29
Aug

When to Seek Help From a Debt Defense Attorney

Published by Loan Lawyers

The vast majority of Americans are in debt. Some of these individuals will never seek any kind of legal assistance regarding their debt issues, however. They have a misconception that unless they are being sued or their debt is above some threshold limit, that there is nothing an attorney can do for them. They have spoken to other people in similar situations who ended up resolving their issues through bankruptcy, and they think that that bankruptcy is the only option they have. Consequently, they never call an attorney and the debt problem keeps getting worse and worse.

All the while, the person is worrying about an issue that could have been resolved in a variety of ways by a competent consumer protection attorney. While bankruptcy may be an effective tool to resolve debt issues, it may not be the best option for everyone. A well-rounded consumer protection law firm can offer solutions that the person may never have imagined were at their reach.

For instance, it is not uncommon for an individual to walk in to our office with thousands of dollars in debt and walk-out debt free and with money in their pocket. How can this be? Because at Loan Lawyers we do not just focus on how indebted an individual is, we scrutinize the behavior of the debt collectors. There are several consumer protection laws that regulate everything from when a debt collector is allowed to call to what they are allowed to say to you. Amongst these laws are the Telephonic Consumer Protection Act, the Fair Debt Collection Practices Act and the Real Estate Settlement and Procedures Act. When an individual comes in for a consultation, we make a full analysis of their financial matter. If we find that a debt collector has violated any of these laws, we can sue them in Federal court on a contingency basis, meaning, our client does not have to pay any costs or fees up front. Moreover, if there is no recovery made in the case, the client would not have to pay Loan Lawyers for costs or fees. Sometimes, the amount we recover in a lawsuit is more than enough to cancel the original debt.

There are sometimes opportunities to walk away from debt even in cases where the debt collector has already filed a law suit. Debt collectors oftentimes sue individuals for debt that they purchased from the original creditor. However, oftentimes the debt collector does not have all of the documents that they need to prove that they actually own the debt. We fight vehemently for our clients’ rights and assert all possible defenses and affirmative defenses in the hope that our clients do not get a judgment entered against them and our clients can walk away with zero obligations toward the plaintiff.

For more information on consumer defense please visit our website here. Loan Lawyers has helped over 5,000 South Florida homeowners and consumers with their debt problems contact us to see how we may be able to help you.