Can I sue a company for false credit reporting?

Under the Fair Credit Reporting Act (FCRA) (15 U.S.C. § 1681 and following), you may sue a credit reporting agency for negligent or willful noncompliance with the law within two years after you discover the harmful behavior or within five years after the harmful behavior occurs, whichever is sooner.

Can a company send me to collections?

Yes, a debt can technically be sent to collections without any notice. One common example of this is medical debts. There can be an assumption that you know you owe money based on what the insurance did and didn’t pay, and debts can be turned over to collections in some cases without a notice to you.

Can you sue a company for sending you to collections?

Can You Sue a Company for Sending You to Collections? Yes, the FDCPA allows for legal action against certain collectors that don’t comply with the rules in the law. If you’re sent to collections for a debt you don’t owe or a collector otherwise ignores the FDCPA, you might be able to sue that collector.

What happens if you dispute a debt collector?

In some instances, disputing a valid and active debt collection with the credit bureaus may spark the debt collector to take action on your debt. For example, they may begin calling or sending letters or even file a lawsuit against you if the debt is within the statute of limitations.

Can you sue a credit card debt collector?

But you may, in fact, not only have the power to stop the calls, but to win a lawsuit against the collection agency in the process. “You may owe money, but that doesn’t mean you’ve checked your civil rights at the door,” says Michael Rapp, an attorney with Consumer Legal Clinic in Kansas City, Kansas.

Is there Statute of limitations on suing a debt collector?

Every state has a statute of limitations on how long a company has to sue you over a debt, says Rapp. If a debt is too old for you to be sued over and a debt collector threatens to sue you, he is breaking the law, Rapp adds.