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Paul Yamilkoski

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Getting Threatened? Threats Are Not Okay!

“Pay us today or we will have the sheriff at your door to arrest you this afternoon!”

“But I don’t have the money right now to be able to pay it.” she said.

“It doesn’t matter!” demanded the voice on the other end of the phone. “You have to pay today or we will have you arrested and seize your bank account and your home!”

“What do I do?” cried the young woman when she called me for help. “I don’t have that kind of money.”

She was practically in tears with fear over the threats that were issued buy the collection agent on the phone just a few minutes earlier.

I told her not to worry, that everything will be alright.

“You see,” I said calmly, “It is completely illegal for the collection agent to issue such threats. Not only are the threats illegal, but the collection company has absolutely no power or authority to seize bank accounts or your home, and you have not broken any laws to warrant the police arresting you.”

“Are you sure?” she asked.

“Absolutely!” I assured her. “Let me tell you about a little thing called consumer rights.”

It is never acceptable for collectors to threaten people.

I have talked about and shared this information before, but with tax season upon us, I have noticed even more of this happening, as collectors prey upon people getting their tax returns back as easy targets.

The first thing I encourage all people to remember when dealing with collection agents, is that it is illegal to threaten anyone. They can not get you arrested. And, unless they have already taken you to court and gotten a court order, they are not going to seize your bank account or home. It is part of the set of laws that have been established to protect consumers from such abusive collection tactics.

It is a good idea to be aware of your rights so that you can avoid the tremendous and unnecessary additional stress related to addressing collections. You can find information about the Fair Debt Collection Practices Act here: https://www.ftc.gov/enforcement/ rules/rulemaking-regulatory-reform-proceedings/ fair-debt-collection-practices-act-text

In most cases, there is more to the situation than just abusive tactics. Commonly there are other issues as well on the credit report that need addressed.

If you have found yourself in a situation where you are getting those nasty calls, or just are at a point where you are realizing your credit is in rough shape and need help, a reputable credit restoration company like Heartland Credit Restoration is a great place to start. They are professionals that will treat you with understanding and compassion and help you get things turned around and eliminate those nasty calls. In fact, in just a matter of months you could be loan worthy again.

 Call me for a free consultation to see how we might be able to help. 319-533-5236.

If you are a lender or realtor that has a client you might have to turn away due to credit problems, then let me see if Heartland Credit Restoration can help change that client into a approved client with loan ready credit.

You should never have to say “NO” to a client. We can help change those into a “YES”.

Call me for a free consultation. 319-533-5236.

Don’t forget to let me know what you think. I always welcome comments. And please do me a favor and share this with your contacts on social media.

I’m looking forward to helping you.

Until then, I hope you have a wonderfully blessed day!

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