The largest group
of debt collections abuses come from junk debt buyers.
Watchdog agencies announce debt collection crackdown — Federal and state regulators announced a coordinated effort to fight a growing tide
of debt collection abuses... (more)
Not exact matches
Even if you choose not to pursue avenues out
of default, you have the right to fight back against
debt collection agency harassment or
abuse.
In order to address widespread
abuses in the
debt collection industry, Congress passed the FDCPA in order to rein in the tactics
of debt collectors.
On top
of being subjected to the routinely nasty
abuse of debt collectors, any
debt in
collections devastates a credit score.
Fair
Debt Collection Practices Act: A federal law that protects all consumers from
abuse or threats from
collection agencies trying to collect overdue payments on behalf
of the original creditor.
What I am against is the
abuses in
debt collections and
of debt collectors.
You need to legally avail yourself to help prevent the
abuses of debt collections.
(Bank
of America has also been guilty
of credit card
debt collection abuses like its infamous rigged arbitration which came with its purchase
of MBNA.)
Many individuals that work for
debt collection agencies are respectful
of the people they are contacting, but some companies
abuse the trust
of the people by trying to collect past
debts that the individual is not legally obligated to pay.
Survey:
Debt collection problems widespread — For the one - third
of Americans who face
collection attempts, threats, falsehoods and other
abuses not unusual, survey finds... (See
Debt)
Google «
debt collection company scams» or «bank fraud,» and you will find there is no shortage
of bank and
debt collection fraud and
abuse.
You have rights as a consumer under the federal Fair
Debt Collection Practices Act, and if you are a victim
of creditor
abuse, the attorney from the firm knows what actions to take against the lender or
collection agency that is harassing you.
Typical
abuses tend to include embarrassing people by calling third parties (like their workplace, friends, or neighbors) in the
collection of the
debt.
Most don't know they have any rights in regard to the
collection activity giving rise to their visit with me — swearing, threats, and other
abuse isn't allowed under the FDCPA on the part
of debt collectors when they come calling.
2014)(successfully obtained decision affirming jury verdict in
collection -
abuse case and rejecting argument that consumers must first make a dispute before invoking the protections
of the Fair
Debt Collection Practices Act)(briefed and argued)