[caption id="attachment_3069" align="alignleft" width="160"] If you have grant and weber debts on your credit reports you score can be seriously negatively impacted. Luckily, there are steps you can take to reverse the damage.[/caption]
Grant and Weber Call You?
Don't worry yet.
Knowing your rights under the law goes a long way towards preventing debt collection companies like Grant and Weber from taking advantage of your crappy credit/financial situation.
Under the Fair Debt Collection Practices Act, debt collectors are not allowed to call you so much it amounts to harassment.
They are also not allowed to call you before 8 am or after 9 pm, or call your workplace if you've told them not to. I realized that my debt collectors had done all of these things!
The Fair Debt Collection Practices Act also forbids debt collectors to make baseless threats of legal action.
This means that they can't threaten things like wage garnishment unless they really intend to take you to court, and they really could win the case against you. Most of the time, they don't intend to go to court because it is too expensive and time consuming. They're just bluffing.
The other important debt collection law is the Fair Credit Reporting Act. This law makes it illegal for debt collectors to report false information about you to the credit bureaus. This prevents them from ruining your credit based on bad information.
Examples of invalid or inaccurate debts that cannot legally lead to credit damage include expired debts, debts in the wrong name, debts with incorrect balances, debts incurred by an identity thief, and debts previously paid in full or discharged during bankruptcy.
If your debt falls into any of these categories, consider legal assistance.
Lexington Law can and will help you understand these two major pieces of relevant legislation:
(the Fair Debt Collection Practices Act and the Fair Credit Reporting Act).