There’s no question that times are tough right now. Ever-increasing costs of living and disproportionate salaries have become the norm, and many Americans have no choice but to pay for everyday essentials with credit. Of course, creditors are entitled to repayment of any amounts extended to consumers, plus interest, and they are well within their rights to pursue collection of delinquent accounts – usually.
However, the law does not give creditors free rein to collect on debts in any way they see fit. The Florida Consumer Collection Practices Act, Florida Statute § 559.55 et. seq., describes certain things that creditors are absolutely not allowed do when attempting to collect on a debt owed to them. Many debtors just don’t know what creditors can and can’t do when trying to collect, and automatically assume that the creditor’s conduct is allowed by the law – after all, a creditor wouldn’t do anything illegal, right? Unfortunately, that’s not the case. It’s important for you to know your rights when it comes to collection activities, because many creditors aren’t playing by the rules, and they’re counting on debtors to be misinformed and thus easily intimidated.
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Do You Know Your Rights When It Comes To Creditor Harassment?
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