Today’s economy has caused many people to experience financial difficulty. When they lose their jobs or experience a medical emergency, they can be left unable to pay their debts. A lot of debt collectors don’t care about your financial crisis: they will abuse and harass you. If this happens to you, you can fight back.
Your Rights Under the FDCPA
The Fair Debt Collection Practices Act, or FDCPA, protects indebted consumers from debt collector harassment. If you are dealing with a company that uses these types of actions to make you pay a debt, federal law allows you to sue for compensation.
- Threatening to submit false information to the credit reporting agencies
- Calling you after you have sent a cease communications letter.
- Saying that they can seize protected income, such as social security or disability checks
- Using abusive language
- Posing as a police officer to scare you
- Ignoring a written dispute
Company Profile: MGC Mortgage, Inc.
If you are being called by MGC Mortgage, Inc. here are some additional details about the company. MGC Mortgage, Inc. is a mortgage lender and debt collection agency located in Plano, Texas. It was founded in 2008, has 38 employees, and is managed by owner Jenny Blake.
It has an F rating with the Better Business Bureau. Archived records at the PACER website confirm that consumers who believed that they were being harassed by MGC Mortgage, Inc. refused to be bullied into paying.
Alleged Violations against MGC Mortgage, Inc.
According to PACER, on or around July 10, 2014, MGC Mortgage, Inc. foreclosed on the home of an Alabama consumer to collect an alleged mortgage debt. He alleged that the foreclosure was illegal because he had invoked loss mitigation procedures allowed under RESPA but the company had refused to cooperate and have him misleading information.
Feeling harassed by MGC Mortgage, Inc., the consumer engaged an attorney and sued the agency for violating the FDCPA by using harassing and abusive means to collect the debt. The matter was later dismissed.
Hire an Attorney
The phone numbers for this debt collection agency are:
If any of them appear on your caller ID when the phone rings, it means that MGC Mortgage, Inc. is calling. If they use harassing and abusive means to collect a debt, protect yourself by hiring a consumer lawyer and filing a claim against MGC Mortgage.
Debt collectors who break the law can be ordered to compensate you, so act on the rights that the law grants you.
Case taken from PACER (pacer.gov). File number is Case 2:15-cv-00959-LSC from the United States District Court for the Northern District of Alabama, Southern Division.
*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 MGC Mortgage, Inc. or any other third-party collection agency, you may not be entitled to any compensation.