To understand who such collectors, it is necessary to study origin of this term at first. The word "collector" came from English and means "to raise" and if to add here monetary implication, then it turns out that collectors are engaged in withdrawal of problem debt.
If more precisely, then collectors are the organizations which activity is directed to collecting debt on an order of any given bank.
Collector's duties
Activity of collectors consists not only in "knocking-out" of debts as many think. There begin work these organizations with collecting and the analysis of all available information necessary for effective collection of debt. Further there is a development stage of the optimum plan for a refund which has to be agreed surely with managers of bank.
Then, generally collectors already begin the direct procedure of the active correspondence notification of the debtor of his duties and if it did not help, then do attempts of a personal meeting.
If business reached the bailiff, then the collector is obliged to provide that all information which is available on business. Also in the absence of desire at the debtor to cooperate the collection firm can begin to petition for seizure of its property.
If acts of collectors to you seem illegal, then can obtain more detailed information on the matter at the lawyer. In case authority of collectors was exceeded, and they violated your rights, then this sufficient basis for further submission of the claim for them for compensation of damage.
It should be noted, often, problem situations arise because of shortcomings of the current legislation in which the rights of collectors are in details not stated. Collectors actively use this situation. For example, they have a right of a personal meeting with the debtor, but the law does not specify where and as there has to be this meeting. Also they have a right to remind the borrower of his debts, but at the same time by the law is not registered how many times they can do it, and in what time of day.
Therefore you should not confuse illegality of their actions with excessive persistence which is their main method of collection of debts.
Fight against collectors
First of all, if you do not want to have any problems with collectors, then in due time repay the debts. If nevertheless for any reason at you it did not turn out to make it, then you should not despair.
At the first address of collectors they should not be rude, and try to explain a situation, and most to establish terms of repayment of the loan. If all of them equally try to press on you, then address to militias. At the same time it is possible to employ the lawyer specializing in fight against illegal acts of collectors.
It is possible to try to address to anti-collection society. Such societies redeem your debt, and you can repay it in terms, much more convenient for you.
Legality of transfer of a debt from bank to collectors
The legislation has no anything against collectors raise debts according to lawful indications of a certain leaf.
But banks are a little in more ticklish situation. On the one hand they are not forbidden to sell the saved-up debts to other persons, but with another – the banking institution is obliged to keep "a secret about operations", and transferring debt to other person, it breaks this secret.
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