Last week in New York, a court upheld misconduct charges against a debt collection firm for its unethical practices. The main practice at issue was continuing to pursue payment from debtors who the firm knew had already satisfied their debts. Additionally, there were cases where the firm knew they were pursing the wrong debtor but continued collection activities. Although these practices are not expressly in violation of the FDCPA, the court still found them to be unethical and wrongful.
People that are being contacted by debt collectors have many rights that many of them do not know about. In order to ensure that their rights are not being violated and that they are being treated fairly during the collection process, debtors should contact a qualified debt settlement attorney. A debt settlement attorney advise them of their rights and options, cnegotiate a reasonable settlement, if appropriate, defend a lawsuit, and make sure that debtor’s rights are not being violated moving forward.
Latest posts by Kevin Fallon McCarthy (see all)
- Public Servants’ Second Chance at Federal Student Loan Forgiveness - April 10, 2018
- CREDIT CARD LOSS FOR SMALL BANKS AT AN EIGHT YEAR HIGH - March 22, 2018
- Rise of the Jumbo Student Loans - March 17, 2018
- Credit Card Market: Now and Then - February 23, 2018
- Make Your Credit Cards Work for You - January 23, 2018