Smack Debt Consolidation Services

The debt collection industry is an industry that is most complained about to the Federal Trade Commission (FTC). Most of the debt collectors are poorly trained and unaware of the rules set by the Fair Debt Collection Practices Act.

There are some smart debt collectors who are aware about the abusive and illegal debt tactics but continue to do so for several reasons:

A> Most consumers are unaware about debt collection laws
B> It is almost impossible to prove the behavior and hard to prosecute.
C> There is a huge loophole wherein the debt collection agency will simply fold when it gets into hot water with the FTC but will immediately create a new company and identity and use their abusive debt collection tactics all over again.

What are you options with debt collector harassment and intimidating calls?

1. The first thing is to do an adequate amount of reading on the FDCPA and your state laws. Once you get a handle on the laws, send a letter to the debt collector, request a return receipt, telling them you believe that the debt collection laws have been violated.
   
2. You can also tell a debt collector to stop calling you at work and at home.
   
3. You can do what millions do - file a complaint at the ftc.gov website. The FTC does not handle individual cases from small fries like you, however, if they receive enough complaints, they may very well start looking into the issue.
   
4. Also report the matter to your State Attorney General's office. In most cases, they dig further into the matter.
   
5. A neat little trick will be to gather evidence and record phone conversations with the debt collection agency. If you can prove that the debt collector used illegal and abusive practices, you can very well sue for damages under the FDCPA.

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