due debtsAre you bothered by creditors who constantly remind you of your past due debts? Would you like to be free from stressful contacts with your creditors? Are you aware of your rights as a borrower? This article focuses on the consumer rights included in the Fair Debt Collection Practices Act. Hopefully, by the end of this article, you’ll be able to take the proper action against creditors who may be violating your rights as a borrower.

Stop Your Creditors

Can you really stop your creditors from collecting the debts you owe? According to the Federal Law, you can stop a creditor from making further attempts to contact you about your debts. How is this done? Send a letter to your creditor or the collection agency advising them to stop contacting you about your debts. However, take note that this doesn’t change the fact that you have unpaid debts to pay.

You are under the obligation to pay back what you owe, and although a creditor may have stopped contacting you after you sent your letter, a creditor can still take legal action against you if you fail to make your payments. Yes, you can be sued if you ignore your responsibility to your lender.

Limitations of Your Creditors

Are you being represented by an attorney? If yes, then collection agencies should be directly contacting you about your debts. Instead, the debt agency should be collecting your debts through your lawyer. If your creditor continues to contact you despite your advice to contact your lawyer, you can report it to the Federal Trade Commission.

Continue Reading: What are My Rights When in Debt