U.K.’s Office of Fair Trading now officially prohibits debt collectors from contacting borrowers’ friends, followers or other contacts via Facebook, Twitter or any other social networking site.
Entries Tagged as 'Debt Collection'
U.K.’s OFT Stops Debt Collectors from Contacting Facebook, Twitter Contacts
October 19th, 2011 · No Comments · Debt Collection
Tags: debt·Debt Collection·debt collectors·facebook·Office of Fair Trade·OFT·social networking·Twitter·U.K.·U.S.
Should I Pay a Debt Not On My Credit Report?
August 30th, 2011 · No Comments · Debt Collection, Debt Settlement
Q. I have a debt collector that has called about 3x the last 3 months and in the message the agent states that a formal verification of employment will be processed and it’s imperative that he talks to me or my legal representation. I pulled all 3 credit reports and I don’t see this debt [...]
Tags: credit report·Debt Collection·Debt Settlement·lawsuit guide·settlement agreement·third party collector
How Should I Respond to Aggressive Collector?
July 26th, 2011 · 2 Comments · Debt Collection
Q. Yesterday a collection agency left a vague message on my brother’s home phone. Then when I arrived at work today a coworker informed me that a guy from CPC (Central Portfolio Control) had called my job last night leaving their number and a message to call back asap. Minutes later, while in a meeting [...]
Tags: bank of america·Cease and Desist Letter·Debt collector·Debt Validation·Fair Debt Collection Practices Act
How the FTC Protects Consumers From Debt Collection Violations [RESOURCE]
April 14th, 2011 · No Comments · Debt Collection
How does the FTC protect consumers from debt collection violations? The answers are outlined in the FTC’s 33rd annual report on the Fair Debt Collection Practices Act (FDCPA) – a long report that I’ve broken down into three blog posts.
Tags: CFPB·Consumer Financial Protection Bureau·debt·Debt Collection·debt collection violations·Fair Debt Collection Practices Act·FDCPA·Federal Trade Commission·FTC
