Legal Question in Credit and Debt Law in Virginia

Mortgage Co. Harassment

Our mortgage is due on the 1st day of each mo. and a late charge is posted after the 17th if payment has not been re-

ceived. The mortgage has just been sold to a new company and have just made the second p'ment. My payment was mailed

10/6/03. On 10/7/03 and 10/8/03 the new mortgage co. has called to say that they have not received p'ment yet. Do they have the right to keep harassing me because they have not rec. a p'ment, even though it is not past due?


Asked on 10/08/03, 10:39 pm

1 Answer from Attorneys
Daniel Hawes Hawes & Associates

Re: Mortgage Co. Harassment

yes. restrictions on debt collection apply only to persons collecting debts on behalf of someone else. and, in virginia, banks (which term includes mortgage lenders) are exempt from the provisions of the virginia consumer protection act.

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Answered on 10/09/03, 5:27 am


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