Tulsa Consumer Lawyers making Oklahoma Debt Collection Laws work for Consumers!

On July 10, the Consumer Financial Protection Bureau (CFPB) issued a bulletin clarifying its position on what constitutes abusive debt collection practices by debt collectors as well as original creditors under the Dodd-Frank Wall Street Reform and Consumer Protection Act.  The Tulsa Consumer Lawyers at Paramount Law will help you if your rights have been violated!  We know Oklahoma Debt Collection laws and will gladly help you understand what acts are off limits for debt collectors!

Paramount Law provides a free Tulsa lawyer if you have been a victim of abusive debt collection tactics. Depending on the facts and circumstances, the CFPB published the following non-exhaustive list of examples of conduct related to the collection of consumer debt could constitute violations of the Fair Debt Collection Practices Act (FDCPA) as well as a violation Dodd-Frank Wall Street Reform and Consumer Protection Act if done by an original creditor:

1. Collecting or assessing a debt and/or any additional amounts in connection with a debt (including interest, fees, and charges) not expressly authorized by the agreement creating the debt or permitted by law.
2. Failing to post payments timely or properly or to credit a consumer’s account with payments that the consumer submitted on time and then charging late fees to that consumer.
3. Taking possession of property without the legal right to do so.
4. Revealing the consumer’s debt, without the consumer’s consent, to the consumer’s employer and/or co-workers.
5. Falsely representing the character, amount, or legal status of the debt.
6. Misrepresenting that a debt collection communication is from an attorney.
7. Misrepresenting that a communication is from a government source or that the source of the communication is affiliated with the government.
8. Misrepresenting whether information about a payment or nonpayment would be furnished to a credit reporting agency.
9. Misrepresenting to consumers that their debts would be waived or forgiven if they accepted a settlement offer, when the company does not, in fact, forgive or waive the debt.
10. Threatening any action that is not intended or the covered person or service provider does not have the authorization to pursue, including false threats of lawsuits, arrest, prosecution, or imprisonment for non-payment of a debt.

Free Tulsa Lawyer for Oklahoma Consumers!

Paramount Law sues debt collectors that don’t follow federal and Oklahoma debt collection laws!  Call us today at 918-200-9272 or 800-350-2707!