Posted by Madeline Hedley | Posted on 04-05-2011
If you are like many other consumers in the US, you’ve got a facebook page. And, if you are like many other consumers in the US, you’ve got debt. Put the two together and now Creditors and Debt Collectors have found one more way to reach out to you in an effort to collect on money owed.
The Federal Fair Debt Collections Practices Act, the law that protects consumers from debt collector harassment, was enacted long before social media or the internet. Thus
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Posted by Madeline Hedley | Posted on 03-04-2011
There are times when people struggle to pay their bills. There just is not enough money coming in to make all the payments. Can debt collectors call family and friends to share the sometimes humiliating news that someone cannot pay? Simply stated the answer is no. This does not mean that debt collection never stoops to this level though.
The Fair Debt Collection Practices Act (FDCPA) is supposed to ensure that debt collectors do not call any third parties, including family and friends, to openly discuss any monetary issues. They can call to ask for information, such as a phone number or street address.
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Posted by Madeline Hedley | Posted on 26-03-2011
No one likes to answer the phone and find him or herself talking to a debt collector, but if it happens to you, there are some techniques you can use to end debt collector harassment and get the collection agency off your back.
1. Stay Calm
If you allow yourself to get upset and flustered, you won’t be able to think clearly and you may find yourself agreeing to a deal that you cannot live up to or that is not in your best interests just to end the debt collector harassment.
2. Record All Phone Calls from Debt Collectors
In order to do this, you must tell the debt collector what you are doing. S
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Posted by Madeline Hedley | Posted on 05-08-2010
Local Debt Collector Fined for Harassing Customers
Posted on August 4, 2010. Filed under: Debt Collectors,Debt in America,FDCPA | Tags: collector harassment, FDCPA |
Buffalo, NY (WBEN) — A local debt collection agency has agreed to pay a $125,000 fine, as part of a settlement with the New York Attorney General’s Office.
Hamburg-based Lewis Hastie Receivables acknowledged that it violated debt collection laws by “harassing and intimidating consumers.”
“Consumers did not receive verification of the debt,” Deputy Attorney General for Regional Affairs David Samson explains. “What that me
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Posted by Madeline Hedley | Posted on 14-07-2010
Friedman & Wexler – Debt Collector Shuts Down
Posted on July 12, 2010. Filed under: Debt Collectors,Debt in America,finance | Tags: friedman and wexler |
Friedman & Wexler pursued students who did not pay off their loans on time, car buyers who missed payments and Chicago residents who were late with their water bills. Lately, though, the Chicago law firm has been accused of not paying its own bills.
Friedman & Wexler is embroiled in several lawsuits with former clients, including the state of Illinois, that allege the firm and two of its principals, lawyers Norman Wexler and Mitchell Wexler, withheld funds. On
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