Sued By A Credit Card Company: Hunted By Debt Collectors On Social Network

Sued By A Credit Card Company: Hunted By Debt Collectors On Social Network

Junk debt buyers and collection agencies are notorious when it comes to the strategies they use in order to collect money. However, they seemed to step up their game by using social networking websites like Facebook and Twitter to track down and embarrass delinquent debtors to pay up lest they get sued by the credit card company.

Unfortunately, social networking websites work great for many collection companies because they can access a contact’s personal information. If you have a Facebook account and are on the verge of being sued by your credit card company or by a junk debt buyer, they can easily track you down, get your personal information, including your email, address, and office and then start contacting you incessantly.

For this reason, you need to add security measures to safeguard your own personal details. Your account should not be made public, including your pictures. Why?

Say, you bought a brand new car or posted personal items that cost a lot of money. When the collection agency gets a hold of these pictures, it gives them a reason to go after you or worse have you sued by your credit card company because you have the capacity to pay your debt. They can use these pictures to build their case against you.

This is why you need to check the terms of the Fair Debt Collection Practices Act. This governs what debt collectors can and what they cannot do. The Federal Trade Commission (FTC), which enforces Fair Debt Collection Practices Act, has this to say about debt collectors trying to send friend requests to delinquent debtors:

 “FDCPA mandates that collectors must disclose that they are attempting to collect on a debt and any information obtained will be used for that purpose. It also requires that collectors state in subsequent communications with the debtor that they are a debt collector. A collector’s failure to make these disclosures would violate Section 807(11).”

Unfortunately, the act of sending friend requests via social networking site is considered by collection attorneys as grey area so always be careful about the friend requests you approve. You just might get sued by your credit card company after.

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