As the economy continues to dwindle and many find themselves strapped for cash, it is likely that numerous people statewide are receiving unwanted calls from credit card companies regarding unpaid balances. Experienced Michigan criminal defense lawyers know that this is certainly an unpleasant experience for anyone to go through, especially as failing to pay owed debts will bring negative consequences upon a person. Therefore, it is important to keep your rights in mind while interacting with creditors so that the experience is as painless as possible.
Under the Federal Fair Debt Collection Practices Act:
- A debt collector is prohibited from contacting you at work.
- If you’re represented by an attorney, creditors must communicate with your through your legal counsel. If your lawyer does not respond however, then they may contact you directly.
- Credit card companies are also not allowed to contact any third party regarding your debts.
- Creditors are prohibited by law from harassing, oppressing, or abusing any consumer in the pursuit of unpaid debts. Additionally, they are not allowed to use any obscene or profane language when dealing with customers.
- It is illegal to publish a list of consumers who supposedly refuse to pay.
- Debt collectors are only allowed to contact you during “convenient” times of day, generally considered to be between 8 a.m. and 9 p.m.
- Lastly, should you notify the creditors that you refuse to pay or wish to stop communication, creditors must not engage in any further contact with you.
Keeping these simple, but important tips in mind can help any one struggling with credit card debt. Because of the extremely negative consequences that can come from excessive debts, it is important to be firm with creditors–do not give any unnecessary information or be embarrassed about your financial position. Hard-working Michigan criminal defense attorneys would recommend that honesty is the best policy, as getting everything out in the open is not only liberating, but can help sort any problems out. For answers to questions raised by communication with creditors, it is vital to seek legal counsel right away. Doing so can make sure that these minor potholes do not become major roadblocks on the way to your future.