Aug
22
2008
Debt Harassment Not Allowed by Fair Debt Rules
Posted by: judyh in Business, Finance, tags: collection practices, debt harrassment, fair debt collection, get out of debtDid you know that the FDCPA (the Fair Debt Collection Practices Act) strictly regulates the practices of debt collectors and collection agencies and states that unreasonably aggressive or misleading collection practices are against the law?
We have all heard about debt collectors using threats to pry money out of people, but threats by debt collectors are generally considered unlawful. For instance, they cannot threaten that nonpayment will result in imprisonment, garnishment, or attachment.
Entries (RSS)