The Bill Collector Letter That Gets Them Off Your Back
Do you remember the feeling you get when a letter from a bill collector shows up in the mail? The queasy feeling you get in your guts when you're told that you owe money that you are unable to repay? And later on, when the phone calls and letters hound you for money that you don't have?
It's time to assert yourself. It's finally time to discover what your rights are, and to exercise them.
The Fair Debt Collection Practices Act is a Federal law that outlines what debt collectors can and can't do to collect debts from you. The Act, also known as the FDCPA, puts definite limits on when and how these debt collectors can contact you to collect.
An example of what a debt collector can't do is to call you at work, unless they're doing it to find out a telephone number to call you at your house. They're also not allowed to inform other people, such as your employer, about any debts that you owe.
Also, debt collectors can't call you or continue to contact you if you tell them that they aren't to do so anymore. That's what we're going to learn to do.
The magic letter that sends bill collectors running consists of two things:
The first is your identifying information. This consists of your name, your address, any debt account numbers for the debt that they're trying to collect, and any other info they may need to positively identify you as the debt account holder.
The second thing is to state that you wish them to cease further communication with you.
These two steps are all that the FDCPA requires from you in order to keep the debt collector from further harassment. The only way the debt collector is allowed to contact you in the future is to let you know that they will stop contacting you, and if they intend to pursue legal action to collect on the debt.
When sending this letter, it's wise to send it via certified mail with delivery receipt requested. This means that when the letter is delivered to the debt collection agent, you'll receive notification that is now in their hands. Make sure to save this receipt to prove that the letter was actually delivered to the collection agent.
According to the rules of the FDCPA, if the debt collector continues to contact you in the future, they're in violation of the law. You then have the right to report them to the FTC, which is the agency that actually enforces the FDCPA. After you've notified the FTC about the legal violation by the debt collector, the FTC can take legal action against the debt collector on your behalf.
Keep in mind that even after you let the debt collector know about your desire not to be contacted, they still can pursue legal action against you to collect on the debt. This handy letter can only protect you from being harassed by debt collectors. It can't keep you from being sued by the debt collectors if they still want to collect on the debt. - 23226
It's time to assert yourself. It's finally time to discover what your rights are, and to exercise them.
The Fair Debt Collection Practices Act is a Federal law that outlines what debt collectors can and can't do to collect debts from you. The Act, also known as the FDCPA, puts definite limits on when and how these debt collectors can contact you to collect.
An example of what a debt collector can't do is to call you at work, unless they're doing it to find out a telephone number to call you at your house. They're also not allowed to inform other people, such as your employer, about any debts that you owe.
Also, debt collectors can't call you or continue to contact you if you tell them that they aren't to do so anymore. That's what we're going to learn to do.
The magic letter that sends bill collectors running consists of two things:
The first is your identifying information. This consists of your name, your address, any debt account numbers for the debt that they're trying to collect, and any other info they may need to positively identify you as the debt account holder.
The second thing is to state that you wish them to cease further communication with you.
These two steps are all that the FDCPA requires from you in order to keep the debt collector from further harassment. The only way the debt collector is allowed to contact you in the future is to let you know that they will stop contacting you, and if they intend to pursue legal action to collect on the debt.
When sending this letter, it's wise to send it via certified mail with delivery receipt requested. This means that when the letter is delivered to the debt collection agent, you'll receive notification that is now in their hands. Make sure to save this receipt to prove that the letter was actually delivered to the collection agent.
According to the rules of the FDCPA, if the debt collector continues to contact you in the future, they're in violation of the law. You then have the right to report them to the FTC, which is the agency that actually enforces the FDCPA. After you've notified the FTC about the legal violation by the debt collector, the FTC can take legal action against the debt collector on your behalf.
Keep in mind that even after you let the debt collector know about your desire not to be contacted, they still can pursue legal action against you to collect on the debt. This handy letter can only protect you from being harassed by debt collectors. It can't keep you from being sued by the debt collectors if they still want to collect on the debt. - 23226
About the Author:
Sean Payne is a veteran when it comes to deailng with debt. After over 10 years of dealing with his own debt problems, he has developed some powerful techniques to stop bill collectors calling. You can discover his secrets for getting out of debt at his debt payoff tips website.
posted by X - Men @ 7:15 AM
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