Debt Consolidation

Filing Anti-Trust Claims Against Debt Collectors

When it comes to filing anti-trust claims against debt collectors, there are several things that you need to take into your careful consideration. First of all, it is very important to understand that what anti-trust actions really mean. These are unfair business practices, where third party companies interfere with free market trade. Some of such practices may include allocating customers among businesses, bid rigging, price fixing, and other such things. If you think that the debt collection agency who is contacting you for the repayment of certain debts is also involved in some anti-trust practices, you can file a complaint against them with the Department of Justice. It is very important for you to keep in mind that all type of anti-trust practices are strictly prohibited under federal laws. Following is a brief rundown on some of the basic steps that you need to follow in this regard.

Gather Information

In order to be able to file anti-trust claims against debt collectors, the first thing you have to do is to gather necessary information and learn what the laws actually say about it, what your legal rights are, and what kind of options are available out there as per the federal and state laws. The best way to do this is by visiting the official website of the Department of Justice (DOJ). On that website, you will find a brochure (“Antitrust Laws and You”), which will help you have a clear understanding about the kind of practices that are strictly prohibited under the anti-trust laws. On this official website of DOJ, you will also find a set6 of instructions on how to file complaints in such cases. You can browse through the various types of industry-specific resources available out there, as it will guide you on how to proceed with your actions.

Complaint Must Be Writing

When you are filing anti-trust claims against debt collectors, the complaint must be in writing. There is no way to follow this procedure online. In your complaint, you must include the necessary details as per the instructions provided by the DOJ website, such as the name of the business you suspect is guilty of law violations, your own role in the situation, the nature of the offending practices (“third-party debt collection”), and the names of the businesses involved.

Submitting The Complaint

When it comes to submitting the complaint, you have two choices – you can either send the complaint through email or send it via mail to Citizen Complaint Center, Antitrust Division, 950 Pennsylvania Ave., NW, Room 3322, Washington, DC 20530.

In case you need additional guidance in filing anti-trust claims against debt collectors, you can give a phone call at 1-888-647-3258 to the Citizen Complaint Center.

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