The Bill Collector Letter That Shuts Them Up
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 turn the tables. It's time to learn your rights 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 thing is your identifying information. This includes your name, address, account number of the debt that the bill collector is trying to collect on, and any other information that they need to identify you.
The second part is to let them know that you want them to stop communicating with you, period.
This is all that the FDCPA requires you to do to stop the bill collector from contacting or harassing you in the future. The only additional correspondence that the bill collector can send to you is a letter notifying you that they will stop contacting you, and whether or not they intend to pursue legal action in order to collect on the debt.
When you send your bill collector letter, you'd be wise to mail it via certified mail. Make sure to request a delivery receipt, so that when the debt collector get the letter, you'll receive notification that they've gotten it. Make sure that you save the receipt in case you have to prove that they actually got the letter.
According to the FDCPA, if the bill collector contacts you in the future in violation of the law, you have the right to report the bill collector to the FTC. The FTC is the Federal Agency that enforces the FDCPA. Once you have notified the FTC of the bill collector's violation of the law, they can pursue legal action against the bill collector.
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. - 23162
It's time to turn the tables. It's time to learn your rights 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 thing is your identifying information. This includes your name, address, account number of the debt that the bill collector is trying to collect on, and any other information that they need to identify you.
The second part is to let them know that you want them to stop communicating with you, period.
This is all that the FDCPA requires you to do to stop the bill collector from contacting or harassing you in the future. The only additional correspondence that the bill collector can send to you is a letter notifying you that they will stop contacting you, and whether or not they intend to pursue legal action in order to collect on the debt.
When you send your bill collector letter, you'd be wise to mail it via certified mail. Make sure to request a delivery receipt, so that when the debt collector get the letter, you'll receive notification that they've gotten it. Make sure that you save the receipt in case you have to prove that they actually got the letter.
According to the FDCPA, if the bill collector contacts you in the future in violation of the law, you have the right to report the bill collector to the FTC. The FTC is the Federal Agency that enforces the FDCPA. Once you have notified the FTC of the bill collector's violation of the law, they can pursue legal action against the bill collector.
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. - 23162
About the Author:
Sean Payne can teach you plenty about how to get out of debt. After over 10 years of learning about how to get out of debt, he has developed a powerful method to keep bill collectors from calling. You can discover his secrets for paying off debt at his debt payoff tips website.
posted by X - Men @ 1:40 AM
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