How “Overbiffing” is Harming Debtors
What is “overbiffing,” and how is it harming debtors ? According to a recent report from CBS News , “overbiffing” is a term used for a practice in which debt collectors overstate the amount of money that consumers owe. And, as the article underscores, it is “the latest outrage in unfair debt collection .” In effect, through “overbiffing,” a debt collector can trick a consumer into paying more than she or he actually owes. If you were contacted recently by a debt collector who said you owed more money than you do, or who attempted to collect a debt from you that you do not owe at all, you may have been a target of “overbiffing,” and you may have a claim under the Fair Debt Collection Practices Act (FDCPA). An experienced Oak Park consumer protection attorney can discuss your options with you. How Does “Overbiffing” Occur? How exactly does “overbiffing” work? In other words, what are some of the tactics or methods that debt collectors use in overstating the amount ...