You’ve been struggling financially for some time now and the debts are starting to pile up. Maybe you lost your job, had your hours cut or have had to take some time off due to illness.
In any case, debt collectors aren’t being very sympathetic. They’ve been calling you for weeks now, multiple times a day. They’ve even shown up at your home to try to collect payment. You’re concerned because collectors are calling late at night after the kids have gone to bed. Is this legal?
Debt collectors are regulated
Debt collectors can’t simply do whatever it takes to obtain payment. They must stay within the confines of the law. Debt collection practices are regulated by the Fair Debt Collection Practices Act (FDCPA). The law states that unless you have specified otherwise, debt collection agencies cannot contact you either before 8:00 am or after 9:00 pm.
Debt collection agencies are also limited in the number of times they are permitted to call or contact you. If agents turn up at your door several times per day or call you relentlessly throughout the week, they could be in violation of the FDCPA.
What are your options?
Sometimes, debt collectors are open to reasonable discussions. You might be able to arrange a payment plan that works for all parties. Sadly, this is not always the case. If you feel that you are being harassed, then you have a legal right to make it stop.
If your debts have spiraled out of control, it is important to remember that you have options. Bankruptcy is something you may want to consider. However, before making your next move, be sure to gain a further understanding of your legal rights in Alabama.