You know you have debts. And then it happens: The phone rings. It’s a collection agency. What do you do?
If you are like most people, a call from a collection agency can cause you to panic. What will you say? What will they do? What are your rights?
It can be a confusing time, but here are some tips on how to take that call (or not). Read on:
You need to make a decision whether you want to take the call of the debt collector. You aren’t obligated to talk to them, even if they make it sound like you are. Depending on the stage of the collection, if you decide to talk to them, the first thing you need to do is ask them to provide proof of the debt – ask in writing and get the proof in writing.
After you get the written proof, you should verify that the debt is correct and the right amount. Debts can be sold over and over again or assigned to different agencies and mistakes do happen!
Don’t admit the debt is valid until proven. Keep calm.
Debt collection agencies have a bad reputation and it can be warranted. Harassing language, multiple phone calls, threats. It happens. Under the Fair Debt Collection Practices Act, you can tell them to stop calling you at work but you have to make the request in writing.
And never give your address or place of employment because they can then show up and serve you with a summons, and after a judgment is obtained, they can start the garnishment process.
Don’t provide personal information either, like your Social Security number or your bank account.
The simple fact is, you have a better chance of resolving your debt if you have an attorney on your side. Sure, you can handle this on your own but why? A competent attorney will protect your rights and prevent costly errors.
If you have questions or concerns about collection agencies or debt in Ohio, the legal experts at Mina Nami Khorrami LLC can help. Contact us today at 614-857-9590.