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...
Protecting yourself against debt collectors
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...
Illegal tactics subscribed to by unscrupulous debt collectors
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...
How to stop debt collection calls
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...
Debtor rights under the Fair Debt Collection Practices Act
When consumers in Minnesota fall behind on debt, they risk getting turned over to collections, and they may get numerous calls from debt collectors. Some debt collection agencies make reasonable collection attempts, but others do not. Debt collectors cannot do...
Understanding the Fair Debt Collection Practices Act
People in Minnesota should be aware of their rights under the Fair Debt Collection Practices Act, or FDCPA. This law regulates practices in the debt collection industry, particularly when it comes to third-party debt collection agencies. This is particularly important...
Prominent debt collector faces new accusations of wrongdoing
It has been a good summer for debt collectors. Profits have tripled for two of the largest companies in the industry, according to a report from Bloomberg. One of those companies is Encore Capital Group Inc., which took in $66 million more in revenue than anticipated....
A summer of debt collection abuse
When residents of Minnesota and Wisconsin look back on summer, it’s often with fond memories of sunny days, sparkling lakes and weekends at cabins up north. When the Consumer Financial Protection Bureau (CFPB) recently looked back with its summer edition of...
How to put a stop to creditor calls after filing for bankruptcy
Bankruptcy eliminates an individual’s obligations to pay any debts the court discharges. After successfully filing for bankruptcy, you were likely looking forward to the relief that comes with living debt-free and getting your financial life back on track....
Part II: Federal appeals court weighs abusive debt collection case revival
As regular readers of our Minnesota Consumer Rights Blog will undoubtedly recall, we recently published a post on a lawsuit that the 9th U.S. Circuit Court of Appeals is considering. The court will decide if a lawsuit should be revived that question of whether a debt...