They are doing illegal things I've read about just like credit card collectors but this is federal. HOw can I report?
2007-03-07 01:43:10 · 12 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
Please be courteous as you don't know my entire sitaution. Thank you.
2007-03-07 01:54:24 · update #1
Why don't you submit a forebearance? This is basically telling the student loan company that you will pay your loans but you just cant do it right now. You can usually download off of the website. Each forebearance is good for one year. This way, they cannot call you or harrass you for payment and they cannot file against you IRS refund. However, you cannot be in default, if you are you cannot request a forebearance.
There is no reason why you should be in the situation that you are in. There are alternatives. Even if they are federal they still have to follow the rules under the "Fair debt collection act"
I would recommend googling this topic. It will explain what your rights are. If you do not wish to communicate with them by phone you can write them to tell them to only correspond with you by mail.
2007-03-07 02:48:45 · answer #1 · answered by Spirish_1 5 · 0⤊ 0⤋
All "Collection agencies" are covered by the Federal Fair Debt Collection Act of l979 - no matter what the nature of the debt may be, which prohibits many various "illegal practices" like telling others about your debt, calling before 8:00Am or after 9:00Pm. Harassing you by calling you more than once a week, letting the phone ring unnecessarily, etc.
But yes you can and should most certainly send them a Certified Letter - returned receipt requested to show who at their business establishment signed for your letter as evidence that they did in fact receive it.
If they are just sending you mail - trash it - or mark on the envelope if it was sent First Class - REFUSED - RETURN TO SENDER!
If they are calling you on the phone - Tell them that "You" went to Costa Rica and will not be back for about five months and that "You" are just "House watching"! This just may stop them from calling you for the time being. Then if they call you back in a week - they have violated the FDCA by "causing your phone to ring unnecessarily" - and can be fined $1,000 for each violation! - and if they do call back - Remind them they have violated this law by getting their name and address and the name of the company involved. -
Good Luck!
2007-03-07 01:56:30 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Most student loan originators don't need much of an excuse to give you an extension on your loan payments. Call them and ask them for one, that will get the collection companies off your back.
Since I don't know your situation that is best I can do for you.
PS...whatever you do....DO NOT default on a federal student loan....it WILL come back to bite you on the butt
2007-03-07 02:12:05 · answer #3 · answered by Loli M 5 · 2⤊ 0⤋
THE FAIR DEBT COLLECTION PRACTICES ACT of 1979
All the info that you need on this subject can be found in this government website.
http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm
This is the full listing of what a collection agency can and cannot legally do.
If they are not violating the law, pay up.
If they are violating the law they can be fined by the FTC, but they will probably drop the debt before that happens.
2007-03-07 01:51:56 · answer #4 · answered by sprcpt 6 · 0⤊ 2⤋
Ahh, student loans. the worst possible loans ever. You can bankrupt out of almost anything else, but not student loans. You would be better off just paying them. Hire a lawyer to investigate, but I think you're probably screwed. Start payin, the rest of us have to....
2007-03-07 01:54:30 · answer #5 · answered by Brian I 3 · 2⤊ 2⤋
you cant, things are different when you try to steal the goverments money they need it for the wars overseas. Yes, you probably could stiff the credit card companies that way, but student loans are different. I suggest you just start making the minimum payments like a responsible citizen.
2007-03-07 01:50:43 · answer #6 · answered by tomhale138 6 · 1⤊ 3⤋
You wish upon a star....you got an education and now it is payback time...a lot of people are in your boat to the tune of lots of bucks. Head up, chest out, step up and lick the stamp to the envelope and practice your trade...Be thankful it is fixed amount and does not vary?
2007-03-07 01:52:33 · answer #7 · answered by Patches6 5 · 1⤊ 2⤋
First, start paying your bills!!!!!! The nerve of some people to try and make the people who are trying to get you to do what you promised to in the first place as bad people is incredible!!! You must be a liberal!
2007-03-07 01:50:06 · answer #8 · answered by JHE123 2 · 1⤊ 3⤋
NO you cannot. You can consult a lawyer to see if their actions are legal, however they have the right to garnish wages, freeze assets, file criminal charges and call you everyday. You owe them money, if you want them to leave you alone, start paying.
2007-03-07 01:47:19 · answer #9 · answered by smedrik 7 · 4⤊ 3⤋
I know the best thing you can send a creditor to get hem off your back --
THEIR MONEY.....duuuuuuuh
You took their money now they want it back like you promise.......how is that wrong?
2007-03-07 01:55:00 · answer #10 · answered by Susie D 6 · 1⤊ 2⤋