Better Credit Blog

AUGUST 31, 2020

Debt collectors are notorious for harassing consumers when they seek repayment, calling excessively and threatening to take actions that may not be legal. What you may not know is that you are protected by the Fair Debt Collection Practices Act (FDCPA), a law designed to keep third-party debt collectors in check when they contact you.

Fair Debt Collection 53

Fair Debt Collection Third-party Debt Collectors Collections Debt collector 53

Debt Free Colorado

FEBRUARY 21, 2022

Does Colorado Law Protect Me From Debt Collectors? When collecting a debt from you, collection agencies must adhere to federal and state rules. Fortunately, the federal Fair Debt Collection Practices Act (FDCPA) protects all states. Using or threatening consumers with physical violence.

Debt collector 98

Debt collector Fair Debt Collection Collection Agencies Collections Agency 98

Credit Corp

NOVEMBER 9, 2020

Knowing illegal debt collection practices can help identify when you’re being treated unfairly. The Fair Debt Collection Practices Act is a federal law that protects consumers against certain unfair collection practices. It does not come into play for creditors collecting their own debts.

Collection Agencies 105

Collection Agencies Collections Agency Credit Bureau Collections 105

Better Credit Blog

APRIL 1, 2022

This doesn’t mean you no longer owe this credit card debt; it means you no longer owe the credit card issuer the money. Instead, you now owe the money to the third-party debt collector. That said, there is no harm in trying this method even if Capital One still owns your old credit card debt.

Debt collector 73

Debt collector Credit Card Debt Collections Third-party Debt Collectors 73

Better Credit Blog

SEPTEMBER 17, 2020

Demand Proof of the Debt. The Fair Debt Collection Practices Act provides you with yet another advantage, the ability to ask collections agencies to provide validation that you owe what they claim you do. They’ll take care of the basics, by validating debts and negotiating payments.

Collections 52

Collections Collection Agencies Collections Agency Third-party Debt Collectors 52

Debt Free Colorado

APRIL 1, 2021

Also, it’s a violation of the Fair Debt Collection Practices Act (FDCPA) for a third party debt collector to disclose information about your debts to others. You can’t garnish wages because you don’t have a judgment. Anyone in a law firm understands how to use BCC.

Law Firms 75

Law Firms Third-party Debt Collectors Lawyers Loans 75

Better Credit Blog

AUGUST 25, 2020

Here’s how: Submit a debt validation letter. Submit a Debt Validation Letter. Another important benefit of the Fair Debt Collection Practices Act is that it requires debt collectors to validate any debts they’re attempting to collect. Arrange a pay-for-delete agreement.

Debt collector 52

Debt collector Collection Agencies Collections Agency Third-party Debt Collectors 52