What is a Debt Collector?

Written By Melissa Cook
Jan 17, 2023
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A debt collector is an entity that tracks down and collects payments on overdue debts. A debt collector may be an attorney, a credit collection agency, or even the original creditor, depending on the situation. Debt collectors are responsible for collecting past due debts from individuals, businesses, and other organizations. Generally speaking, a debt collector will contact a debtor in writing to try to collect payment; if payment is not forthcoming, they may resort to legal action or pursue other methods of collection. Collectors are also required by law to follow certain guidelines when dealing with debtors so as not to violate consumer protection laws. It is important for consumers to understand their rights when dealing with debt collectors so that they can protect themselves from potential abuse or harassment.  Knowing the laws and regulations that protect consumers from abusive debt collection practices can help to reduce the stress of dealing with collectors. It is important for anyone dealing with a debt collector to understand their rights, as well as the implications of not paying off debts in full or on time. Understanding how debt collectors operate is a key first step in protecting oneself from potential abuse.  By understanding the law and educating yourself, you are better equipped to protect your financial interests and manage your debt more effectively.

Can a debt collector sue you?


Yes, debt collectors can pursue legal action in order to obtain payment on an overdue debt. However, a collector must first send written notice of the debt and provide information about how the consumer can dispute or pay off the debt before taking any further action. If a debtor does not respond to the notice or attempts to dispute the debt in writing, then a collector may take legal action. Depending on state laws, this could involve filing suit against the debtor and seeking a judgment for payment. It is important for consumers to understand their rights when dealing with debtors so that they can protect themselves from potential lawsuits and harassment. Knowing the laws and regulations that protect consumers from abusive collection practices can help reduce stress when dealing with collectors. Consumers should also be aware of their state’s statute of limitations on debt, as this can also limit a collector’s ability to sue. By understanding the law and educating yourself, you are better equipped to protect your financial interests and manage your debts more effectively.   If you believe that a debt collector is in violation of any applicable laws or regulations, it is important to contact an attorney right away so that they can help you protect your rights.  Having legal representation can give you peace of mind and ensure that your rights remain protected. It is never advisable for consumers to ignore debt collectors or evade attempts at collection; rather, it is best to work with collectors and seek legal advice when needed in order to best settle any outstanding debts.


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Americor provides debt solutions to thousands individuals and families all over the country. We’re a next-generation debt relief company with a proprietary platform designed to help clients get out of debt quickly. Together we’ll develop a strategy for you to enjoy a debt free lifestyle. Learn more about how Americor can help relieve the burdens of debt today.

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We provide debt resolution services. Our clients who make all monthly program payments save approximately 40 – 50% of their enrolled debt (average of 43%) upon successful program completion, before program fees. Fees are based on a percentage of your enrolled debt at the time of starting the program and range from 15%-25% of your enrolled debt. Programs range from 20-48 months. Clients must save at least 25% of each debt due to an enrolled creditor before a bona fide settlement offer will be made. On average, clients receive their first settlement within 4-7 months of enrollment and approximately every 3-6 months thereafter from when the prior debt was settled. Not all Clients complete the program. Estimates are based on prior results and may not match your results. We cannot guarantee that your debts will be resolved for a specific amount or percentage or within a specific timeframe. We do not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting, legal advice or credit repair services. Our program is not available in all states; fees may vary by state. Some programs may be offered through The Law Firm of Higbee & Associates d/b/a Advantage Law. The use of debt resolution services will likely adversely affect your credit. You may be subject to collections or lawsuits by creditors or collectors. Your outstanding debt may increase from the accrual of fees and interest. Any amount of debt forgiven by your creditors may be subject to income tax. Clients may withdraw from the program at any time without penalty and receive all funds from their dedicated account, other than funds earned by the company or fees paid to third-party service providers, as may be applicable. Read and understand all program materials prior to enrolling. Certain types of debts are not eligible for enrollment. Some creditors are not eligible for enrollment because they do not negotiate with debt relief companies. To determine the offers you may be eligible for, Americor conducts a “soft credit pull.” This credit pull does not impact your credit score, creditworthiness, or ability to obtain credit from other sources. The soft pull is not a tradeline entry, it does not report against your score and will only take a few minutes.

Americor Funding, LLC (18200 Von Karman Ave, 6th Floor Irvine, CA 92612) is fully accredited by the Better Business Bureau (BBB), the American Fair Credit Council (AFCC), and the International Association of Professional Debt Arbitrators (IAPDA). CA Department of Financial Protection and Innovation (DFPI) License # 603K913.

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