Privacy Question

by lynn
(Galveston, texas)

Can a banker tell people other than yourself information about your debt?

Comments for Privacy Question

Click here to add your own comments

May 02, 2010
debt and privacy
by: Gerri

Lynn,

Thanks for submitting your debt collection question on our Q&A page.

Under the Fair Debt Collection Practices Act, a debt collector is not allowed to tell third parties about your debt. The exceptions would be your spouse or cosigner.

However, I assume this is a situation where a bank employee told someone about your debt. While the FDCPA does not apply to creditors collecting their own debts, there may be state laws that apply here. At a minimum, it sounds unethical, and I would hope that employee would be stopped from that kind of behavior in the future.

My best suggestion would be for you to contact a local consumer law attorney with experience in consumer credit/debt collection cases. Find out how to get FREE or low cost legal advice about debt collection from a consumer law attorney here.

Will you let us know what they have to say? You can use the comments link below to update us.


Click here to add your own comments

Return to Debt Collection Questions.

Learn how debt collection laws can help you!
This website does not provide legal advice.
All information is for educational purposes only.
Copyright 2007 - 2017 by Mary Reed and Gerri Detweiler.
All rights reserved.

Disclosure: We may receive compensation for marketing some of the services mentioned on this site. Above all though, our goal is to recommend products and services we believe can help our readers. You can learn more here.