If you have been harassed by a debt collection agency like Medicredit or have been approached about a debt that you are unaware of, you should be aware that you are protected by federal legislation, the Fair Debt Collection Practices Act (FDCPA).
Although this Act was first enacted back in 1970, it has recently been strengthened and prevents third party debt collectors like Medicredit from constantly pestering debtors, especially in antisocial hours.
It also makes it obligatory for debt collectors to provide clear details of the debt they are attempting to recover on behalf of their clients. If you are aware of a breach of the FDCPA by Medicredit you have the right to sue the agency for damages of up to $1,000 together with legal costs, including attorney’s fees and court costs.
Medicredit - Company Profile
Medicredit is a multi location debt collection company that specializes in collecting debts owed to health providers such as hospitals and individual doctors. The company claims that it sends out a letter to any person who it has been advised is a debtor of the amount of debt owed and what the debt is for.
If there is no response, the company then advises credit agencies of the lack of response. The Better Business Bureau (BBB) has given Medicredit a rating of A+ despite the fact that it has received 212 complaints to date of Medicredit’s business behavior.
What Is a Debt Validation Letter? And Why Do You Need It?
If you have been approached by Medicredit or any other debt collection agency and you are still unsure of the debt you supposedly owe, you should send a debt verification letter to the company that has contacted you.
Make sure you send the letter by registered mail so that the date is recorded in the event you later take legal action. You can make the request by email as well, but make sure it is backed up by a hard copy version that goes by post.
By law, the company must provide a debt validation response within 5 days of receipt of your letter. The response must provide clear details of the debt owed, the amount, the name of the creditor and what the debt is for.
A failure to respond satisfactorily could lead to you taking legal action against them with the help of an FDCPA attorney.
Talk to an Attorney Today
It’s bad enough having a debt hanging around your neck but when a debt collector continually harasses you illegally or doesn’t respond to requests to verify a debt, it can be frustrating and intimidating. The FDCPA allows you to file a lawsuit within a year of a breach of the Act.
It is advisable to talk to an FDCPA attorney before filing your lawsuit. Use the Free Case Evaluation form below to be connected with a consumer law attorney who will help you with your case.
*Disclaimer: The content of this article serves only to provide information and should not be construed as legal advice. If you file a claim against Medicredit, or any other third-party collection agency, you may not be entitled to compensation.