Introduction
Thousands of people and entities are suffering because of the downturn in the economy. Financial institutions are noexception. However unlike people financial institutions
including credit card companies have numerous “bail
-
out”
programs to assist them. Despite this, credit cardcompanies and other banks which have lent money toconsumers are still aggressively pursuing the consumers topay. As such they have set up elaborated mechanisms tocollect the debts. Fortunately, the Fair Debt Collection
Practices Act, does not allow them to ‘harass’ or use certain
tactics to collect such debts. Below are 11 things theyshould not do to you, in case you owe them money:
(c) Shah Peerally, Attorney at Law - Newark CA, USA.