The abuses associated with debt collection agencies and creditor harassment are topics that have been well-documented in earlier blogs posted on this website. The Fair Debt Collection Practices Act places restrictions on allowable conduct by those companies and individuals in the business of collecting delinquent consumer debt. But the statute also gives consumers rights of their own that they can exercise when confronted by debt collection efforts.
For instance, you can stop collection efforts while verifying if you actually owe a debt by simply writing a letter. Under federal law, a debt collector must notify you of your right to dispute all or part of the debt. This notification must be given to you within five days of the first contact the creditor or collection agency has with you.