Why do debt collection agencies continue to violate a federal consumer protection law that was enacted in 1977? The answer is a considerable amount of money. A third party debt collector like CBE Group, Inc. has two ways to get paid for collecting a delinquent credit card or personal loan balance.
The company can receive a lucrative commission from the original creditor or buy a consumer debt outright for just a fraction of what was initially owed. With so much money on the line, it is not surprising that many bill collectors have no regard for the Fair Debt Collection Practices Act (FDCPA).
Assessing Whether You Should File a Claim
Written into law by the United States Congress, the FDCPA allows consumer to file lawsuits that seek monetary damages. If you think a bill collector has violated the federal consumer protection, then you need to speak with a licensed consumer protection lawyer who specializes in handling FDCPA cases.
Your attorney will determine whether there is enough evidence to move forward with a claim. You should never threaten a bill collector with a lawsuit, nor should you let a debt collection agency know you have hired an attorney. Your FDCPA lawyer is there to do all the talking for you.
CBE Group, Inc. has to follow several provisions written into the FDCPA that outlaw previously acceptable debt collection tactics. The debt collection agency cannot call you repeatedly throughout the day, as well as call you between the hours of 9 pm and 8 am.
Phone calls represent one of the more effective tools in the bill collector arsenal. Calling you in the middle of the night is not only unnerving, it is also a major sleep disruptor. Overly aggressive debt collection agencies want you to be off your game when it comes to dealing with intimidating phone calls.
Damages Awarded in FDCPA Cases
In addition to making dozens of debt collection practices illegal, the FDCPA also provides consumers with a way to recover the money lost because of harassment and intimidation.
Because of the stress and anxiety caused by illegal bill collector techniques, you might experience one or more symptoms of physical distress. Facing threats and other types of overly aggressive debt collection practices can trigger acute physical issues such as an ulcer or prolonged migraine headaches.
The FDCPA does not cap actual damages, which ensures a third party debt collector pays every last cent of your medical bills, as well as wages lost because of missed time at work. You will have to organize every medical document before handing over the information to your consumer protection lawyer.
After turning over medical documents, your FDCPA attorney will determine whether he or she needs to speak with the healthcare professionals that treated you.
Work with an Experienced FDCPA Lawyer
Fighting back against CBE Group, Inc. by yourself is like taking the proverbial knife to a gunfight. The debt collection agency will have a team of highly skilled litigators on its side to counter any evidence you submit to a civil court judge.
By working with an experienced FDCPA attorney, you level the legal playing field against CBE Group, Inc.
*Disclaimer: The content of this article serves only to provide information and should not be constructed as legal advice. If you file a claim against CBE Group, Inc. or any other third-party collection agency, you may not be entitled to any compensation.