What do you do when a debt collector says you owe $10,000 but the documentation shows you owe less? You tell them that they are violating the law. Yes, it is true. The Fair Debt Collection Practices Act and the…
Posts Tagged With: Rosenthal Fair Debt Collection Practices Act
California Debt Blog: A debt collector may not call you at work – usually
A debt collector will generally call you at home. Why? Because that is the number that was listed when you opened the account. But, sometimes, if you are really unlucky, they will call you at work. Are they allowed to…
California Debt Blog: Debt Collectors Fail To Validate Debts
So lets say you are sitting at home one day and you check your mail. You have a letter from ABC Collection Agency. ABC says that you owe them $2,500 and that you need to send them a check. You…
California Debt Blog: I co-signed for a loan. What is my liability?
Question: I co-signed for a friend for a loan. She stopped making payments. I am now getting calls from the creditor. Am I responsible? A: Yes, you are responsible. The creditor can sue you for the full amount of the…
California Debt Blog: Why you should demand validation of a debt
Whenever you are contacted by a debt collector, the initial letter from the debt collector will state that you have the right to request validation of the debt within 30 days. Even a debt collector like Persolve, Midland Funding, CACH,…
California Debt Blog: Collecting on a debt past the statute of limitations
I have talked about debt collectors collecting on a debt past the statute of limitations before. But, it is time to update this as it continues to happen! The statute of limitations states a certain amount of time for a…
California Debt Blog: FAQ: My debt has been “charged off.” Do I still owe the debt?
Question: My debt has been charged off on my credit report. I read that I do not owe the debt once it is charged off. Do I still owe the debt? A: YES. Is that clear enough? You still owe…
California Debt Blog: Phony payday debt collectors are back
So it looks like the phony payday debt collectors are back. Don’t confuse debt collectors with these folks. I may not like debt collectors, but even the worst US debt collectors don’t do stuff like these people. Collectors like Persolve…
California Debt Blog: FAQ: Can my wages be garnished and what do I do if a debt collector violates the law?
More from the last two weeks on what a debt collector cannot do. This is based on the federal Fair Debt Collection Practices Act (FDCPA) and the California Rosenthal Act (also called the Rosenthal FDCPA). You may have seen these…
California Debt Blog: FAQs on the Fair Debt Collection Practices Act
I get a lot of questions about the Fair Debt Collection Practices Act. People are confused about what it means and what rights they have. This is important to know when you are contacted by a debt collector such as…