Even when they are well within their rights, collection agencies can be incredibly intrusive, but what are your options when they cross the line? When a collection agency behaves in a way that violates Federal Trade Commission (FTC) regulations, you can sue it. You will need careful records to prove
Every year people get medical bills they feel are invalid. At times they feel the bill is not even theirs. Depending on whether the dispute is with a provider (hospital or other medical facility) or collection agency will determine the method best suited to successfully dispute these bills.
Debt collection is a growth industry in the United States. Traditionally, many debt collection firms used harassment and intimidation while attempting to collect past due debts. There are, however, strict laws governing debt collection and collectors can be sued for violating these laws. Congress en
Federal law limits the time and frequency that collections agencies can call debtors.woman talking on cell phone / mobile phone image by Katrina Miller from Fotolia.comFederal law limits the time and frequency at which collections agencies can call debtors. The federal Fair Debt...
Both buying and selling a home are complicated processes, especially if you are attempting to do both at the same time. On one hand, selling your home before buying another may leave you with no place to live. On the other hand, purchasing another home before selling the one you already have could l
If you are having difficulty making your monthly mortgage payments, a mortgage loan modification may lower your payments to help you avoid foreclosure. If you are behind on your payments, a modification can also bring your account current, which may improve your credit rating over time. As part of t
Paying all or part of a debt that your creditor or lender sends to a collection agency won't raise your credit score. Even so, paying a collection account could prevent a collector from taking legal action against you, and full repayment could help you qualify for new loans.
The Penalty Interest Rates Act was enacted in Australia in 1983. The act provides for the establishment of the penalty interest rate applied to debts arising from court orders or judgments, or amounts designated under specific legislation.
A car is a complex mechanism and performance can fail.New car petrol engines image by Christopher Dodge from Fotolia.comA new-car lemon is a vehicle that fails to conform to the manufacturer's new-car warranty at the time of original delivery, and is incapable of being repaired after a...
Credit and housing seem to walk hand-in-hand today, particularly in terms of evaluating whether a person should be given additional financing or housing as a renter. Since government laws make it clear housing cannot be provided or denied based on certain specified categories (i.e., race, gender, re
Some businesses do not always have their consumers' best interests at heart. They carry out deceptive and illegal practices to scam people out of their money. If you have been a victim of illegal practices by a business, you must report it. This will not only help you in possibly recovering your los
Requirements for food labeling are designated by two acts: the Federal Food, Drug, and Cosmetic Act, and the Fair Packaging and Labeling Act. The Secretary of Health and Human Services and the Federal Trade Commission enforce the Fair Packaging and Labeling Act, while the Food and Drug Administratio
The statute of limitations is a principle of procedural law that prohibits the filing of a civil lawsuit after the expiration of a specified period of time. The Tennessee statute of limitations on debt collection seeks to ensure that resort to the civil court system to recover money owed is conducte
When a mortgage is “underwater,” this means that the value of the home is less than the amount that the owner still owes in mortgage payments. This can occur for a variety of reasons, from falling behind in mortgage payments to a decrease in property values. For homeowners who...
LED lighting technologies are used for traffic lights, airport runways and numerous other purposes.green light image by Uolir from Fotolia.comLED is a large company that manufactures and distributes various lighting products and innovative lighting technological information to Europe and...
Many homeowners in financial distress have looked to modify their current mortgage loan to keep their homes. In a loan modification, the lender and borrower revise the terms of the original mortgage to work out a payment schedule that is acceptable to the lender and affordable for the borrower. Calc
A court judgment is the result of a creditor's lawsuit against a consumer who owes the company. One of the primary ways a judgment benefits creditors is by giving them the ability to garnish the debtor's wages. A creditor cannot garnish your wages if you do not have a job -- but that does not mean t
Several Florida laws govern the process of selling and buying a used car.classy car for sale image by itsallgood from Fotolia.comAmericans spend $85 billion on 17 million used cars every year, according to the Florida Department of Agriculture and Consumer Services. Floridians who are...
If you have financial setbacks in life, such as your credit cards and other debts falling behind, and creditors are calling, you need this article. It will tell you in simple english how to stop collection harassment dead in it's tracks. I've included a form which you can copy to word or notepad and
The lemon law in Texas primarily covers new vehicles.car dealership 1 image by Alexey Stiop from Fotolia.comTo protect used car buyers, the state of Texas enforces a lemon law that holds dealers accountable for some of the vehicles they sell. This law, overseen by the Texas Department of...