Knowing that you owe a company money is a difficult situation to be in. The last thing that you probably want to happen is that they start collection attempts. While many debt collectors comply with laws regarding collection attempts, others are unscrupulous. Debt...
It's rarely good news when the phone rings early in the morning or late at night. This is especially true when a debt collector is on the line. The call is likely to be tense as the debt collector pressures you to make a payment and tries to scare you with what could...
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...
Consumers in Minnesota and the rest of the nation have reason to rejoice. The Consumer Financial Protection Bureau (CFPB) has issued a new rule. This decision is one that grants states a much wider range of powers to protect consumers. The new rule is set to take...
The stress of debt on consumers in Minnesota is enough without getting constantly contacted by third-party debt collectors. The Fair Debt Collection Practices Act passed in 1971 protects you from deceptive and harassing collectors. The collectors have limits on how...
If you get behind on debt in Minnesota, third-party debt collectors may soon start calling. However, many consumers don't know that debt collection agencies can't do anything they want. You have rights under the law to protect yourself from creditor harassment. The...
Minnesota residents who have financial obligations will often receive annoying calls from debt collectors. However, if you have settled through bankruptcy and your debts were discharged, you shouldn’t be receiving such calls. It’s important to know what to do. Can...
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...
If you struggle with debt, you may expect to eventually hear from debt collectors. Some may be dishonest, untruthful and intimidating, resorting to almost anything they can do to collect the money. Such behavior is repugnant and illegal. A federal law known as the...
No one in Minnesota likes being on the receiving end of nonstop collection calls. If you’re like most people overwhelmed by debt, you probably wish you could keep up with payments. However, unforeseen financial circumstances can lead to missed payments and a debt...
