The Levey Law Firm, P. A.
Call or Email for Immediate Service
Contact Us

Call or Email for Immediate Service

Contact Us

Fighting For The Bottom Line
Of Businesses Worldwide

Fighting For The Bottom Line
Of Businesses Worldwide

2 do’s and don’ts for debt collectors

On Behalf of | Jul 14, 2022 | Collections |

Debt collecting can be made difficult when people don’t want to cooperate. That can lead some debt collectors to think outside the box when doing their job. 

Some great ideas collectors come up with may not be the best course of action. That doesn’t mean there are no options to collect on a debt. Here’s what you should know:

2 don’ts on debt collecting

1. Don’t threaten the debtor

Debt collecting can be stressful at times. If a debtor isn’t working with a collector, the collector may take actions they might regret. A collector might attempt to intimidate the debtor with threats: threats of violence, abusive language or releasing private information – but that’s illegal.

2. Don’t call at any hour of the day

It’s likely a debt collector is going to try calling a debtor before taking more action. A collector may, out of frustration, call at unseemly hours. Collectors, however, may only call between the hours of 8 a.m. and 9 a.m.

Debtors are protected from several actions debt collectors might take under the Fair Debt Collectors Practices Act (FDCPA).

2 do’s on debt collecting

1. You could negotiate on the owed debt

Debt may often be bought cheaper than what is actually owed. Collectors may take advantage of cheaply bought debt and work with debtors to pay off a portion of their debt.

2. You could sue the debtor

Debt collectors may – often as a last-ditch effort – sue debtors to pay off debt. Suing a debtor can be a difficult task without taking the right precautions. 

If you’re seeking a creditor to pay off their debt, then you may need legal assistance.