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debt collector

Submitted by on Tue, 11/16/2010 - 08:09
Posts: 202330

My question involves collection proceedings in the State of: Florida
I have a hard ship at some point, I started using a credit card to pay my mortgage, then I could not pay either or, I keep sending payments to all my CC, with Bank of America, a very large one the interes rate promotion went up and I could not continue sending the full minimun Payment, I started sendind less than the minimun, after 3 months I have a phone call, I explain what is happening and ask them if I can be put on any payment plan, they told me that I have to be upto date on the payment to do this, but I continue sending small payments, after 6 months I have and other phone call to offer me to settle the debt for $.30c per dollar, but i still have to came up with $7000,00 to get this done, and I could not, a moth later I have a call from NorthStar Collection agency, this person was rude and told me that I better get a lawyer, or paid the account in full,he started lugfing, and told me to be prepare to loose everhing that I have, now everyone of my neighbors have recive a call from this agency that they are trying to contact me for a collection with Bank of America, they do have my number and I always talk to them BOA and the Northstar Agency, I dont understand what is going to happen, why call my neighbors and dont try to make a payments arregments with me?

According to the FDCPA act, debt collectors can't contact your neighbors time and again. They can communicate with your neighbors only once when they are unable to locate you. The collectors are also forbidden to reveal your debt information to your neighbors. The Act also prohibits the collectors from threatening debtors when collecting debts. So, now you know that BOA and NorthStar are violating the FDCPA laws. In such a situation, you should contact your State's Attorney General. He can tell you what legal action you can take. You can file a case against both BOA and NorthStar. If you do win the case, then they will be required to give you $1000 and financially compensate all your legal expenses. You may even register a complaint with FTC.

Credit card debts are unsecured debts. So, legally they can't foreclose your property. However, they can sue you for non-repayment of debts. If the collection agencies are not interested to negotiate a payment plan with you, then its better to take professional help. You can get professional help from the debt relief companies. the representatives at the debt relief companies can negotiate with the collectors for an alternative repayment plan in a better manner. It is better to take professional help and pay off the debts than being sued by the collectors.

Submitted by Good Nelly on Wed, 11/17/2010 - 02:52

Good Nelly

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