8773661520

What Company Is Calling Me From 8773661520 And Why Are They Calling? Are They A Debt Collector?

If you received a call from 877-366-1520, it’s likely from Midland Credit Management (MCM), a debt collection agency. MCM contacts individuals to collect on past due or delinquent debts that have been sold or assigned to them by the original creditor. It’s important to note that as a debt collector, MCM is required to follow consumer protection laws, including the Fair Debt Collection Practices Act, which prohibits harassment, deception, threats, or privacy violations.

Knowing your rights is crucial if you are contacted by MCM. You have the option to send a cease and desist letter, requesting them to stop contacting you. You can also ask for debt validation, which requires MCM to provide evidence that you owe the debt. If you believe your rights are being violated, you can file complaints with the Federal Trade Commission (FTC) or the Consumer Financial Protection Bureau (CFPB). Seeking advice from a consumer rights attorney can also be beneficial in navigating this situation.

There are various options available for resolving the debt. You can negotiate a settlement with MCM, set up a payment plan, explore debt consolidation, or challenge the validity of the debt through verification requests. Before sharing any personal or payment information over the phone, carefully review all information provided by MCM, understand your rights, and consider your options. Additionally, obtaining a three-bureau credit report from IdentityIQ can provide valuable insights into your overall credit situation, empowering you to make informed decisions regarding your financial obligations.

How Can I Block Or Stop Calls From 8773661520?

If you receive calls from the number 8773661520 and suspect it might be a debt collector, there are steps you can take to block or stop these calls. First, let unknown calls go to voicemail to avoid engaging with potential collectors. Once you’ve confirmed the caller is a debt collector, contact your phone carrier to permanently block the number. Smartphone users can also set contacts not in their address book to go straight to voicemail or be blocked.

To formally request no further contact from debt collectors, send a cease and desist letter via certified mail. This letter demands that collectors stop calling, and they can only contact you to confirm compliance or notify you of specific actions. Check if your state has additional laws beyond the Fair Debt Collection Practices Act (FDCPA) that prohibit collection calls without written notice. If so, include those rights in your cease and desist letter. Keep detailed records of calls to demonstrate harassment if you’re considering legal action.

If you need help addressing the underlying debt, consult a nonprofit credit counselor to negotiate a resolution. Consider speaking with a consumer protection attorney who can advise you on your rights and potential lawsuits if the collector violates regulations. Remember, blocking calls doesn’t eliminate legitimate debts. But by taking proactive steps, you can end harassment while addressing outstanding debts.

What Are My Rights As A Consumer Regarding Calls From 8773661520 And Are They Violating The Fair Debt Collection Practices Act?

Under the Fair Debt Collection Practices Act (FDCPA), consumers have rights regarding calls from 8773661520. To protect yourself, it’s important to document any potential violations by recording the date, time, frequency, phone number, and details of all calls. Note if they call outside the allowed hours of 8am to 9pm in your time zone, except with your consent for other hours. Also, track if they repeatedly call over a short period or use abusive language.

To assert your rights, there are several actions you can take. First, in writing, revoke any prior consent given to call outside normal hours. You can also formally request that they stop contacting you at your workplace if it is prohibited by your employer. Sending a cease and desist letter via certified mail is another option to demand no further contact by phone. Additionally, verbally requesting that they stop calling during any conversation can be effective.

If you need assistance, report any violations with documentation to the Consumer Financial Protection Bureau to initiate an investigation. Consult with a consumer protection attorney who can advise you on your specific rights and options, including the possibility of suing for damages. Contact your state Attorney General’s office for guidance if you believe FDCPA violations have occurred. Lastly, seek advice from an experienced credit counselor on how to address the debt without incurring further collection calls.

It’s important to remember that debt collectors are required to adhere to the FDCPA when contacting you. By keeping detailed records and asserting your rights, you can prevent further harassment from debt collectors.

If Company From 8773661520 Is A Debt Collector, How Can I Validate The Debt And What Are My Options For Dealing With It?

If the company from 8773661520 is a debt collector, it’s important to take steps to validate the debt and handle it effectively. First, send a written validation letter to the collector, requesting proof of the debt as required by the FDCPA. Carefully review the validation to ensure that all personal details, creditor name, account number, and amount owed are accurate. If you find any incorrect or unrecognized information, dispute it in writing and request removal from your credit report.

Once the debt is validated, you have several options to consider. You can negotiate a lump-sum settlement or a payment installment plan in writing before making any payments. It may also be possible to offer a partial payment of 30-50% of the balance, if that amount is affordable for you, and request deletion from your credit report in exchange. If the debt collector violates regulations during the collection process, assert your rights under the FDCPA. Non-profit credit counseling agencies can provide guidance on negotiating debt resolution, and consulting an attorney can help you understand if bankruptcy or legal action against the collector are viable options. Be sure to keep detailed records of all correspondence and calls for potential complaints, and revoke any prior permission given to contact you outside FDCPA guidelines.

Ignoring a potential debt collector is not advisable. Take the time to confirm the validity of the debt and exercise your consumer rights under federal and state law. Seeking help from professionals can ensure a fair outcome and protect your interests. As part of this process, it may be beneficial to obtain a 3-bureau credit report from IdentityIQ to have a comprehensive understanding of your credit profile.

Can The Company From 8773661520 Sue Me Or Garnish My Wages If They Are A Debt Collector? Should I Just Settle?

If the company from 8773661520 is a legitimate debt collector, they could potentially sue you and garnish your wages if you don’t address the debt. To avoid legal action, it’s important to take action.

You can try negotiating affordable lump-sum or installment payments with the debt collector in writing. This shows your good faith effort to pay. You can also assert your inability to pay and ask the collector to stop contacting you. However, this doesn’t guarantee that a lawsuit won’t be filed.

Getting guidance from a non-profit credit counselor can help you work with the collector on your behalf. You can also consider consulting a consumer law attorney to understand your protections under the FDCPA and state laws against unfair lawsuits. If your debts are overwhelming, bankruptcy may be an option worth discussing with an attorney.

Before agreeing to settle, carefully consider whether the proposed payment plan is realistically affordable for your budget. Make sure to get any settlement terms or agreements in writing before making payments. Keep in mind that a collector can still sue if you default on a settlement, so make sure you can realistically maintain the agreed-upon payments.

In conclusion, settling often makes sense to avoid legal action, but it’s important to seek assistance and understand your options and rights before committing to any agreements.

If 8773661520 Is A Collection Company, How Can I Get It Removed From My Credit Report?

If you believe that 8773661520 is a collection company and you want to get it removed from your credit report, the first step is to validate the debt. Request written confirmation and carefully review the validation to ensure accuracy. If there are any inaccuracies, send a written dispute to the collection agency stating that the debt is inaccurate according to the Fair Credit Reporting Act and demand removal from your credit file.

If the collector verifies the debt as valid, you have a few options for potentially removing it from your credit report. One option is to negotiate a pay-for-delete agreement in writing, offering a lump-sum settlement in exchange for removal. Another option is to offer a good faith partial settlement payment and request deletion as a gesture of goodwill, though this is not guaranteed without a formal agreement.

You can also hire a credit repair service to formally dispute the debt on your behalf and provide legal resources to help get it removed. Alternatively, you can wait for the 7-year credit reporting time limit for the collection to automatically fall off your report. If the collector violates laws and refuses to remove inaccurate information, you can file a complaint with the Consumer Financial Protection Bureau or consult a consumer law attorney for possible legal action.

Throughout this process, it is important to keep detailed written records of your efforts to resolve the disputed collection account. By validating debts, negotiating with collectors, and asserting your rights, you can increase your chances of removing collections from your credit report through persistence and proper documentation. Remember to prioritize validating the debt before taking any further action.