It can be exhausting when a debt collector calls you non-stop about your debts. You have other responsibilities in life, and having a debt collector pursuing you may interrupt your daily activities and affect your work performance. You may owe the money, but that...
Regular readers of our Minnesota Consumer Rights Blog know that we have several times written in the past about the Fair Debt Collection Practices Act (FDCPA). Simply put, it’s a law that helps to protect consumers from abusive debt collectors. It’s not uncommon for a...
When someone has a considerable amount of debt, they are likely to be under a lot of stress and pressure. Trying to make ends meet while also keeping up on bills is never easy, but harassing debt collectors does not make things any easier. Debt collectors will try...
When those struggling with debt seek bankruptcy, one of the benefits of bankruptcy is getting an automatic stay, where debt collectors can’t call until the bankruptcy is resolved. If the debtor receives a Chapter 7 bankruptcy, most likely, nearly all of their debt...
