Re: Unfair Debt Collections
If you signed some sort of agreement, then it's possible that the holder of that note could sue you for breech if you don't repay. Why on EARTH would you sign something saying you owe a debt on behalf of someone else????????? As far as the "debt collector's" conduct, are you talking about some individual who gave your cousin money, or are you talking about a regulated financial company who is obligated to follow state and federal collections laws? There's a HUGE difference. If you're talking about a private individial, they're not bound by the same laws for collecting on a debt.
NEVER NEVER NEVER sign something like that without showing it to an attorney FIRST!!!!!
Re: Unfair Debt Collections
in wisconsin it is my understanding that there is no difference between just a person or an agency for state laws. http://www.legis.state.wi.us/statutes/Stat0427.pdf
if you go to the state site FAQs it mentions that people often get confused because the federal law is different.
Re: Unfair Debt Collections
Dear titan22:
What the bill collector did was totally illegal.