Ever have the tense, stressful feeling of concern that your personal financial information might be shared with others by debt collectors?
Fortunately for consumers, The Fair Debt Collection Practices Act protects private information from being shared. The FDCPA says “discussions” about the debt can only be held with:
- The Individual
- The Creditor
- An Attorney representing one of the parties
- A Credit Bureau
It is illegal for debt collectors to try to shame you into paying your debt by contacting any other third parties and sharing your private financial information.
- Debt collectors cannot exchange (with other agencies) information about individuals who allegedly owe a debt.
- Cannot distribute a list of alleged debtors to its creditor subscribers.
- Cannot compile a list of debtors for sale to others.
- Cannot leave messages with third parties, asking them to have the debtor call the collector. An exception to this rule allows debt collectors to contact third parties to obtain contact information for a debtor whom the collector does not know how to reach, so long as they do not disclose the reason for the call (collection of a debt).
If you’ve been dealing with debt collectors because of your credit card, student loan, medical or other consumer debt, you are not alone. Call The Law Firm of Mitch Luxenburg’s experienced fair debt collection attorneys toll-free at (877) 846-1209 to find out how we can help you. You can also complete our online form for a free FDCPA case review. The debt collector has to pay your legal fees so you’ll be charged nothing for your case.