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Knowing Your Rights Can Help You With Debt Recovery Solutions

June 30, 2012 | Comments: 0 | Views: 131

Being called at all hours by debt collectors is a very difficult position to be in. This kind of harassment makes it hard to think clearly and come up with debt recovery solutions.

Knowing your rights as defined by the FDCPA "Federal Debt Collection Practices Act" can be a life saver and stop the collection agencies in their tracks. Giving you the time and space you need to come up with debt recovery solutions and clear up your money problems.

The FDCPA gives you the ammunition you need to start fighting back and can be the basis to taking the agencies to court and have them paying you for breaking the rules of the act.

The information laid out here is not a way for you to escape the problem if it is yours, but a way to help you find debt recovery solutions for your situation. This can help your credit score and make your life easier without the constant harassment.


Although there are many rules covering this area, I will arm you with three:

1. Do you know that collection agencies cannot send information concerning you to any third party that has any language or symbol on any envelope or communication indicating a collection business?

Here is the rule:

§ 1692 b(5) Contact of Third Party: Any language or symbol on any envelope or communication indicating debt collection business

2. Collection services cannot call or meet you at unusual times or places which are inconvenient to you.

The FDCPA defines it as this:

§ 1692 c(a)(1) At any unusual time, unusual place, or unusual time or place known to be inconvenient to the consumer, before 8:00 am or after 9:00 pm

This means that they are not allowed to follow you, they cannot wait outside your place of work, in the supermarket etc. They are not allowed to embarrass you in any way concerning a debt.

3. They cannot say and are not allowed to have documents that look like legal documents or proclaim they are part of the legal process when they are not.

The FDCPA defines it as this:

§ 1692 e(13) Documents are legal process when they are not

It is not unheard of for collectors and collection agencies to stretch the truth. When dealing with collection agencies always have them contact you by mail. You will then have written confirmation of anything agreed to, which can be used in a court of law in your defense if needed.

Do not contact collection agencies by phone, you will not find this helpful to you in any way. You will also leave yourself open to deception by the agencies as you cannot verify what was said on a phone call if debt recovery solutions were discussed.

There are many more rules within the act which are there to protect your rights. These rights can be used to help you to come up with debt recovery solutions to ease your situation. There are always better alternatives to fixing arrear problems.

John Emmanuel is the author of "The Better Credit Guide." This report offers information on how you can stop debt collection agencies from calling and harassing you. It offers solutions to raising your credit score and cleaning your credit report. You can get more information at

Source: EzineArticles
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