A credit card company sends you a letter requesting full payment for an outstanding balance. You ignore the letter by promptly throwing it in the trash can.
A couple of phone calls follow the letter, which you erase from the home phone answering machine. Then, you never hear from the original creditor again.
You believe the delinquent credit card debt is a distant memory. You thought wrong.
Most banks and credit card companies spend little time and effort tracking down consumers that owe money on credit card and personal loan balances.
The financial institutions simply write off consumer debts as losses by selling the debts to debt collection agencies for a fraction of the entire amount owed.
Third party debt collectors doggedly pursue consumers to cash in on the high profit margins resulting from collecting outstanding credit card and personal loan balances.
If Acceptance Now contacts you at home, you can expect the bill collector to continue contacting you until the outstanding debt is resolved.
Methods for Getting Acceptance Now to Stop Calling
Debt collection agencies such as Acceptance Now do not have any limits imposed on the number of phone calls the debt collection agency can make.
However, you can try to stop the phone calls by asking the third party debt collector to cease contacting you by any form of communication.
Referred to as a cease and desist letter, your request for a bill collector to stop calling can end in several different scenarios.
Acceptance Now might abide by your request, but don’t count on that happening. Without restrictions on the number of phone calls made, the debt collection agency might increase the frequency of making home phone calls.
If you ignore the phone calls, Acceptance Now might initiate a civil lawsuit against you to collect the money owed on the account.
You most effective strategy for stopping a third party debt collector from calling you at home involves hiring a licensed consumer protection lawyer.
An attorney that knows the Fair Debt Collection Practices Act (FDCPA) inside and out can write a compelling and legally binding cease and desist letter sent via certified mail.
Your FDCPA lawyer might invoke the state statute of limitations on debt collection to stop phone calls.
The FDCPA includes numerous provisions that protect consumers against aggressive bill collector tactics, such as using foul language or implementing deceptive debt collection practices.
Are You Entitled to Monetary Damages?
Having to deal with a relentless debt collection agency can take a considerable toll on you. Constant phone calls increase your anxiety, which triggers several physical ailments that include acute migraine headaches and higher blood pressure readings.
If you suffer from physical distress because of the illegal behavior of a third party debt collector, your consumer protection attorney will file a lawsuit in civil court seeking compensation for your physical pain and suffering.
A lawyer will submit documented evidence proving your physical issues, as well as bring to the stand one or more medical professionals that verify you’re the presence of the ailments.
Don’t allow Acceptance Now to walk all over you. Speak with a FDCPA attorney today to learn more about how the landmark federal law protects you against illegal debt collection agency tactics.
*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 Acceptance Now or any other third-party collection agency, you may not be entitled to any compensation.