Creditors must follow certain federal and state laws regarding debt collection practices. If they violate the FDCPA, they are also subject to federal fines and penalties. Consumers are fighting illegal debt collection practices committed by creditors who violate the Fair Debt Collection Practices Act (FDCPA) and state debt collection laws againstthem byfiling lawsuits against companies that do not comply with the laws. Consumers canalso file a consumer complaint with the Federal Trade Commission (FTC), which regulates the practices of debt collection companies. The commission does not handle lawsuits so you would have to hire an attorney if you decide you want to sue your creditor. To find out if your creditor has violated any debt collection laws, you should consult with a debt settlement attorney who can advise you of your rights. Under the FDCPA, a creditor cannot do the following:
It is recommended that you contact a debt settlement attorney if you believe your creditor has violated the FDCPA laws or if you have been sued by a creditor. The attorney can represent and defend you in a lawsuit and explain all your legal options.