Stop Zombie Debt Collectors!
Years ago, most consumers who chose not to pay their debts stopped worrying after several years
had passed because not many creditors would try to collect these debts, especially when a small
amount of money was at stake.
But today, with the economy in less than stable condition, collecting old debts also know as
"zombie debts" or "time barred debts" has become a booming and profitable industry. Zealous
collection agencies and companies can buy charged-off credit card accounts from the original
lenders for pennies on the dollar, then use advanced technologies and credit scoring to target
debtors that are more likely to repay.
In 2007 alone over $75 billion in old debts were sold.
Old accounts, once thought to be uncollectible, are now considered to be of great value and
are collectible. Recovering even a small payment from debtors can make collection efforts
profitable. The Zombie Debt Collectors are bringing your old debt back to life again!
The backlash of all this collection activity is potential and frequent violations of the
Federal Fair Credit Reporting Act and the Fair Debt Collection Practices Act.
A Fair Debt Collection Practices Act Attorney
could help you stop the phone calls and letters from Zombie Debt Collectors even if you do owe the debt!
Don't put up with debt collector abuse from Zombie Debt Collectors Debt Collectors, the
Debt Collection Practices Act and State Debt Collection
Law could help you stop the harassment and you could be entitled to monetary damages!
Some of the alleged tactics that Zombie Debt Collectors may use in their efforts to collect
a debt from you, that could be violations of Fair Debt Collection Practices Law include, but
are not limited to;
- Contacting you at times that are considered inconvenient which typically means after 9p and before 8a.
- Using obscene or profane language or violent threats against you or your family.
- Threatening that non-payment will result in police arrest, imprisonment or seizure, garnishment of wages, or sale of any of your property.
- Communicating with neighbors, family or friends the amount and or nature of your debt.
- Contacting you at your place of business if you have asked Zombie Debt Collectors Collectors to cease and desist this practice or if they are aware that your employer prohibits this type of communication.
- Claiming to be an attorney or implying that a communication is from an attorney if this is not indeed true.
- Other harassing, abusive, or unfair methods.
If you are being harassed by Zombie Debt Collectors, contact a Fair Debt Collection Attorney for a free attorney consult and case review or submit your information online now. Protect your consumer rights!
If Zombie Debt Collectors does not comply with the Fair Debt Collections Practices Act or state debt collection law, you could be entitled to $1000 per violation and they may have to pay your attorney's fees and potentially, the debt itself.
