If you are getting constant calls from debt collectors because you are behind on payments to your creditors, you may wish to explore your bankruptcy options. Be aware that you have rights, even with regard to how debts are collected against you. The following is information from the Federal Trade Commission website which explains some of the laws that regulate debt collection. Remember, you have more rights than you may be aware of – if you are delinquent on one or more of your debts, the bankruptcy attorneys at the Bankruptcy Law Center can provide valuable information to you that most likely can save you thousands of dollars and hours of stress.
If you’re behind in paying your bills, or a creditor’s records mistakenly make it appear that you are, a debt collector may be contacting you.
The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the Fair Debt Collection Practices Act (FDCPA), which prohibits debt collectors from using abusive, unfair, or deceptive practices to collect from you.
Under the FDCPA, 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.
Here are some questions about your rights under the Act: