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Match it! Select the correct answer from the pull down...Good luck!
The homeowner can't make payments on the mortgage and the lender takes the property:
Tell the collector that he is violating the Federal Fair Debt Collection Practices Act.
Surrrender of Collateral
Tell the collector that you will talk to him once every two weeks.
Send a Cease and Desist Letter
Call the police.
Delinquency
Repossession
Foreclosure
A collector continually calls you at all hours of the day, yelling, verbally abusing you, and threatening to garnish your wages...you...
Tell the collector that he is violating the Federal Fair Debt Collection Practices Act.
Surrrender of Collateral
Tell the collector that you will talk to him once every two weeks.
Send a Cease and Desist Letter
Call the police.
Delinquency
Repossession
Foreclosure
A collector blocks your driveway with his car... you...
Tell the collector that he is violating the Federal Fair Debt Collection Practices Act.
Surrrender of Collateral
Tell the collector that you will talk to him once every two weeks.
Send a Cease and Desist Letter
Call the police.
Delinquency
Repossession
Foreclosure
A collector calls you at home for the third time in a week....you...
Tell the collector that he is violating the Federal Fair Debt Collection Practices Act.
Surrrender of Collateral
Tell the collector that you will talk to him once every two weeks.
Send a Cease and Desist Letter
Call the police.
Delinquency
Repossession
Foreclosure
To reclaim possession of an item because the borrower failed to make payments:
Tell the collector that he is violating the Federal Fair Debt Collection Practices Act.
Surrrender of Collateral
Tell the collector that you will talk to him once every two weeks.
Send a Cease and Desist Letter
Call the police.
Delinquency
Repossession
Foreclosure
An overdue payment is called:
Tell the collector that he is violating the Federal Fair Debt Collection Practices Act.
Surrrender of Collateral
Tell the collector that you will talk to him once every two weeks.
Send a Cease and Desist Letter
Call the police.
Delinquency
Repossession
Foreclosure
In a bankruptcy proceeding, a person or debtor gives up property of some value in exchange for a clean slate:
Tell the collector that he is violating the Federal Fair Debt Collection Practices Act.
Surrrender of Collateral
Tell the collector that you will talk to him once every two weeks.
Send a Cease and Desist Letter
Call the police.
Delinquency
Repossession
Foreclosure
A collector calls you at 7:30am.. you ...
Tell the collector that he is violating the Federal Fair Debt Collection Practices Act.
Surrrender of Collateral
Tell the collector that you will talk to him once every two weeks.
Send a Cease and Desist Letter
Call the police.
Delinquency
Repossession
Foreclosure
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