StripedLife asked:
On August 29, 2005 my home and belongings washed away in the storm surge of Hurricane Katrina. Prior to the storm I had financed a computer purchase through Dell. This computer was destroyed in the storm. I now have a collection agency threatening legal action to collect for the balance of the computer plus about 2000.00 in finance charges and late fees. My federal flood insurance proceeds did not include any contents coverage at all, only structure damage and loss. I have been told by several people that items lost in natural disasters are exempt from collection action as stated by the Fair Trade Consumer Protection Act. However, I can’t find information on this particular issue anywhere. Can anyone help me, provide assistance, or guidance? I have been all over the FTC website to no avail. Thank you!
Clarence
On August 29, 2005 my home and belongings washed away in the storm surge of Hurricane Katrina. Prior to the storm I had financed a computer purchase through Dell. This computer was destroyed in the storm. I now have a collection agency threatening legal action to collect for the balance of the computer plus about 2000.00 in finance charges and late fees. My federal flood insurance proceeds did not include any contents coverage at all, only structure damage and loss. I have been told by several people that items lost in natural disasters are exempt from collection action as stated by the Fair Trade Consumer Protection Act. However, I can’t find information on this particular issue anywhere. Can anyone help me, provide assistance, or guidance? I have been all over the FTC website to no avail. Thank you!
Clarence
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Posted under Consumer Protection
This post was written by admin on April 7, 2009
