FDCPA

Debt Collection of Old Debts

Debt collectors are strictly regulated under the Fair Debt Collection Practices Act, which protects consumers against unfair, deceptive, and abusive debt collection.

Consumers frequently complain about debt collectors trying to collect on old debts. In fact, debt buyer Asset Acceptance paid $2.5 million dollars to settle a FTC lawsuit, which alleged that Asset Acceptance failed to tell consumers that certain debts were too old to be legally enforceable.

The FTC released a guide to help consumers understand old debts, here are some key things to know.

Debt Collection Calls at Work

Debt collectors are strictly regulated in how they collect debts from consumers. One common consumer complaint is that debt collectors are calling a consumer at their workplace, harassing a consumer and/or co-workers, or revealing the debt to co-workers.

If debt collectors have contacted someone else about your debt, here is what you need to know about your rights under the Fair Debt Collection Practices Act (FDCPA).

Debt Collectors Calling Family and Friends?

Debt collectors are strictly regulated in how they collect debts from consumers.

One common consumer complaint is that a debt collector is contacting a consumer’s place of work, family, or friends, in an attempt to collect a debt. In fact, there is an entire section of the Fair Debt Collection Practices Act (FDCPA) that regulates debt collection calls to third parties.

On top of that, the Telephone Consumer Protection Act (TCPA) prohibits debt collectors from making unauthorized robocalls to calling you or your family and friends.

If a debt collector reveals your debt to a family member or friend, or if they call your family and friends repeatedly, you should contact a consumer rights attorney immediately, as you may have a claim under the FDCPA.

Randall Ryder Discusses Consumers Rights with Minnesota Consumers

Randall Ryder met with Minnesota residents to discuss consumer rights against debt collectors. As part of a program offered by the Washington County Law Library, Randall met with consumers at a Washington County Library branch to discuss consumer debt relief.

Randall discussed consumer rights against debt collectors and answered questions on the Fair Debt Collection Practices Act, how to find the appropriate debt collection resources, and when to contact a consumer rights lawyer.

By all accounts, the presentation was well received and attendees were thankful to learn about their rights under the Fair Debt Collection Practices Act.

Randall Ryder Talks Consumer Rights to Nationwide Audience

In a down economy, many individuals turn to public resources like libraries for information and guidance.

In Minnesota public librarians, non-profits, and consumer rights attorneys are working together to provide the general public with the resources they need.

Because of the success of the efforts here in Minnesota, Randall Ryder was one of several panelists who presented to an audience of nationwide librarians. The presentation was directed at how the current economy is affecting the public and how librarians can assist the public in finding the resources they need.

Randall spoke at length on how the debt collection industry effects consumers in the current economic client. Specifically, Randall provided an overview of the Fair Debt Collection Practices Act (FDCPA) and how consumers can protect themselves from abusive, unfair, and deceptive debt collectors.

The audience was directed to a number of resources to help individuals understand the FDCPA and seek legal assistance from a variety of sources if necessary. Randall also discussed the prevalence of debt collection lawsuits, the evidentiary issues involved, and how consumers can access resources to defend against debt collection lawsuits.

(photo:http://www.flickr.com/photos/bisgovuk/3919446619/)

Debt Collectors Complain of Harassment

Are you tired of being harassed by consumers? According to recent article in the New York Times, debt collectors are tired of consumers mistreating them. You read that right.

The Fair Debt Collection Practices Act (FDCPA) protects consumers from abusive, unfair, and deceptive debt collectors, not vice-versa.

If the debt collectors have it their way, collectors may get their own bill of rights, against consumers.

FDCPA

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