SUBMITTED BY THE 18th JUDICIAL DISTRICT ATTORNEY
Scare tactic scams are widespread, specifically callers purporting to be debt collectors and threatening arrest if the party refuses to immediately pay. By law, legitimate debt collectors have the right to call an actual debtor but must follow specific regulatory guidelines regarding what they can or cannot say or do. Understanding these rules will help distinguish legitimate debt collectors from unethical ones, and/or flag an outright scam. In addition to arrest threats, other indicators of debt collector scams include refusal by the caller to provide information about whom you owe the debt, pressure to send payment immediately; and refusal to reveal their name or that of their company. Under the Colorado Fair Debt Collector Practices Act (FDCPA), debt collectors must be licensed, and must adhere to the following ethical practices:
Likewise, if you do owe a debt, or are concerned about such allegations:
For more information on the Colorado Fair Debt Collection Practices Act, or to file a complaint on a debt collector, contact the State Attorney General’s Office at stopfraudcolorado.gov/fraud-center/creditor-fraud/harassed-debt-collector.html.
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