The Fair Debt Collection Practices Act (FDCPA) requires debt collectors to act fairly and in a respectful manner when trying to collect from debtors. Although this piece of federal legislation protects borrowers, many people don’t completely understand it. It’s important to know as much as possible about the FDCPA so…
Category: Debt Collection Harassment and Abuse (FDCPA)
You have received countless “spoofed” calls from telemarketers, scams and outright criminals who fake their phone number as being a local number so you pick it up. I have received countless calls from scam calls. Everyone has. While different sources vary on the amount, today anywhere from about a third…
There is a bit of a misunderstanding about an issue of the law that we have to fight over frequently, something which is at times misunderstood by the lawyers for debt collectors and creditors but also misunderstood by Courts. Of course, more often than misunderstanding it, lawyers for debt collectors…
Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer that can assist you in…
Learning that a debt collector has filed a lawsuit against you is a scary thing. The fact is, though, under the Fair Debt Collection Practices Act (FDCPA), a debt collector has every right to file a lawsuit in an attempt to recover the debt. When they do, you may not…
The Federal Trade Commission (FTC) has recently released its annual report about debt collection complaints made by consumers. The number of complaints in 2018 was down to 84,500 from the 88,000 the agency fielded in 2017. The report states that it collected $58.9 million in judgments for consumers last year…
The Fair Debt Collection Practices Act (FDCPA) may get a slight tweaking if a new law comes in that would allow creditors and debt collectors to text and email customers about their debt. The proposed change has consumer advocacy groups worried that it will limit the protections consumers have right…
When a person doesn’t pay their debts, creditors often take action. A utility company may cut off the power to a delinquent borrower’s home, or a mobile phone company may disconnect someone’s data. There are situations, though, when it seems impossible to take something away from a borrower, such as…
The Federal Trade Commission (FTC) recently released a report showing that Florida still sees the most scams of all states. Unlike in the past though, these scams are largely targeting millennials, not the seniors who have been in scammer’s sights over recent years. Throughout the country, the most popular scams…
