Hope turns into what seems like reality when a credit card company stops calling you to collect an outstanding balance. You think the credit card company has written off the delinquent debt. However, hope quickly changes into despair the first time you receive a phone call from a debt collection agency.
Third party debt collectors often pay pennies on the dollar to take over the responsibility for collecting outstanding debts. The power of earning a huge profit margin motivates debt collection agencies such as Northstar Location Services to call you repeatedly.
What Should You Do?
According to the Fair Debt Collection Practices Act (FDCPA) of 1977, consumers have several protections written into the landmark law that keeps debt collection agencies in check when it comes to collecting the balances owed on outstanding credit card and personal loan accounts.
Northstar Location Services cannot harass you by making threats or using abusive language over the phone. A third party debt collector is prohibited from calling you between 9:00 pm and 8:00 am. How do you reap the legal benefits of the FDCPA?
You work with a licensed consumer protection lawyer
What Information Should You Give Northstar Location Services?
Receiving a phone call from a third party debt collector creates immense anxiety, which can lead to making poor decisions. Out of fear, you might reveal too much information to a representative from Northstar Location Services.
Debt collection agencies thoroughly train bill collectors to ask the right questions at the right times. Consumers have to deal with seasoned professionals that read from carefully written scripts.
Unless you work with a FDCPA lawyer, a representative from Northstar Location Services will inevitably gain the legal advantage.
You should know the FDCPA does not require you to disclose any information to a third party debt collector. If you decide to negotiate with Northstar Location Services, your lawyer will prepare you to answer the questions you should answer and decline to answer questions the debt collection agency is not allowed to ask.
How to Act When a Bill Collector Calls
A phone call from Northstar Locations Services might catch you off guard. Recovering from the initial shock of having a debt collection agency after you involves quickly regaining the upper hand by explaining you plan to record the phone conversation.
By telling a representative from Northstar Location Services a tape recorder is running, you give notice the third party debt collector better follow the guidelines mandated by the FDCPA or risk losing a lawsuit filed because of state and/or federal law violations.
You should ask a debt collection agency that contacts you by phone to provide evidence a debt exists. If you owe money to a creditor, you want to make sure the amount owed claimed by a debt collection agency is accurate.
Trying to avoid a third party debt collector often makes the agency more motivated to collect an outstanding credit card or personal loan balance. If you receive a phone call from Northstar Location Services, do not hesitate to speak with an experienced FDCPA lawyer to determine the best course of legal action.
*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 Northstar Location Services or any other third-party collection agency, you may not be entitled to any compensation.