– My Most Valuable Advice

The Pro-consumer Lawyer

Almost all consumers loan money from financial institutions and businesses. As debtors, your financial responsibilities require your timely payment of the amount you owe. Most debtors find themselves in the pinch when creditors aggressively remind them of their payment obligation. While just practices exist, some of these third-party debt collectors employ inhumane tactics. Some laws now exist for the prevention of such unfair methods.

Commonly the unsecured debt complicates the relationship between debtors and creditors, since no agreement for the collateral gets secured. Therefore, individuals and companies enlist the help of third-party debt collectors for any financial settlement matter. A portion of the amount owed goes to these collection agencies as payment for their services. They specialize in dealing with those delinquent debtors, who do not fulfill their financial responsibility.

While delinquent debtors were imprisoned in the past that practice no longer exists today. A probable consequence, perhaps, includes the usage of aggressive means by some collectors. This in turn, leads to stress and strain on the debtor’s part. Imagine you are at work and then this unknown number calls you for financial matters, it would be distracting on someone focused on an important task.

Some collectors go through lengths just to contact a debtor at their home. If you were at that receiving end, the reminder can push your patience to its limits. It is like you cannot even have a peace of mind in your safest space. It robs you of your quiet time, making you regret why you got yourself into it in the first place.

Protecting the dignity of debtors, lead to the creation of laws that prevent unjust debt collection practices of collection agencies. One law regulates the frequency, methods and schedule collectors can contact debtors. Debtors can dictate when collectors can communicate with them. It is legal to prohibit collectors from contacting you at work or at home. It is also legal to limit their calls within a manageable number.

Another law can prevent the collection of credit information without the debtor’s consent. This prevents the usage of credit report against a customer who applies for another credit. While businesses are not prevented from asking their customer’s credit score, the purpose and intention needs to be clear and precise.

Consumers can file a complaint against collection agencies once irregularities in the collection practice are observed. You have every right to protect yourself against abusive authorities who step the line between the legal and illegal. You need a reliable lawyer capable of helping you sort out the things for justice to prevail.

This firm specializes in the protection of consumers. The firm has dealt with major credit reporting bureaus who abused their authority over innocent citizens. They know the different laws on the consumer rights, enabling them to level the playing field for their clients. If you were provided inaccurate credit reports, this firm can answer your call for help. If you want to dispute such credit reports, you can ask their assistance for the accurate one to come out.

It pays to know what your rights are as a consumer. Wisely dealing with such things prevents financial problems to occur. The firm can assist you in protecting yourself.

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