Question: I have been sued by a debt collector. Who do I call? Answer: An attorney. Let me explain a bit. Twice in the last week, I have had people call me after being sued by a debt collector. Both…
Posts Tagged With: FTC
California Debt Blog: Senator Plans Reforms to Fair Debt Collection Practices Act
Minnesota Senator Al Franken recently announced that he plans on introducing additional protections for consumers under the Fair Debt Collection Practices Act. Franken’s actions were prompted by a newspaper’s investigative reporting which uncovered some of debt collectors’ shadier tactics, including…
California Debt Blog: Pressure to Pay Others’ Debts a Growing Problem
A new problem with debt collectors has been emerging in recent years – debt collectors who pursue the wrong people in order to collect a debt owed by someone else. Some collectors even know that they are pursuing the wrong…
California Debt Blog: Preventing Identity Thieves from Obtaining Your Personal Information
Last week, I discussed six ways in which identity thieves obtain your personal financial information, which they then use to steal your identity. So how can you prevent identity thefts from occurring? The Federal Trade Commission recommends a three-pronged approach….
California Debt Blog: Six Ways in Which Identity Thieves Steal Your Information
Most people have probably heard of identity theft protection services, such as LifeLock. LifeLock and other similar services offer to monitor a customer’s credit activity and alert the customer when his or her personal information is being used to apply…
California Debt Blog: FAQ: What is a debt collector forbidden from doing?
Question: I think my debt collector is harassing me. What is the debt collector legally forbidden from doing to collect the debt? Answer: The Federal Trade Commission publishes a guide for consumers that details exactly what debt collectors can and…
California Debt Blog: New Regulations in Effect for Credit Monitoring Services
New rules for credit monitoring services went into effect April 2. The regulations require companies that offer credit monitoring services to add warning labels about their services. Websites offering “free” credit reports must now tell consumers that a free credit…