My Super Legal
Home  |  About  |  Articles  |  Reports  |  Links  |  Site Map    
Welcome to My Super Legal!
Insurance Articles
•
•
•
•

Home
:: About Us
:: Contact Us
:: Article
:: Reports
:: Links
:: Site Map

Related Links

Narrowboat Insurance

Speed Boat Insurance

Car Warranty

Loading Bay Equipment

Ppi Reclaim
Legal Debt Collection Tricks
By Steve Austin


If a customer owes your local business money, it`s hard not to feel angry, like you want to do anything possible to get your money back. But the days of going all out to collect on a debt over.

The Fair Debt Collection Practices Act, designed to protect consumers from harassment or intimidation, sets firm limits on what you can do to collect a debt from a consumer. The federal debt collections law even prohibits practices that were once standard, and that you might not consider harassment at all.

Besides, as a local business, you have an even more powerful reason to be especially careful about legal debt collection issues. You have something much more valuable at stake than a lawsuit: your business`s reputation in the community.

Legal Debt Collection Best Practices:

There are plenty of articles on the web that lay out in plain English what the Fair Debt Collections Practices Act says you can and cannot do. Just to give you some idea of the law`s requirements, here are some of the biggest:

- No telling any third party about the debt (except collection bureaus, collection agencies, or the debtor`s attorney).

- No calling on the telephone 9 pm - 8 am, or calling repeatedly in a way that is annoying.

- No postcards or envelopes that mention the debt.

- No threats to take actions you cannot or will not really take, such as seizing property, in the case of an unsecured debt.

- No misrepresenting yourself (e.g., "Hi! This is the Publisher`s Clearinghouse Sweepstakes. May I speak to John?").

- No paying down the debt with payments the customer has directed be applied to other debts

Tips and Tricks for Legal Debt Collections:

With all these limits on what you can do to collect a debt, what can you do legally?

- Speak with the debtor personally on the telephone

For more information about this article and/or the author visit http://www.debt-collection-laws.com/

For more information, news and articles see:

Hgv Courier Insurance - Hgv Courier Insurance
...ould normally purchase for a delivery business. So there are now insurers who specialise specifically in more complex insurance policys, they are experts in business insurance; therefore they will be ...
Visit Hgv Courier Insurance...

Ppi Claims - Ppi Claims
...payment protection insurance on your loan. The representative from the bank seemed to bamboozle you with facts and figures and to be honest; you didn`t quite understand what was going on. You just w...
Visit Ppi Claims...

Loading Bay Equipment - Loading Bay Equipment
...Bay Equipment for our clients. With this equipment, you are able to load and unload all your merchandise with great ease and efficiency. We provide high quality equipment which is cost effective as we...
Visit Loading Bay Equipment...

Payment Protection Insurance - Payment Protection Insurance
...s challenging work environment and due to the global economic downturn, there is a real concern for many people regarding the security of their job with the threat of being made redundant ever increas...
Visit Payment Protection Insurance...

Marina Insurance - Marina Insurance
...nsurance you may well have been given a number of different policy wordings from a variety of companies, this is a guide is to help you decide what sort of policy would suit you more and give you the ...
Visit Marina Insurance...

Gap Insurance - Gap Insurance
...is? I know that I had never heard about this type of insurance before until it was brought to my attention recently. The gap insurance covers the deprecation on a car in the event of it being stolen...
Visit Gap Insurance...

Car Gap Insurance - Car Gap Insurance
...ust be honest and say that I had never heard of car gap insurance until recently. I suppose unless you buy a car on finance you might not know about such policies. As I understand it the car gap ins...
Visit Car Gap Insurance...

Jet Ski Insurance - Jet Ski Insurance
...with us for some time now in the UK and there are many makes and models that frequent numerous Jet Ski Insurance water centres. Taking to the wet stuff on your powerful jet ski will be an exhilaratin...
Visit Jet Ski Insurance...

Courier Insurance - Courier Insurance
.... Losing such document or parcels can mean huge losses for some people. Therefore,Courier Insurance has become an important consideration for any one using mailing services. It is not uncommon for peo...
Visit Courier Insurance...

Dock Levellers - Dock Levellers
...d unloading your various goods. Our levellers are extremely strong and durable, and are made to handle your vehicle with ease. You are given easy operational control and flexibility, and you are able ...
Visit Dock Levellers...
Click For More Detailed Information on:
Home  |  About Us  |  Contact Us  |  Articles  |  Special Reports  |  Links  |  Site Map
Copyright © 2003-2010. All Rights Reserved.


Valid CSS!