Virgin Islands Agreement and Assignment of Judgment for Collection to Collection Agency

State:
Multi-State
Control #:
US-02705BG
Format:
Word; 
Rich Text
Instant download

Description

The Fair Debt Collection Practices Act (FDCPA) prohibits harassment or abuse in collecting a debt such as threatening violence, use of obscene or profane language, publishing lists of debtors who refuse to pay debts, or even harassing a debtor by repeatedly calling the debtor on the phone. Also, certain false or misleading representations are forbidden, such as representing that the debt collector is associated with the state or federal government, stating that the debtor will go to jail if he does not pay the debt. This Act also sets out strict rules regarding communicating with the debtor.
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FAQ

Regulation F prohibits a debt collector from suing or threatening to sue to collect a time-barred debt.

Collection agencies are hired by different businesses or money lenders. They work to collect payment on overdue bills and loans. Often these collection agencies will not walk away from an account regardless of how little you owe.

Original Account-Level Documentation reflecting a purchase, payment, or other actual use of the account by the Consumer. Original Account-Level Documentation Definition lawinsider.com ? dictionary ? original-accou... lawinsider.com ? dictionary ? original-accou...

Ignoring or avoiding a debt collector, though, is unlikely to make the debt collector stop contacting you. They may find other ways to contact you, including filing a lawsuit. While being contacted by a debt collector might feel overwhelming, talking with them can help you get more information about the debt.

Information. A provision of the Act states that a person or organization indebted to the United States, against whom a judgment lien has been filed, is ineligible to receive a government grant, including disaster loans. Noncompliance, depending on severity and frequency, may be punished by fine or even incarceration. Federal Debt Collection Procedures Act of 1990 - Wikipedia wikipedia.org ? wiki ? Federal_Debt_Collectio... wikipedia.org ? wiki ? Federal_Debt_Collectio...

Generally, debt collectors can't call you at an unusual time or place, or at a time or place they know is inconvenient to you. They are generally prohibited from contacting you before 8 a.m. or after 9 p.m.

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Virgin Islands Agreement and Assignment of Judgment for Collection to Collection Agency