Common Threats Made by Debt Collectors

Common Tricks Used by Debt Collectors

Debt buyers often use illegal or questionable tactics in order to get consumers to pay old debts – regardless of whether that debt is actually owed.

Here are some of the most common tactics debt buyers use to trick you:

  • Representing themselves as lawyers or law enforcement officials.
    Debt collectors routinely represent themselves as lawyers or law enforcement officials to scare debtors into paying debt – or risk being sued or being charged for criminal activity.  Simply put, these representations are illegal.
  • Harassing consumers.
    Debt collectors are notorious for harassing debtors over the phone and through emails, letters and text messages.  These types of harassing behavior violate the FDCPA, the FCCPA ,and the TCPA.
  • Promising to keep the debt off your credit report.
    Expired debts generally don’t appear on your credit report.  However, most consumers don’t know that and debt buyers will make false promises to keep the old debt off their credit reports in exchange for a payment.  Yet, once you make a payment on an expired debt, the statute of limitations (SOL) may again be reset.
  • Promising to stop harassing you if you pay them something. 
    Debt collectors often tell debtors that they’ll stop harassing them if they pay something – anything – on the debt.  However, they rarely keep that promise.  What many consumers don’t realize is that by making a payment on a debt that has expired due to the SOL may actually reset the SOL – allowing debt collectors to try to collect the entire debt.
  • Re-aging debts on credit reports.
    Credit bureaus such as Experian, TransUnion, and Equifax are generally prohibited from keeping bad debt on credit reports for over seven years.  Debt collectors will often engage in illegal tactics to report old debt as being new – in order to trick consumers into paying.
  • Seeking payment on an expired debt. 
    Much of “old” debt purchased by debt buyers has expired due to the running of the statute of limitations (SOL).  Every state has a different SOL; Florida’s SOL on the time limit in which you can be sued for a debt is four (4) years for an oral contract and five (5) years for a written contract or promissory note.  Unfortunately, many consumers don’t realize that – until after it’s too late.
  • Suing or threatening to sue.
    Suing or threatening to sue is illegal if the debt has expired.  However, many debtors end up paying for old debt because they are frightened at the thought of a lawsuit.

If you’re being harassed by third party debt collectors, contact the lawyers at Florida Debt Fighters today. We’ll discuss your situation, evaluate your legal options, and stop the harassment from happening – once and for all. The call is free – the peace of mind is priceless.