It?s tough to watch Wall Street weasel out of the billions of dollars of damage they caused our economy, while the consumer gets harassed for a debt of $500. Wall Street gets off scot-free, but there is no pardoning the consumer of credit card debt, and for this reason, consumers should educate themselves on the Fair Debt Collection Practices Act.
The financial world seems upside down at the moment and it is only going to get worse as the impact of Wall Street trickles down to affect families, young people, single parents and older Americans on fixed incomes. Many consumers are already struggling to make ends meet, and now many will face getting laid off because their company has to cut back on jobs. The level or rising debt concerns many economists, and as debt goes into default collection agencies get very busy with their calling and writing campaigns to collect that debt.
If a debt collector hasn?t come your way, there is a good chance you or someone you know will be dealing with debt collectors soon. Many consumers do not know what is considered fair debt collection practice. Unscrupulous debt collection agencies may choose to use any means necessary to get the debtor to pay. Many debtors feel defenseless and that they are in someway deserving of debt collection abuse. Fortunately, debt collection laws set guidelines on fair debt collection practices. Violations can vary from the very obnoxious harassing phone call to very subtle and not necessarily obvious to anyone unless they were aware of the law designed to protect debtors from such treatment.
Consumers should know the Fair Debt Collection Practices Act was created to protect them from abusive debt collectors. Debt collectors may also violate the rights of persons who aren?t even debtors but are simply relatives to the debtor, or know the debtor. If the abuses cross the line then consumers should take action.
The attorneys of Norman Taylor & Associates have been consumer advocates for over 22 years, helping over 6,000 consumers. The best ally in this scenario is a qualified experienced consumer advocate who knows your rights. Debt collection abuse is a violation of the Fair Debt Collection Practices Act. These vicious debt collectors will only be stopped if enough victims stand up, report the abuse and let the attorneys shut them down. Get an attorney to stop them.
Norman F. Taylor and Associates have been assisting consumers since 1987. At Norman Taylor & Associates, the goal is to provide clients with the highest quality of legal representation. The firm and its associates are experts in both the debt collection laws ? the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). They can provide you the help you need to end debt collection harassment and bring you peace of mind. They represent consumers in Los Angeles, Orange, Riverside, San Bernardino, Ventura and Santa Barbara counties. With a twenty two year history of successful cases, Norman Taylor & Associates has established their reputation as a firm of consumer advocates that get the job done.