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Working with creditors and debt collection agencies is definitely a tough ordeal. Their annoying and persistence way of tracking you down no matter where you are could be very frustrating for you, your family as well as your fellow colleagues.

Fortunately, to protect the way too abused debtors, there is the Fair Debt Practices Act or the FDCPA in short. It is a federal law that bans unfair debt collection practices which will have an effect on the quality of debtors’ life significantly.

While this article doesn’t list the entire act, it is great to know the common illegal debt collection practices so that you won’t be intimidated and find out how to deal with them.

1. Contact third parties such as your families, friends, neighbors or employers regarding your debt. Except if the court has granted them permission for your creditors to do so, it’s illegal for them to contact third parties regarding your debt. But they might contact third parties for the purpose of locating you. Even so, creditors should not reveal why they are searching for you, unless you are a minor.

2. Contact you at unusual hours of the day – late night or too early in the morning. Within normal circumstances, any time between 8am to 9pm is an acceptable time for them to call. Under no situation should your creditors contact you when you’re sleeping, for example at 3am.

3. Contacting you over and over again by phone or not identifying themselves when they call.

4. Continue to call you when you are represented by a lawyer or when they have received a written request from you to cease calling you. ( a cease letter)

5. Make threats, make use of obscene, profane or abusively languages and comments on you.

6. Misleading you that they are affiliated with any state or federal government, or the legal status of your debts.

These are only some of the common illegal debt collection practices. The FDCPA bans just about any abusive, dishonest and unfair debt collection practices that might affect the quality of your life greatly.

To find out much more with regards to your rights as a debtor, go to www.ftc.gov/os/statutes/fdcpa/fdcpact.htm for much more info. It’s always good to be aware of your rights as they give you a means of handling your creditors such that they do not take advantage of you. Nevertheless, realize that the purpose of the FDCPA would be to help you deal with creditors and not to ignore them and your debts.

Getting the best information on Debt Collectors, is no easy task nowadays. If you are looking for more information on Debt Collectors, then I suggest you make your prior research so you will not end up being misinformed, or much worse, scammed. If you want to know more about lvnv funding, go here: lvnv funding