subject: What Legal Collection Practices Are [print this page] In todays economy its possible to slip two or even three months behind on a debt, without meaning to. When the debt collector begins calling you should know your rights, and what collection practices he must adhere to. CreditNowUSA.com is here to help you understand where the legal lines are drawn on debt collections.
All creditors must abide by the Fair Debt Collection Practices Act which is enforced by the Federal Trade Commission. The Act protects consumers only, and does not apply towards business debts. If you are late with credit cards, auto loans, bills or your mortgage you have protection against harassment and other forms of illegal actions from the debt collectors, even if they are from a collection agency or state they are a law firm.
A debt collector can only contact you during reasonable hours, which are normally 8:00 AM and 9:00 PM. If you fear they may call you at work you can send them a letter or tell them verbally that you are not allowed to receive calls there. They must abide by this.
Debt collectors can call third-party people to determine a phone number or address for you, but they may not give any information to the third party about your debt or other finances. They can only contact a third party one time. If you inform the creditor that you have a lawyer then they can only contact you through the lawyer.
If, after taking over your debt with the creditor, you send them a letter informing them that you do not desire any further contact they are obligated to honor your desire. However, if they feel that there is no other way to collect the debt they still have the option of filing legal action to do so. When this happens your options become more limited.
Overcome your problems today with CreditNowUSA.com before they become a milestone around your neck, dragging you constantly downward. Contact us now for consultation and see just how easy it can be to find relief from a debt collector.
For more information, go to Collection Practices at http://www.creditnowusa.com/Collection-Practices
