Debt collectors must not harass, oppress or abuse anyone.
Debt collectors must not use threats or harm the person, his property or his reputation.
Publication of a list of consumers who refuse to pay their debts is prohibited (except to a credit bureau).
Usage of obscene or profane language on a person or over the telephone is against the law.
Repetitive telephone calls to harass the person are also not allowed.
Call up people without identifying them in public and without advertising about your debt.
Debt collectors should not use any false statements when collecting a debt.
Debt collectors may not falsely imply that they are attorneys or government representatives.
They cannot falsely imply that you have committed a crime.
They are not allowed to falsely represent that they operate or work for a credit bureau.
They are not allowed to misrepresent the amount of your debt.
They cannot misrepresent the involvement of an attorney in collecting a debt.
They cannot indicate that papers being sent to you are legal forms when they are not and vice-versa.
They cannot threaten that you will be arrested if you do not pay your debt.
They are not allowed to seize, garnish, attach or sell your property or wages.
They cannot state that they will take actions, such as a lawsuit, which legally may not be taken.
The law may protect you from debt collectors but not from debts. When you have taken a loan, you are bound to repay it. Debt Consolidation is the solution to your entire financial problem. We will help you to get rid off debts very easily and smoothly. We will assist you in repaying your loans in the fastest, smoothest and safest way.
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do you know how i can get a company in trouble for...
Date: Thu, 06/30/2005 22:18
do you know how i can get a company in trouble for breaking this consumer protection act???
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.