Wednesday, October 5, 2016

Debt Collection - by Chris M. Ervin

It can happen to anyone: you suffer a financial set-back like the loss of a job, and you are unable to make timely payments on a debt. What can you do?

Validate
                If a debt collector contacts you request information such as the amount owed and date of last payment.

Challenge it
You can write the creditor to say you’re disputing the debt. Be as specific as possible in your letter. Say why the debt collection attempt is not valid, including information about payment history or why the debt may not be yours and any other relevant information.

Pay it off?
Although you may think paying at least a little bit will get the creditor off your back, it can make things much worse. Making even a single payment on time-barred debt can bring it back from the dead and reset the statute of limitations.

Harassment and Fraud
State law prohibits the use of harassment and abusive collection tactics. It is illegal for any debt collector to:
threaten violence or other criminal acts;
use profane or obscene language;
falsely accuse the consumer of fraud or other crimes;
threaten arrest of the consumer, or repossession or other seizure of property without proper court proceedings;
use the telephone to harass debtors by calling anonymously or making repeated or continuous calls;
make collect telephone calls without disclosing the true name of the caller before the charges are accepted.
The use of fraudulent or deceptive practices is also prohibited, including:
using a false name or identification;
misrepresenting the amount of the debt or its judicial status;
sending documents to a debtor that falsely appear to be from a court or other official agency;
failing to identify who holds the debt;
misrepresenting the nature of the services rendered by the collection agency or the collector;
falsely representing that the collector has information or something of value in order to discover information about the consumer.
If you believe that your rights have been violated by a Debt Collector, I have the professionalism and experience to be a vigorous advocate for your issue, large or small.  Call to schedule a consultation today.

Frye, Oaks, Benavidez, and O’Neil

713 227-1717

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