Page 26 - Book1E

18
Common Questions about Debt Collection
According to the Federal Trade Commission (FTC), you should know that the Fair Debt Collection Practices Act requires that debt collectors treat you fairly and prohibits certain methods of debt collection. The law does not, however, erase any legitimate debt you owe. The follow- ing information, made available by the FTC (www.ftc.gov), answers commonly asked questions about your rights under the Fair Debt Collection Practices Act.
What debts are covered under the Act?
Personal, family, and household debts are covered under the Act. This includes money owed for the purchase of an automobile, for medical care, or for charge accounts.
Who is a debt collector?
A debt collector is any person who regularly collects debts owed to others. This includes attorneys who collect debts on a regular basis.
How may a debt collector contact you?
A collector may contact you in person, by mail, telephone, telegram, or fax. However, a debt collector may not contact you at inconvenient times or places, such as before 8 a.m. or after 9 p.m., unless you agree. A debt collector also may not contact you at work if the collector knows that your employer disapproves of such contacts.
Can you stop a debt collector from contacting you?
You can stop a debt collector from contacting you by writing a letter to the collector telling him to stop. Once the collector receives your letter,
Debt Collectors and Fair Practices