Just about everybody has taken out a loan at sometime in their lives. The vast majority of people want to repay their loans if they are able to do so. One good reason is our fear of being harassed by creditors if we don’t pay.
Many times when a debt does not get paid on time the creditor company will have a department responsible for collecting that debt. Or they will pass it on to a third party for collection. The debt collector approaches the debtor to collect the dues. Sometimes the collector resorts to illegal means to collect what they are owed and harassment is one of the main weapons they use.
Harassment of creditors is expressly banned under the Federal Fair Debt Collection Practices Act. But, still there are some debt collectors who continue to use harassment for collection. They can often get away with this because consumers are unaware of the protection they have under the law.
One of the reasons bill collectors can get away with this is that most people generally want to repay their debts and feel obligated to respond in good faith when a creditor asks for repayment. Bill collectors, however, have a job to do. They don’t really care about retaining good relations with past customers who have gone delinquent. They don’t really want to hear excuses or stories from people. They are only interested in getting paid.
There are many methods of harassment, but under the law there are certain prohibited tactics that cannot be used for the collection of debts. One technique that is not allowed is the use of abusive language. Another is contacting third parties in an attempt to collect from you.
Learn more about the Fair Debt Collection Practices Act – FDCPA – and how it protects you from debt harassment. Visit FairDebtHelpers.com for a free evaluation of your case by an experienced fair debt attorney.
There is also a strict limit on when collection phone calls can be made – only between 8 am and 9 pm. Calling your employer is also not allowed if you specifically tell them not to. If the debtor is represented by an attorney, demands for payment must be made to the attorney.