Debt Collection Act helps to fight illegitimate debt collectors
At every step in life you will come across rules and regulations that protect your rights and also define your limitations. Rights and responsibilities are just the opposite sides of the same coin. There is an inseparable connection between the two. Debt collection also follows certain rights and responsibilities as given by the law.
- What exactly are the rules concerning debt, debtors and debt collectors?
- What control do you have over payment of debts?
- What is Fair Debt Collection Practices Act?
You are a debtor if you are involved in any of these acts:
- You use credit cards.
- You owe money on a personal loan.
- You are paying for your home mortgage.
A debt collector is one who collects payments towards debt from a person who is under serious debt related problems. It can be any individual, a company or agency or even solicitors and attorneys other than the creditor himself. These people regularly collect debts on behalf of the creditors to whom you owe the loan. If you are unable to pay off your creditor the right amount at the right time or if there are some errors in your account book, the debt collectors contact you. They cannot impose any act on you because under all situations the Fair Debt Collection Practices Act is there to protect you. Under this Act, debt collectors are bound to treat you fairly prohibiting certain methods of harassment that goes against the law. Even if these laws protect you, they cannot help you get rid off your total debt.
We offer you Debt Consolidation so that you get rid off depressions due to debt burden. We have helped many people come out from the clutches of debt in the easiest, fastest and safest way. We offer you free debt consolidation services to gift you a debt free life ahead. We have some exclusive articles on debt related topics where we show you the path towards freedom from debt.
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#1
02-12-2007, 06:49 PM
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Sub:
Debt Collection Act helps to fight illegitimate debt collectors
The Fair Debt Collection Practices Act Simplified: A Primer on the Law
      A simplified version of FDCPA __________________
Cajunbulldog Keeping an eye out for consumers. http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809 http://www.ftc.gov/os/statutes/fcrajump.shtm http://www.debtconsolidationcare.com.../about216.html Use this letter to protect your rights under the FDCPA myfairdebt.com & myfaircredit.com-Good source of case law in forums. 
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#3
02-12-2007, 07:41 PM
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Sub:
Original creditors are exempt.Look at your state laws.Another place to look is fair credit reporting act.This law governs how they report on your credit bureaus.
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#6
02-12-2007, 07:55 PM
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Sub:
kyside38,
 I have a bunch of this info,still learning rules on size of post,attachments,etc.  I'll get some more once I figure it out!
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#7
02-13-2007, 12:43 PM
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Thanks for the sticky, Mike.
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#8
02-13-2007, 12:53 PM
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You are welcome, cajun
 The technical problem in the website is keeping me very busy for the moment. I am sorry that I didn't post earlier that your topic is included in the special topics of the "Dealing with Collection Agency" forum. Thanks for your hard work Regards Mike __________________
Happy friendship day/week/year to you ... be my friend.
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#9
02-13-2007, 03:18 PM
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Sub:
Thank you cajun & Mike!
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A journey of a thousand miles begins with a single step...and becoming debt free is a journey!
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#10
02-14-2007, 05:27 AM
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Senior Member
Join Date: Dec 2005
Posts: 3,666
Credits: 36,602
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Sub:
Thanks for posting this.
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#11
04-05-2007, 08:04 AM
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Sub:
This website is part of the FTC
http://www.consumer.gov/sentinel/ It has loads of information relating to consumer scams and ID Theft.
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#13
04-08-2007, 06:27 PM
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Sub:
5mil,this is a sticky and will remain here as long as this site is up.
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Cajunbulldog Keeping an eye out for consumers. http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809 http://www.ftc.gov/os/statutes/fcrajump.shtm http://www.debtconsolidationcare.com.../about216.html Use this letter to protect your rights under the FDCPA myfairdebt.com & myfaircredit.com-Good source of case law in forums.
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#14
04-13-2007, 08:27 PM
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hey Cajun....this is great info....As soon as I can learn how to hotlink text using this code...I am definitely adding this along with my other attached signature! Thanks for all of this work! I read the entire thing....gr8 stuff
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"Heal the past, dream the future; live the present." http://www.naca.net/know-your-consumer-rights/ Find your Congressman Find Your Senator Know your rights under the FDCPA
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#15
04-13-2007, 08:36 PM
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Oh Lord I wish I could remember my html...geezzz haven't written any in yrs. Well as soon as I get the time this link will absolutely be added!
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"Heal the past, dream the future; live the present." http://www.naca.net/know-your-consumer-rights/ Find your Congressman Find Your Senator Know your rights under the FDCPA
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#16
04-14-2007, 06:14 PM
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Sub:
WOW!!! Thank you so much!!! I read the whole thing--it definitely opens your eyes! I wish I had known all this stuff last year!!! I paid over $3000 for ipdls when I only needed to pay $750!!! I am so glad you put this up!!! We have NOTHING to be scared of when it comes to these nasty bloodsuckers!
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Live, love, and laugh today for tomorrow may never come.
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