What are the debt collection laws?

Dec 21, 2009 by Deven R | Posted in Personal Finance

Help. I want to know the laws of debt collection so that I know my rights.

If a collector contacts you about a debt, you may want to talk to them at least once to see if you can resolve the matter – even if you don’t think you owe the debt, can’t repay it immediately, or think that the collector is contacting you by mistake.

Alison G | Dec 21, 2009

If a collector contacts you about a debt, you may want to talk to them at least once to see if you can resolve the matter – even if you don’t think you owe the debt, can’t repay it immediately, or think that the collector is contacting you by mistake.
Alison G | Dec 21, 2009

What is a good website to find out about debt collection laws?

Apr 29, 2010 by karen s | Posted in Personal Finance

My sister has credit card debt and they got a judgment. She has a 401k she is concerned about them taking. She's in South Dakota and I'm having trouble finding solid info on the internet about the laws in that state. Can someone lead me to a good website

I have never heard of any state that would allow a judgement to take retirement money.

Here's some websites I found:

Vic J | Apr 29, 2010

Sued for Debt--Why Your Chance to Win Is So Good When Debt Collectors Sue You

What to do if you're sued for debt and why you are likely to win if you do it. For information that will radically change what the debt ...

Debt collector Asset Acceptance settles FTC charges it flouted rules

18.05.12

One of the nation's biggest debt collectors has agreed to pay $2.5 million to settle Federal Trade Commission allegations that the company tried to trick people into paying old debts -- part of a crackdown by regulators triggered by a growing number of consumer complaints.

Nationwide complaints about debt collectors -- ranging from being harassed by repeated calls and abusive language to threats of violence -- surged 29 percent last year to 180,928, according to the agency's preliminary figures.

That follows an increase of 17 percent in 2010, when, as in other recent years, complaints about debt collection practices exceeded every category of complaint except for identity theft.

Source: Pittsburgh Post Gazette

debt collection laws - Bookshelf


Consumer debt recovery law
160 pages 		Consumer debt recovery law

Creator: Bruce Kercher, Richard Brading, Betty Weule | Law - 2002-02-01
This book examines the law and practice of debt recovery from consumers in Australia.
Nolo's Encyclopedia of Everyday Law, Answers to Your Most Frequently Asked Legal Questions
494 pages 		Nolo's Encyclopedia of Everyday Law, Answers to Your Most Frequently Asked Legal Questions

Creator: Shae Irving | Law - 2011-01-05
Debt Collections Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many collectors ignore the rules. In addition, creditors and debt collectors have powerful collection tools once ...
Publisher: NOLO
Fair debt collection
1134 pages 		Fair debt collection

Creator: Robert J. Hobbs, Carolyn L. Carter | Business & Economics - 2008-08
1.3 Specializing in Fair Debt Collection Law There has been a dramatic growth of lawyers with a practice focusing on representing consumers with claims of debt collection abuses. In early 2008, the National Association of Consumer ...
Publisher: Natl Consumer Law Center

Debt collection rules tighten | Financeation

by admin

By Russell Grantham

The Atlanta Journal-Constitution

Last month, Hattie McKinney sued a collection agency that she said had been calling her Powder Springs home for nearly a year over a $300-plus cellphone bill that she disputes.

“They kept calling me and calling me, about 20 times a day,” said McKinney. “It kept me a nervous wreck.”

Finally, the 69-year-old woman sued the Minnesota-based agency, alleging violations of a federal law that bars collection companies from using harassing calls and other bare-knuckled dunning practices.

...

Read more...

debt collection laws - News


Debt collection rules tighten
Atlanta Journal Constitution - May 04, 2011
While the federal Fair Debt Collection law isn't intended to block firms from collecting legitimate debts, it does aim to stop abusive practices, such as using harassment, lies or intimidation to bully people into paying. This summer, debt collectors

Hollywood Video agrees to end unfair debt collections in 50-state settlement
Plain Dealer - May 05, 2011
The trustee will have to comply with debt collection laws. The trustee also will review consumer challenges to demands for payment. The settlement affects approximately 3.3 million consumers in all 50 states and District of Columbia, including 113114

Jayaram Law Group Obtains 100% Recovery on Behalf of a Legal Services ...
PR-USA.net (press release) - May 05, 2011
The Jayaram Law Group (JLG), a business law firm in Chicago with a focus on business-to-business debt collection, recently obtained full recovery of a debt owed to a client, a legal services corporation, by a mid-sized Chicago-based law firm.

Winsett: How to handle debt collectors, real or fake
Chattanooga Times Free Press - May 06, 2011
Get documentation to help determine if the callers are actually identity thieves or if a debt is owed. By law, a debt collection agency must provide a validation notice within five days of contacting you about the debt. David Tulis 5/5/11 Within 30

Response from the mayor
Sowetan - May 05, 2011
Response from the mayor Should they not respond to the notice by making a payment arrangement or applying for indigency, then the matter is handed to attorneys to commence with debt collection in terms of the law. The legal firm issues a summons which is delivered by the

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