Now, here are the 5 things.
- Thing number 1: When a debt collector’s seeking to collect money from you, within five days (so their first contact with you), they must send you a validation notice. That’s right so today, day one, they call you. Within 5 days of today, they have to send you a debt collection validation notice that explains to you effectively your debt collection validation rights.
- Number 2: When you are in debt, open the letters from debt collectors. Read these notices, don’t ignore them! Why? Number 1: If you don’t respond to the notice, the debt collector has the right to assume that the debt is valid. Of course, the second reason is, if you actually respond to the notice, you can buy yourself time and space to deal with the debt.
- Number 3: What is the notice? The notices the first communication from the debt collector and It gives you are your rights and the Fair Debt Collection Act to dispute the debt. That’s right, you have a right to dispute the debt and make the debt collector provide validation of the debt to you. The notice has to have the name of the original creditor, the amount of the debt, and the name of the debt collectors that are collecting the debt from you.
- The thing to know number 4 disputes the debt when you get that notice and then gives you the right to dispute within 30 days, dispute it. Now, how do you dispute? There are lots of sample forms online that are complicated. You don’t have to do anything other than taking the letter, get a pen, right across the latter “dispute” just like I’m doing here, and send it back to the debt collector. That’s enough to trigger your dispute validation rights. You can also tell them not to contact you so write, “Dispute, do not contact me”, and the only way they can contact you after that is by mail or of course they can sue you.
- The fifth thing to know is if they don’t provide you validation, they can’t collect. So until they validated the debt, they can’t collect. If they don’t validate, they can’t ask you for money. Now lots of debt collectors screw this up and you may have a fair debt collection case.
Debt Collector Complaints – Sue and Recover Up to $1,000
So the first thing I want to talk to you about today is what are debt collection complaints? What’s a complaint or what is a legitimate debt collection tactics? Well, it’s important for you to know the debt collectors cant threaten you with harm.
- They can’t threaten you with a judgment unless they really have one.
- They can threaten to sue you unless they mean.
- They can’t threaten to call third parties such as your friends and relatives unless they’re looking for you and if they’re already talking to you they’re clearly not looking for you.
- They can’t lie, cheat or steal. They can’t money to the balance that you owe.
In short, they cannot do anything that the Fair Debt Collection Act prohibits. These are legitimate Fair Debt Collection Practices complaints that can be addressed by going to court and filing a lawsuit against the debt collector for up to one thousand dollars