The first phone call from Paramount Recovery Systems doesn’t bother you. Then, the phone calls begin to arrive in rapid succession at all hours of the day. Eventually, the debt collection agency tries to embarrass you by calling your work phone number.
Is this type of harassment permitted under federal and/or state law? The answer is no.
According to the Fair Debt Collection Practices Act (FDCPA), a debt collection agency such as Paramount Recovery Systems is prohibited from repeatedly calling consumers in regards to the collection of outstanding debts.
Passed by the United States Congress in 1977, the FDCPA responded to the growing chorus of outraged consumers concerning the aggressive debt collection practices implemented by third party debt collectors.
Not only does the FDCPA clearly outlaw several previously acceptable debt collection tactics, it also provides consumers with a punitive remedy by allowing for the reward of monetary damages.
Do You Have a Valid FDCPA Claim?
You can try to fight back against a bill collector on your own, but be advised the debt collection agency will have a powerful team of lawyers ready to counter any arguments you make during a deposition and inside a courtroom.
Working with a licensed consume protection lawyer that has litigated numerous FDCPA cases is the best option for winning your case. A FDCPA attorney will decide whether Paramount Recovery Systems violated the FDCPA by issuing threats or using abusive language during phone calls to you at home and/or at work.
In addition to aggressive debt collection tactics, a third party debt collector might resort to deceiving you into paying of a delinquent credit card or personal loan balance. Deception can include impersonating the IRS or claiming you might go to jail for not paying off your bills.
Other violations of the FDCPA include a bill collector demanding you pay more money that is actually owed on a credit card or personal loan account. A debt collection agency like Paramount Recovery Systems is not permitted to put you on a consumer bad debt list or try to collect a debt that you have already paid off.
If a third party debt collector calls you at work, you can invoke the “reason to know” provision of the FDCPA. “Reason to know” means Paramount Recovery Systems knows your employer forbids debt collection phone calls in the workplace.
Monetary Damages Available for Consumers
Every consumer that files a lawsuit against a bill collector is eligible to receive statutory damages that run as high as $1,000. Statutory damages means a debt collection agency has violated the FDCPA, but you cannot prove the violations caused pain and suffering.
The $1,000 award is a one-time award that covers every violation of the FDCPA. You might also be able to collect monetary damages for lost wages, as well as the money garnished from your paycheck to pay off an outstanding consumer debt.
Never allow a third party debt collector to get the upper legal hand. Speak with an experienced FDCPA attorney today to determine the strength of your case.
*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 Paramount Recovery Systems or any other third-party collection agency, you may not be entitled to any compensation.