About 'debt collection harrassment'|CFPB Files Amicus Brief in Supreme Court FDCPA Case (and a word on the CFPB's amicus program)
Every day at least one debt collector calls every Americans' home causing stress and unwanted disputes. I have worked in the collection business for a bank for about six months. One thing that I do is try to assist my clients with their financial situation. If they don't have the money then I won't collect from them, while others bash them with threats. Here are ten easy steps to legally stop calls from coming into your home. STEPS: 1. Actually speak to the collections associate 2. Make sure all of your information is updated 3. Ask for the balance and account number 4. Tell the associate that you wish to cease & desist on all calls made to your home, cell phone and work phone (by federal law this gives you 10 days to send in a written formal later) 5. Ask the associate if they are notating the account with a c&d 6. Get the company address from them for correspondence (tell the collector that you will be mailing the C&D letter soon) 7. Write a formal letter with your name, account number and address (The letter should have these words: I demand that you cease and desist from all of your telephonic transitions for my account) 8. Mail the letter (certified) 9. There are ways to pay less than the amount owed regardless of their time frames, just make sure you do not have a judgment on your account; so it is okay to call them anytime to get the status of the account 10. Relax and enjoy a quiet night at dinner |
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