Way back in 1977, Congress passed a law known as the fair debt collection practices act. The purpose of this law was to protect consumers from abuse coming from debt collectors. If you’re battling excessive debt and are being harassed by creditors, you should be familiar with this law in order to protect yourself.
If you’re buried in credit card debt or other kinds of debt, you know how stressful life can be without being bullied by a creditor. The worry can keep you up at night, and it can even disrupt your marriage or damage your physical health as well.
Debt collectors are prohibited from calling you at inconvenient times, such as before 8 a.m. or after 9 p.m. unless you give them permission. (And why would you ever give them permission to do so?) They are not allowed to contact you using a false name or to try and force you to accept collect calls. They may not make your debts public or contact you via postcard which would make your personal information vulnerable to the public.
They are also not allowed to threaten any actions (such as lawsuits or wage garnishments) when they don’t intend to do so and don’t have any legal basis for doing so. They certainly cannot threaten to have you arrested, and they are even forbidden from depositing post dated checks prior to the date you specified.
It is important to know your rights when dealing with debt collectors, and you should never feel intimidated. We know that these financial situations can be extremely stressful, but you don’t need to lose your health over them. Never let a collector force you into making a financial commitment that you can’t afford, and never let them destroy your peace of mind.