The FCRA is a federal statute that regulates the activities of consumer reporting agencies, the users of reports, and those who furnish information to consumer reporting agencies. Information contained in a consumer’s credit report affects their access to any number of consumer services including home mortgages, car loans, credit cards, utility services, employment, and even insurance. Many consumers are harmed by inaccurate and incomplete credit reports. The FCRA gives consumers numerous rights and remedies to deal with this situation. Here at Nicholson Revell LLP in Augusta, we can help you navigate the highly technical rules and regulations contained in the FCRA to correct any errors or inaccuracies on your credit report which could be causing you problems. If the credit reporting agency fails to correct the error or inaccuracy, we can help pursue a civil suit for damages.
According to the terms of the Fair Debt Collection Practices Act (FDCPA), it is illegal for collection agencies to harass, threaten, or try to intimidate debtors.
The law office of Nicholson Revell LLP represents consumers who have suffered harm as the result of illegal and intimidating practices from debt collectors and negligent financial institutions. Our attorneys know the law regarding the FDCPA, and we will advocate for your privacy, protection, and restitution in civil court. We will also manage all talks and future negotiations between you and the collection agencies.
Don’t let harassing phone calls or clerical mistakes jeopardize your financial future. Retain counsel from Nicholson Revell LLP and stop illegal, intimidating, and negligent behavior for good.
Credit card companies, banks, and other financial institutions are well aware of the FDCPA, as well as the Fair Credit Reporting Act (FCRA). As a result, they have found ways around certain restrictions by outsourcing some functions while keeping others in-house. For example, the terms of the FDCPA prohibits multiple calls from collection agencies. If a credit card company refers an account in arrears to its own internal delinquent account department, it can initiate multiple calls without running afoul of the FDCPA.
However, a debt collector or financial institution representing itself cannot continue to call you at work once you ask them to stop, nor can they engage in threatening or intimidating behavior.
In order to document the actions of debt collectors, banks, and others, you must keep a record of their activity. This means saving phone messages, letters, email, and even monthly statements is important. While most call centers record conversations, not all calls are recorded, nor are they saved beyond a certain point in time. Additionally, once you retain our attorneys to represent you, debt collectors and other financial institutions are required to contact our office instead of you.
If you have questions regarding your rights and protections against abusive debt collection practices or mistakes in your credit history, contact the consumer protection attorneys at the law office of Nicholson Revell LLP today.