Tag Archives: Debtor’s legal rights
Debtor’s Legal Rights Consumers are protected from abuse by credit reporting agencies, debt collectors, predatory lenders and others who prey upon the gullible and weak by a variety of laws. Some of these laws are more well known than others. Federal Laws usually supersede State Laws when there is a conflict. State Laws sometimes provide
Debtors Suing Debt Collectors Successfully Under FDCPA Debtors suing debt collectors. Is this a man bites dog story? More and more debtors are taking advantage of their rights under the Fair Debt Collection Practices Act of 1977 and going after the collectors. The hunter is becoming the hunted! The mouse is chasing the cat.
Debt Collectors Now Face Federal Oversight Check with your local State Department of Business Regulations to see if the debt collector is registered as legally required. Many debt collectors forget to renew their registration. If their registration has lapsed they have no legal standing to report or verify any debt. January 2, 2013 marked the
Suing Debt Collectors: A Primer on Fighting Back Check the Secretary of State’s office to make sure their corporation is current with its annual reports. Then check the State Department of Business Regulation to see if they are current with their registration as debt collectors. You would be amazed at how many deletions I
Debt Collector‘s Limits Debt collectors are enjoying unprecedented prosperity as Americans struggle with the weight of average credit card debt of $8,400.00 and underwater homes. Always make debt collectors prove their authority to collect by producing the original contract. Check with your Secretary of State and Department of Business Regulations to make sure their corporate