There are several approved methods for dealing with debt collectors. One method is to set up a payment schedule with the collections agency. Another is to hang up and change your name and phone number.
Scare Tactics OnlY... Just hang up. * Intimidation tactics by creditors/collectors are a direct violation of the FDCPA. Violators should be reported to the justice department of the state attorney general's office in the state where the consumer resides.
In Ohio, the statute of limitations for collecting a debt is typically 6 years for written contracts and 4 years for oral contracts. After this time period has passed, creditors cannot sue you to collect the debt, although they can still attempt to collect it. It's important to be aware of your rights under the Fair Debt Collection Practices Act (FDCPA) to ensure collectors are following legal guidelines.
The Fair Debt Collection Practices Act (FDCPA) protects consumers by setting guidelines for how debt collectors can communicate and behave when attempting to collect debts. It prohibits practices like harassment, false statements, and unfair practices. Consumers have rights under the FDCPA, including the right to request verification of the debt and the right to stop debt collectors from contacting them. It is important for consumers to know their rights under the FDCPA to protect themselves from abusive debt collection practices.
There is a home phone module invented by an attorney that is named DAAN. Once you plug it into your home phone jack; simply answer the calls and push the star* key and hang-up. If you would like more information you can find it here. http://www.creditalliancegroup.net/daan.html Hope this helps. >>>>You may stop all collection calls from debt collectors by informing them that their calls are inconvenient. In fact, you may simply inform them that all telephone calls to any telephone number regarding this debt are inconvenient. A verbal notice may work sometimes, but many debt collectors will continue to call until a written demand is received. For more information, you may find out about your rights under the Fair Debt Collection Practices Act.
I hang up; he hangs up. I hung up; they hung up. I shall/will hang up; you will hang up.
you can hang them up when ever you like but the night to hang them up is April 20 :)
usually its between 8am to 9pm in your time zone but look up the fair debt collcection act and it will live you a list of things collectors can and cant do.
Hang You Up was created in 2011.
Yes telemarketers can hang up. Have you ever wondered when you say who they want isn't there, they hang up.
Yes, however, the company is not likely to do so. Payday loans are generally less than $2,000 so most payday lenders will not go to the trouble to sue someone. However, what they may do is sell the bad debt to a collector and that collector may be willing to come after the debtor as collectors are set up for recovery via the legal system.
Five years is trouble free, at seven years, parts start giving up one after another, and this continue as long as you hang into it.