PROTECTION AGAINST CREDITOR HARASSMENT

Bankruptcy Lawyer for Detroit, Ann Arbor, and the Tri-Cities

When you’re overwhelmed by debt, the last thing you need is additional stress. Unfortunately, that doesn’t stop creditors and debt collectors from looking for your pressure points. Harassing telephone calls, threats of legal action, embarrassing calls to family and friends similarly stressful tactics are all too common.

The Law Protects You

If high-pressure debt collectors leave you feeling powerless, you’re not alone. Fortunately, state and federal law protects you from many common debt collection tactics. You may be surprised to learn what debt collectors are and are not allowed to do—and how often their actions are illegal. When creditors and debt collectors cross the line, help is available. In some cases, those violations may even mean money in your pocket.

Know Your Rights

Under federal law, it is illegal for creditors to:

  • Use curses, profanity, or threatening language
  • Call you early in the morning or late at night
  • Call you at work after you have asked them not to
  • Tell you that you owe more or less than you owe
  • Attempt to collect a debt that is not due
  • Talk about your debt or discuss your financial information with unauthorized third parties, including friends, neighbors, employers, and credit references
  • Threaten legal action against you that they are unable to follow through with
  • Threaten to collect more than is due, or to add illegal charges
  • Misrepresent a call as being made by someone other than a debt collector; failing to identify themselves as a creditor

These and other restrictions are laid out under the federal Fair Debt Collections Practices Act (FDCPA) and the Telephone Consumer Protection Act (TCPA). These federal laws are designed to protect consumers from abuse and harassment from debt buyers and third party debt collectors. Additionally, Michigan state law protects consumers. Under state law, you can legally record a call from your creditor. It is important to know your rights, and our team at Moran Law can help you protect them.

2013 Debt Collection Complaints from Consumers

Source: Consumer Response Annual Report, Consumer Financial Protection Bureau – http://files.consumerfinance.gov/f/201403_cfpb_consumer-response-annual-report-complaints.pdf

Leading Bankruptcy Firm Trusted by Tens of Thousands of Clients

Attorney Ryan Moran is recognized as a leading expert in consumer bankruptcy and was voted one of the Top 40 Lawyers Under 40 by the American Society of Legal Advocates. We have years of experience and have helped tens of thousands of clients. When it comes to choosing a firm you trust, Moran Law has a strong reputation as one of Michigan’s leading bankruptcy firms.

Call us today at (248) 246-6536 for a free financial empowerment session with our legal team.