Complaints against debt collectors are at an all time high, reports the Minneapolis/St. Paul Star Tribune - people are fighting back, and winning.
In August, a Wayata, MN based debt collector was ordered out of business.
The debt collector allegedly threatened, "I will come to your home and get the money out of you" and "hunt you down like a dog if you don't send me money now." The debt collector also threatened to contact every financial institution the debtor did business with and have the debtor's professional license taken away (which the debt collector cannot do).
The debt collector may also face fines over $60,000.
See the full article at: http://www.startribune.com/business/101127654.html?page=1&c=y
Many people today face similar situations in which debt collectors use illegal practices to extract money for a debt owed. Often desperate, people on the receiving end of threats, like the one above, suffer mentally and physically.
The FDCPA - the Fair Debt Collection Practices Act - provides avenues through which people can fight back. This federal law sets the rules that debt collectors must follow when they attempt to collect a consumer debt. Unfortunately, debt collectors - again and again - knowingly violate this law. Why? The answer is money; the collection industry is a profitable one. Some debt collectors bank on a person being unaware of their rights under the FDCPA. Others know some people are unable to fight back themselves.
The attorneys at JohnstonMartineau, P.L.L.P. do fight back against debt collectors who break the law.
See http://http://www.anyinjuryanytime.com/FDCPA-Home/
We can help if you are being harassed by a debt collector.
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