Can Debt Collectors Name on Holidays?
Nowadays, being in debt also means constantly calling collection agencies. But can you call debt collection agencies while on vacation?
Unfortunately, there are no specific regulations that make it illegal to call for collections on public holidays. However, there are still regulations in place prohibiting debt collection agencies from calling consumers at inconvenient or unusual times.
Are you safe from debt collection calls on public holidays?
While there are technically no specific prohibitions on public holiday calls for debt collection, this may fall into the category not allowed under the FDCPA or the Fair Debt Collection Practices Act. The FDCPA states that debt collection agencies should not communicate with consumers at unusual places or times, or at times or places that are known or should have been known to be inconvenient for consumers.
Since most holidays are already publicly known, you can usually expect that the debt collection service will not contact you at such times. However, it is important to note that different countries, states or places also have different holidays and do not recognize similar holidays.
On important holidays like New Year’s Eve and Christmas Eve, debt collection agencies have less chance of contacting you than on smaller holidays like Rosh Hashanah or Ash Wednesday.
Here’s how to prevent debt collectors from ruining your vacation
If you get calls from billing collectors and you fear that they will contact you even on public holidays, there are several steps you can take to prevent this:
As outlined by the FDCPA, consumers have rights including that collection agencies should stop calling you if you’ve already sent them a letter asking them to do so. While you continue to be responsible for your debt, please do so and stop calling you.
You do not have to do this by telephone, but in writing. You may want to keep a copy of the letter sent for record keeping. You may also want to send this letter by registered mail so that you will know when it is received by the debt collection agency.
- Create a payment plan.
If your financial burden is too great for you and you don’t want the collection company to take additional action, you can try negotiating a repayment schedule with your creditor. This ensures that everything is recorded in writing.
If your debt has not yet been turned into collections, your creditor may be ready to work things out with you. There are instances when creditors can waive fees, lower interest rates, or lower the total amount due if that means they can still collect some of your debt.
If the debt collector keeps calling you after being asked to stop, or if you are not even in debt, consider seeking legal assistance. A lawyer can advise you on your rights and what to do next.