Welcome to Debt Collection Guide
Dispute Debt Collection Letters Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
What Fair Debt Collection Means to You?
from:So, you may have missed some payments on your mortgage. Or, you may have failed to respond to calls from your creditor. Despite the fact that you may have failed to keep your end of the contract, you still have the right to be treated fairly during the process of debt collection.
Fair debt collection involves the use of proper tools to evaluate your situation. It also gives you ample time to respond to the notification of the debt collector. In order to ensure that debt collection is carried out fairly, the congress passed the Fair Debt Collection Practices Act or FDCPA.
The FDCPA ensures that there are guidelines that will protect you when you communicate with a debt collector to settle your accounts. The act states that the debt collector cannot intimidate you with false threats. He cannot scare you into thinking that you will go to jail if you fail to make payments on time. He cannot insult your race or make any negative references to your gender. He is also not allowed to talk to you using obscene and profane language.
Fair debt collection also protects your privacy. This means that debt collectors are not allowed to tell other people about your debt. They cannot put you in a place of public shame and humiliation in order to pressure you into paying. If the debt collection process is to be fair, then it is only right that you and your debt problems remain private and personal. More importantly, fair debt collection gives you the right to sue your debt collector if you feel that he is being abusive, aggressive or dishonest.
Fair debt collection means that even though you have failed to make some payments, the debt collection agency will still respect you and value you as a client. This means that you are given the opportunity to approach your debt collector and request for a change of payment scheme. Once you show that you intend to pay, you are allowed to renegotiate the structure of your debt. You and your debt collector will come up with a payment scheme that you can afford. This is what fair debt collection is about; it gives you a legal environment in which you can come up with an effective way to settle your debt.
So, if you have debts, do not panic. The United States of America has put in the necessary legal safeguards that will allow you to coordinate with debt collectors without fear of harassment or abuse. You won’t be arbitrarily driven out of your home or anything like that. The FDCDPA ensures that there is a fair debt collection process that will respect your rights as an individual and a customer. In the end, fair debt collection should help reduce the stress and anxiety that are brought about by the entire process of settling a debt.
Dispute Debt Collection Letters Specific links
Dispute Debt Collection Letters News
FTC Reaches Settlement with Debt Buyer Regarding Collection of Past-Statute Debt - ACA International
FTC Reaches Settlement with Debt Buyer Regarding Collection of Past-Statute Debt ACA International The settlement requires the debt buyer to take a number of steps when responding to consumer disputes and collecting on accounts that are past the statute of limitations. The Decree acknowledges the debt buyer did not admit to any of the allegations of ... |
Hollywood Video back from the dead — to collect late rental fees - Oregon Business News (press release)
 Oregon Business News (press release) | Hollywood Video back from the dead — to collect late rental fees Oregon Business News (press release) •Communicate with debt collectors: Write letters to collection agencies; dispute charges, state your case and include supporting documentation. Send letters via certified mail with return receipts. •Check credit reports: Visit annualcreditreport.com to ... |
Beware of Hollywood Video debt notices - Mercer Island Reporter
Beware of Hollywood Video debt notices Mercer Island Reporter The Better Business Bureau of Alaska, Oregon and Washington issued a statement last week describing that many former customers had received letters from the collection agency that is working to collect on any outstanding debt from the company. |
What to do if video rental store demands money from you - Idaho Press-Tribune (blog)
 The Consumerist (blog) | What to do if video rental store demands money from you Idaho Press-Tribune (blog) Consumers with complaints on Hollywood Video and Movie Gallery can email customerrequests@hlyw.com. Communicate with debt collectors. Write letters to collection agencies; dispute charges, state your case and include supporting documentation. Hollywood Video Continues To Try Collecting Debts From Beyond The Grave Bankrupt Hollywood Video still trying to collect fees |
Under FTC Settlement, Debt Buyer Agrees to Pay $2.5 Million for Alleged ... - Sacramento Bee
Under FTC Settlement, Debt Buyer Agrees to Pay $2.5 Million for Alleged ... Sacramento Bee To ensure it has such a basis, the order requires Asset Acceptance to investigate consumer disputes before continuing collection efforts; Violating the Fair Credit Reporting Act and the Fair Debt Collection Practices Act, in the ways alleged in the ... |