Early this year, one of the largest lawsuits ever against an abusive debt collection agencies was won. A total of 10 million dollars was awarded in the case. The debt collector told her that her house was in jeopardy because of the debt owed- a total lie. It is extremely illegal under the Fair Debt Collection Practices Act to make any threats against the debtor. And to top this all off, the debt was not even the defendants, she was in fake debt free.
Unfortunately, millions of Americans are annually called on debts that are not even theirs. The debt collection agencies buy your debt for pennies on the dollar putting all their profit on the recovery process. If you think that the debt they are claiming is yours is a result of mistaken identity, you may want to first check all credit reports. You can go to annualcreditreport.com for your free annual report look up from all three major credit bureaus- TransUnion, Experian, Equifax.
If it is a debt error, dispute this with the debt collection agency, creditor and even the credit bureaus immediately. You may need to send a letter to all . If the calls don’t stop, call a lawyer to help. Call Francis and Mailman to get help on your side.
|Address||P.O. Box 390306|
|Address||918 Jericho Turnpike|
|Address||395 North Service Road #410|