What can a collection agency do and not do?

Answer:
Here is some topics of what collection agencies can and cant do
Collection Agencies can do:
  • Inform the debtor the amount of the debt that was reported by the creditor
  • Creditor's Name, a good collection agency will contact you in representation of their client.
  • If you don't dispute the debt, after 30 days, the debt will be assumed valid to the collection agency
  • Disputing the debt to the debt collector (in the first 30-days) in full or partial, the collection agency will verify with the consumer
  • A collection agency will provide name and address from the creditor to you after you dispute the debt in the period of 30 days

What Certified Collection Agencies don't do:
  • Contact someone that doesn't own the debt like; relative, employer, neighbor, in some cases co-signers may be contacted by the collection agency
  • Threat Calls, harassment calls, threatening to harm your credit, garnishment or repossession or threatening the debtor with an arrest.
  • Calls can be place between 8:00 AM to 9:00 PM, debtors time. Calls cant be at inconvenience places like at work.
  • Using false information in order to collect the debt

Most of this regulations are from the FDCPA, Fair Debt Collection Practices Act, for federal collection laws
First answer by Burt associates. Last edit by Burt associates. Contributor trust: 3 [recommend contributor recommended]. Question popularity: 1 [recommend question].