People have a negative way of thinking about debt collectors. They think that they are very dishonest. So don’t be surprised to learn that the debt collectors are violating the rules. Phantom debt collectors are keep on making the violation of the Fair Debt Collection Practices Act. (FDCPA). Most of the time they misrepresent your debt amount but they are not allowed to do so because it is illegal. It is never easy for us to keep a track of all the transactions we do. And this is our week point and the phantom debt collectors take the advantage of our compulsion. So don’t make any payments to them if you have any doubt on them.
1. Make sure its not a phantom debt: The FDCPA gives you the right to inquire your debt collector and make sure that the debt amount is right. You are given 30 days to validate your debt amount. This period starts from the date when the debt collector contacted you for the first time. At the same time the debt collectors are also given 30 days time to prove that the debt amount is correct. If the debt collectors fail prove it, then they wont be able to collect that amount form you.
2. You must stop collection calls: If you are being harassed by the debt collection company then You should send a letter to the debt collection company requesting for not to call you or send any message. However, the collectors might contact you for the final time to inform you the following two things:
a) They won’t contact you anymore. b) They can take legal action against you.
3. Take legal steps against them: Most of the time these debt collectors do illegal things in order to collect debt. So just go ahead and report to the Federal Trade Commission and the Better Business Bureau about their fraudulent. You are allowed to take legal action against such organizations too if they keep on ignoring your request and put your debts on your credit report card.