A Debt is a financial liability or obligation owed by an individual or corporation (the debtor) to another party (the creditor).
Debts, debtor, and creditor relationships and communications are governed by the Fair Debt Collection Practices Act.
The Fair Debt Collection Practices Act (“FDCPA”) is the main federal law that governs debt collection practices. The FDCPA prohibits debt collection companies from using abusive, unfair, or deceptive practices to collect debts from you.
Accumulating debts such as credit cards and loans can negatively impact your credit score and affect your ability to qualify for a loan, rent an apartment, and obtain a job.
Even after a lawsuit to collect a Debt is filed against you, there are options and legal defenses available to you Debt, we highly recommend you contact an experienced debt defense attorney to educate yourself about your rights as a response needs to be filed in court in a timely manner in order to avoid a default.
Our firm is here to prevent you from being a victim of unfair or deceptive debt collection by creditors and provide you with the best defense possible to achieve debt resolution. Call us today and allow us to help in navigating debt resolution options and protecting you against abusive collection practices.