If you are receiving harassing debt collection calls then you might want to talk to an attorney about your options. Debt collection harassment suits are increasing and you may have a claim.
I. You may have a claim under the Fair Debt Collection Practices Act.
A Texas man has been awarded a substantial amount of money by a jury after being harassed by debt collectors. The Texas man won $1.5 million in punitive damages. In the Texas case, the debt collectors left abusive voice mail messages on the man’s telephone answering machine. The voice messages were very costly to the debt collector. It was not a good decision on their part. Apparently, these debt collectors did not know about the Fair Debt Collection Practices Act.
All debt collectors need to comply with the Fair Debt Collection Practices Act. The Act prohibits debt collectors from using abusive, unfair, or deceptive practices to collect money from individuals. It typically does not apply to business loans. With the worsening economy it is likely that more cases like this will occur.
Under the Act, a debt collector is someone who regularly collects debts owed to others. This includes collection agencies, lawyers who collect debts on a regular basis and companies that buy delinquent debts and then try to collect them from you. The Act covers personal, family, and household debts, including money you owe on a personal credit card account, an auto loan, consumer debts, a medical bill, and your mortgage. The Fair Debt Collection Practices Act doesn’t cover debts you incurred to run a business.
Here is a web site on the Act:
II. Stop the creditors by hiring an attorney to do debt negotiation or file bankruptcy
If you want to stop debt collectors from contacting you then you may want to contact an attorney about filing for bankruptcy or debt negotiation. Creditors are not permitted to contact you once you file a bankruptcy or hire an attorney to do debt negation.
A bankruptcy will usually discharge your unsecured debt. Debt negotiation is a process where typically, a law firm, develops a plan to manage your debt resolution with your creditors. Some companies including Legal Helpers have started practicing in the area of Fair Debt Collection. Their firm includes debt settlement and bankruptcy.
Here is their information:
Legal Helpers Debt Resolution, LLC Macey, Aleman, Hyslip, & Searns, Debt Negotiation & Bankruptcy Attorneys, Mark Anderson, Partner, 151 Thomas Street, Hamilton, Montana 59840, Phone: 1-(877)-216-2066, Fax: 1-(877)-277-216-2088 firstname.lastname@example.org, website: www. Legalhelpers.com
With the economy getting worse and job creation at minimum, it is likely that these types of suits will increase. If you have been harassed by debt collector would like to resolve your debt, then it is probably a good idea to consult a bankruptcy attorney or debt resolution attorney.