Bohemia, NY (PRWEB) February 22, 2013
On February 22, Rapid Recovery Solution, a debt collection agency, issues a response to an article published on NJ.com concerning collection services and debtors’ rights when handling a debt or in cases of abuse by collection agencies.
The NJ.com article reports that “[The Fair Debt Collection Practices Act (FDCPA)] prohibits debt collectors from using abusive, unfair or deceptive practices to collect from you, according to the Federal Trade Commission.” Debtors are encouraged to conduct research on the collections agencies contacting them and to read up on their rights, which are available through the Federal Trade Commission.
According to the article, debt collectors cannot call the debtor incessantly or deceive them by claiming the person owes a false debt. “The debt collector must send you a written notice, called a ‘validation notice,’ within five days after it contacts you, said the FTC,” Mueller wrote. “The notice must include the creditor’s name, and what you should do next if you do, or don’t, owe the money.”
CEO of Rapid Recovery Solution John Monderine is pleased that this issue is being addressed and says, “We are completely on board with protecting consumers from deceptive debt collectors.” Monderine recommends that debtors stay informed of their rights. “Understanding the status of your case is an essential component to combating this problem,” says Monderine, adding “Debtors have enough to worry about – that's why it's crucial that we have these laws in place to protect them from this type of abuse.”
Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.