Creditor Harassment 101

This goes without saying, but no one enjoys being in debt. When you’re dealing with debt, your financial situation becomes your entire life. It’s an extremely stressful time in anyone’s life, and harassment from a creditor can make this period in your life even more stressful.

If you’re dealing with debt, and especially if you’re dealing with creditor harassment, this blog post is for you. Learn more about what constitutes creditor harassment and what you can do to protect yourself.

What is Creditor Harassment?

Creditors who are in a rush to receive payment may resort to harassing those who owe them money. That harassment is illegal under the Fair Debt Practices Act. Under this act, it is illegal for creditors to deceive the person who owes the debt, publish your name publicly, or contact your friends and family about your debt. Additionally, a creditor is unable to:

  • Repeatedly call you
  • Contact you late at night
  • Contact your employer about your debt
  • Call without disclosing their identity
  • Threaten you will suffer repossession or loss of government benefits
  • Contact your neighbors about your debt
  • Call you after you have told them that you are being represented by an attorney

If you have experienced any of the following from your debt collector, you are experiencing credit harassment. Even if you haven’t experienced any of the following, make sure to know what your debt collector can and cannot do so that you can identify creditor harassment and stand your ground.

Tips with Dealing with Creditor Harassment

While dealing with creditor harassment may put a huge emotional burden upon you, there are ways to deal with it. Hopefully, some of the ideas below will provide you with a solution and bring an end to your harassment.

  • Make them prove your debt.

If you take away anything from this blog post, make sure that this is it. Before you pay off any of what your debt collector is claiming you owe, make them prove that you actually owe that debt. If your debt collector cannot prove that you owe the amount in question to the company in question, do not pay the debt. Make them prove those two aspects to you first before you even begin talking to them.

  • Attempt to negotiate.

Of course, this will only work depending on how willing your debt collector is to work with you. If you find that your debtor is more cooperative, you should attempt to negotiate a payment deal with them or you may even be able to pay a portion of the original debt if you can do so out front.

  • Contact an attorney.

One of the best things you can do for your situation is to contact a firm with experience dealing with creditor harassment, like Greenway Bankruptcy. An attorney can help you defend yourself against what you have gone through and seek damages for your experience. In addition, an attorney will be able to direct you to the proper resources to deal with your debt, especially if you need to file for bankruptcy.