Did you borrow from a traditional banking institution or a money lender for your upcoming expenses? If you did, you must return the premium with appropriate interest. No one likes receiving debt collection calls from agencies pursuing payment. But did you know you have certain rights as a debtor, and no one is permitted to violate them? Though placing debt collection calls is legal, the following actions are considered a violation of the FDCPA. Let’s check them out:

• Once you have asked the collection agencies not to give you a call during your work hours, they are prohibited from doing the same. But when they keep on calling, we usually block their numbers. However, you can file a claim and make them pay you if you report these events. They aren’t allowed to call at any time before 8 am and after 9 pm.
• There are numerous instances when debt collectors misrepresent their identity and place calls multiple times daily. This often confuses us into believing they are separate persons. They are prohibited from calling more than once a day, five times a week, and twenty times a month.
• If a debt collection agency cannot reach out to you, it will try to contact your family, friends, or co-workers to get your attention. However, this is strictly prohibited.
• The last thing a defaulter wants is to get arrested for outstanding debt. Debt collection agencies take advantage of this weakness. They might assume the identities of a law enforcement agency or a government body threatening to place us behind bars and press criminal charges against us if we fail to repay them. This prohibited act can lead to legal repercussions if the same is pursued.
• Debt collection agencies often exaggerate the amount. Doing this is strictly illegal. If you ever receive such a call and believe the amount is exaggerated, confirm the actual debt by requesting proof of debt.
• Lastly, debt collection agencies aren’t permitted to use verbally abusive language while trying to collect money.

Conclusion

If you find it challenging to meet your dues, then filing for bankruptcy can be the best way out. In this way, you can be relieved from your financial dues. The process of filing for bankruptcy is easier said than done. To take an informed step forward, you can seek the assistance of bankruptcy lawyers california.