When you fill out and submit a credit card or personal loan application, you are asked to leave a phone number where a bank or credit card company can reach you. If you change the primary phone number, a simple online search leads a creditor or a debt collection agency to the new phone number.
Creditors and debt collection agencies leave no stone unturned when it comes to tracking down the contact information of consumers that owe money on outstanding credit card and personal loan accounts.
After tracking you down, third party debt collectors such as CBE Group, Inc. can call you as often as they want. Frequent phone calls from a bill collector are meant to wear you down to the point of agreeing to a debt settlement plan.
The million dollar question is how often can a debt collection agency call you?
Methods Available to Stop Phone Calls from CBE Group, Inc.
The answer to the million dollar question circles back to a landmark federal law passed in the 1970s that prohibits aggressive debt collection tactics. Passed into law by the United States Congress, the Fair Debt Collection Practices Act (FDCPA) does not limit the number of calls a third party debt collector can make to your cell or home phone number.
However, the FDCPA does restrict when a bill collector can call you, as well as outlaw the use of abusive language in an attempt to intimidate you to pay off a delinquent credit card or personal loan balance.
You can simply ignore the phone calls made by a debt collection agency or hang up on a creditor when it contacts you. Sweeping the problem under the proverbial rug does not end the relentless pursuit of getting you to pay back what you owe.
According to the FDCPA, consumers can send third party debt collectors cease and desist letters, as well as invoke the statute of limitations mandated by state law for debt collection cases.
The most effective strategy for ending phone calls from CBE Group, Inc. involves hiring a licensed consume protection lawyer. Most FDCPA attorneys offer a free initial consultation to review your case and determine whether you are eligible to receive monetary damages.
What Types of Monetary Damages are Allowed?
Receiving repeated phone calls from a bill collector can increase your stress level to the point when it reaches the level of acute anxiety. The result of living in fear of losing everything can be a host of physical ailments, including skin rashes, intense migraine headaches, and ramped up blood pressure.
The physical distress caused by frequent phone calls from a debt collection agency turns into costly medical bills to help treat your ailments.
Constant third party debt collector phone calls can also trigger emotional duress that negatively affects personal and professional relationships. Many consumers experiencing phone harassment conducted by bill collectors become withdrawn, which leads to lower productivity at work and an increase in tension a home.
If you suffer from physical and/or emotional trauma caused by debt collection agency phone calls, you might be eligible to receive monetary damages awarded at the conclusion of a civil lawsuit.
The only way to find out if you are eligible for compensation is by working with a licensed consumer protection lawyer. Third party debt collectors hire accomplished attorneys to defend unlawful debt collection accusations. Make sure you enjoy the same level of legal expertise for your case by speaking with an experienced FDCPA lawyer today.
*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.