Today, many debt collectors are being sued for illegal debt collection practices, such as contacting creditors. The 1977 Fair Debt Collection Practices Act (FDCPA) provides consumers with certain rights that many are unaware of and that debt collectors will never disclose. If you are struggling to pay your debts, you may be able to sue the debt collector. You can find information on how to do this below.
This law makes it easier to get debt collectors to stop contacting you. You need to write a letter to them telling them that you want them to stop contacting you. In your letter, tell the person that you do not want to be contacted any further. Be assertive and clear in your request. The letter you sent them is not confirmation that you owe them any money on outstanding bills. Send the “cease and desist” letter by registered return receipt mail requested, and keep the proof of receipt of the letter being sent. Keep the proof for a long time.
If a debt collector contacts you after this letter is sent, and does so for any reason other than what is stated in the letter, they may get into trouble. The only way the debt collector can communicate with you is to say that they are either dropping the issue or taking you to court. If a company contacts you for any reason other than what you agreed to, you can sue them for $1,000 each time they contact you.
You don’t need to worry about the debt collectors taking you to court because very few of them actually do. The chances of getting anything from the court process are low, even if you get a judgment. The chances of them suing you are low.
Success rates of suing debt collectors
Every day, many consumers sue debt collectors and win their lawsuits. This means that if you are being sued by a debt collector, you have a very good chance of winning your case. The vast majority of debt cases will be settled in your favor outside of the court system for a lot more than the original debt that is due. This means that if you sue them, you may get back more money than you would have if you had just paid them.
The debt collector may be wrong about the amount of money you owe, so you should question the debt and bills. You can do this by suing the debt collector. If a debt collector claims that you owe them money, it is a good idea to ask them for proof. There are many debt collection agencies that are being sued by debtors for their failure to provide proof that the debt is actually owed. At any one time, there are thousands of lawsuits against debt collectors for harassing collection practices.
You now know how to stop debt collection agencies from contacting you and ensuring they operate within the law. Taking legal action against a debt collector may stop them from contacting you. If enough people sue the company, it will be forced to make permanent changes for the better.
Government resources to stop debt collectors
Make sure to use all of the resources at your disposal, including your local and state government agencies, when taking legal action against someone. There are many different agencies and groups that oversee and pursue debt collectors that break the law. The Federal Trade Commission (FTC) is one example, and there are also consumer protection agencies (such as the Better Business Bureau). Each state also has its own government department of finance and insurance that can regulate debt collectors and pursue them legally if necessary.
This means that if the debt collection agency is doing something wrong, the state department of finance and insurance can punish them. This could include a fine, or even ban the agency from operating in the state. The most common requirement for debt collection companies is that they be licensed and pay a large financial bond in order to operate in a state.
If you are having problems with a debt collector, your state regulator may be able to help you. You should not tell the collection agency that you have legal rights that could stop them from taking action against you. Instead of taking them to court, just sue them. You need to defeat the debt collection agency if they are violating your rights.
There are laws and programs in place in many states to stop medical debt collectors from hounding people. If you have outstanding debt with a hospital or medical care provider, you are subject to a different set of laws.
If you continue to have a problem with a debt collection agency or an unpaid bill, you can bring it to the attention of your state and local politicians.
Bottom line on debt collection lawsuits and getting help
There are options available for consumers. If someone is having trouble with a debt collector, they may be able to get free legal help to sue the debt collector. There are many places where you can find free legal aid resources. Some examples are the legal aid society, the public defender’s office, or community legal services. You can also find many online resources that can help you with your legal issue.
If a lot of people do these things…. If you are having trouble with a company, you can contact a debt collector, notify an Attorney General, or contact a politician. There will be changes to the way illegal debt collection practices are handled. You can help stop debt collectors by telling as many people as possible how they can stop them. The more people that know how to stop debt collectors, the better the chances something will be done to stop them permanently.