Here's why the collector typically won't leave a detailed message on an answering machine.THE FAIR DEBT COLLECTION PRACTICES ACTAs amended by Public Law 104-208, 110 Stat. 3009 (Sept. 30, 1996)§ 805 (b) COMMUNICATION WITH THIRD PARTIES. Except as provided in section 804, without the prior consent of the consumer given directly to the debt collector, or the express permission of a court of competent jurisdiction, or as reasonably necessary to effectuate a postjudgment judicial remedy, a debt collector may not communicate, in connection with the collection of any debt, with any person other than a consumer, his attorney, a consumer reporting agency if otherwise permitted by law, the creditor, the attorney of the creditor, or the attorney of the debt collector.~ and ~THE PRIVACY ACT OF 1974, 5 U.S.C. § 552a, As Amended§ 552a. Records maintained on individuals (b) Conditions of disclosureNo agency shall disclose any record which is contained in a system of records by any means of communication to any person, or to another agency, except pursuant to a written request by, or with the prior written consent of, the individual to whom the record pertains, unless disclosure of the record would be--[etc.]***I'm working on a short sale and have permission of the debtor to speak with his servicing lender. What I have to go through every time I want to speak with a collector would satisfy Edward Snowden.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. M