What Is The Creditor Required To Tell The Debtor About The Debt?
Within five days after the debtor is first contacted, the collector must send a written notice telling the debtor the amount of money they owe; the name of the creditor to whom debtor owes the money; and what action to take if the debtor believes they do not owe the money.
Other Montana Collections-Creditors Rights FAQs
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Q:
Can A Collection Agency Help Creditors?
A: Collection and recovery managers are familiar with the workings of collection agencies since, in many respects, the methods of operation and techniques used by the …
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Q:
May A Creditor Contact Any Person Other Than The Debtor?
A: If the debtor has an attorney, the debt collector may not contact anyone other than that attorney. If debtor does not have an attorney, a collector may contact other …
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Q:
May A Creditor Continue To Contact The Debtor, If The Debtor Believes They Do Not Owe Money?
A: A creditor may not contact the debtor if, within 30 days after the debtor is first contacted, debtor sends the creditor a letter stating they do not owe money. …
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Q:
What Are Collection Agencies Not Allowed To Do?
A: Call debtors office, Call debtors home before 8 a.m. or after 9 p.m., Address the debtor in an abusive manner, or Call family or friends in an attempt to collect the …
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Collections-Creditors Rights Sub-categories
