Has a debt collector threatened to take money out of your bank account?
The FDCPA and RFDCPA prohibits debt collectors from threatening to take money out of your bank account unless they actually intend to do so and are lawfully allowed. Despite the law, debt collectors will often threat to take money out of your bank account in order to intimidate you into paying a debt. This is considered a false and misleading representation and the debt collector should be held accountable for such reprehensible practices.
Of course, there are some limited circumstances where debt collectors could remove money from your bank account. Generally, the debt collector must have filed a lawsuit and obtained a judgment against you in order to garnish funds from your bank account. With the proper help and guidance from an experienced attorney, a judgment can be avoided.
If a debt collector is threatening to take money out of your bank account, please contact our office for a free, no obligation consultation at 1-800-219-3577.