Terminologies on Creditor Harassment

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There are certain terms related to creditor harassment which can be explained as follows:

ACH: This term stands for automated clearing house, where payments can be periodically set up for the future
Beacon Score: This is another form of credit score.
Block Party: This is a kind of announcement where the debt collector calls up the neighbors in an attempt to collect debts, although they are forbidden for this act.
Cease and Desist letter: The debtor sends this type of letter to the settlement company asking them not to call them anymore for collecting debt.
Collection Agency: A collection agency is an organization that takes care of collecting the debts if it lies delinquent for a long time.
Consumer protection laws: These laws protect the rights of the individuals by encouraging them to evaluate the market better, and make decisions accordingly.
Debt Collector: One who takes care of collecting debts from the debtors.
A fair debt collection practice Act: It is a federal consumer protection law had helps the customers to be fairly treated by the debt collectors.
State protection laws: These are state laws that aims at protecting the abusive acts of the debt collectors
Statute of Limitations [SOL]: This refers to the fixed period of time where a collection agency has to sue someone for a debt owned.