Welcome to Debt Collection Guide
Florida Fair Debt Collection Laws Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
What Fair Debt Collection Means to You?
from:So, you may have missed some payments on your mortgage. Or, you may have failed to respond to calls from your creditor. Despite the fact that you may have failed to keep your end of the contract, you still have the right to be treated fairly during the process of debt collection.
Fair debt collection involves the use of proper tools to evaluate your situation. It also gives you ample time to respond to the notification of the debt collector. In order to ensure that debt collection is carried out fairly, the congress passed the Fair Debt Collection Practices Act or FDCPA.
The FDCPA ensures that there are guidelines that will protect you when you communicate with a debt collector to settle your accounts. The act states that the debt collector cannot intimidate you with false threats. He cannot scare you into thinking that you will go to jail if you fail to make payments on time. He cannot insult your race or make any negative references to your gender. He is also not allowed to talk to you using obscene and profane language.
Fair debt collection also protects your privacy. This means that debt collectors are not allowed to tell other people about your debt. They cannot put you in a place of public shame and humiliation in order to pressure you into paying. If the debt collection process is to be fair, then it is only right that you and your debt problems remain private and personal. More importantly, fair debt collection gives you the right to sue your debt collector if you feel that he is being abusive, aggressive or dishonest.
Fair debt collection means that even though you have failed to make some payments, the debt collection agency will still respect you and value you as a client. This means that you are given the opportunity to approach your debt collector and request for a change of payment scheme. Once you show that you intend to pay, you are allowed to renegotiate the structure of your debt. You and your debt collector will come up with a payment scheme that you can afford. This is what fair debt collection is about; it gives you a legal environment in which you can come up with an effective way to settle your debt.
So, if you have debts, do not panic. The United States of America has put in the necessary legal safeguards that will allow you to coordinate with debt collectors without fear of harassment or abuse. You won’t be arbitrarily driven out of your home or anything like that. The FDCDPA ensures that there is a fair debt collection process that will respect your rights as an individual and a customer. In the end, fair debt collection should help reduce the stress and anxiety that are brought about by the entire process of settling a debt.
Florida Fair Debt Collection Laws News
Send to a friendOpen Mike, April 28-29 - Politico
Send to a friendOpen Mike, April 28-29 Politico A Florida law requiring new voter registrations to be submitted within 48 hours of collection or else face a fine of up to $5000(!!!) has proven so onerous that the Florida League of Women Voters has actually given up on trying to register new voters. |
Report: Law on credit-reporting fails consumers - BusinessWeek
Report: Law on credit-reporting fails consumers BusinessWeek Americans are virtually powerless to correct damaging mistakes in their credit reports due to loopholes and obstacles in the federal law governing credit-reporting agencies, an Ohio newspaper reported Sunday. The lack of government regulation allows ... |
Anti-Capitalist Obama Administration Targets Debt Collectors - American Thinker
Anti-Capitalist Obama Administration Targets Debt Collectors American Thinker She has sued Accretive Health, a medical debt collector, alleging that the firm violated patient confidentiality under federal HIPAA privacy laws and interfered with emergency treatment under EMTALA. Joining the fray are Senator Al Franken of Minnesota ... |
Failure of credit-reporting agencies to fix mistakes afflicts thousands of ... - Toledo Blade
 Toledo Blade | Failure of credit-reporting agencies to fix mistakes afflicts thousands of ... Toledo Blade The federal law that governs credit reporting is fraught with loopholes and obstacles that make correcting mistakes difficult, if not impossible, the newspaper found. During a year-long investigation, the Dispatch collected and analyzed nearly 30000 ... |
Dispatch investigation | Credit scars - Columbus Dispatch
 Columbus Dispatch | Dispatch investigation | Credit scars Columbus Dispatch The federal law that governs credit reporting is fraught with loopholes and obstacles that make correcting mistakes difficult, if not impossible, the newspaper found. During a yearlong investigation, The Dispatch collected and analyzed nearly 30000 ... |