Even the most financially responsible person can be overcome by debt. Unfortunately, debt collectors can be nasty when you don’t pay in full. As much as they want your money, however, the law prohibits them from harassing you to get it.
Your Rights Under the FDCPA
In 1977 Congress passed the Fair Debt Collection Practices Act (FDCPA) to stop abusive behavior by third-party collection agencies. Under the FDCPA, actions like those below are illegal, and any company that employs them risks sanctions.
● Using profane and obscene language
● Threatening consequences they cannot legally inflict
● Demanding payment for a debt discharged in bankruptcy
● Claiming that you owe an amount that’s not supported by law
● Calling at inconvenient times
● Showing up at your house to intimidate you
Company Profile: National Loan Recoveries
If you are being called by National Loan Recoveries, here are some company details.
National Loan Recoveries is a collection agency in Stamford, Connecticut. It was established in 1992, has fewer than 10 employees, and is managed by Lloyd W. Gravengaard. Legal files at the PACER website show that those who felt that they were being harassed by National Loan Recoveries chose to go to court.
Alleged Violations against National Loan Recoveries*
According to PACER, on or around August 22, 2008, legal representatives of National Loan Recoveries obtained a judgement against the wife of a Maryland consumer. On December 30, 2009, they filed a writ of garnishment against the bank where the couple had a joint account.
The husband informed the representatives that the funds in the account came from Social Security benefit payments and therefore exempt from garnishment, but the money was not returned.
Feeling harassed by National Loan Recoveries, the consumer filed a claim against the company for:
● Filing an illegal collection action
● Threatening and taking action that could not legally be taken
● Falsely representing the character, amount and/or legal status of the debt,
● Using an unfair or unconscionable means to collect the debt
The case was later resolved.
Hire a Consumer Lawyer
The phone numbers for National Loan Recoveries is 1-203-708-8570. If it appears on your caller ID, take precautions because National Loan Recoveries is on the line. If they take illegal collection actions, hire a consumer lawyer and file a claim against National Loan Recoveries. You could be awarded $1,000 per FDCPA violation plus court costs and attorney fees. Never tolerate abuse when you have legal ways of fighting back.
*Case taken from PACER (www.pacer.gov). File number is Case 1:10-cv-02806-WMN from the United States District Court for the District of Maryland, Northern Division.
- Did a Collection Agency Contact a Third Party About Your Debt?
- Did a Collection Agency Not Validate Your Debt?
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 National Loan Recoveries or any other third-party collection agency, you may not be entitled to any compensation.