If you are struggling financially, you are probably being harassed by debt collectors. Letters, telephone calls and many other tactics are used by collectors to intimidate and scare you into paying your past due amounts. However, it is important to understand that many of the actions taken by debt collectors are illegal.
The Fair Debt Collection Practices Act (FDCPA) is the primary law that protects consumers against abusive behaviors by debt collectors. Additionally, in 2010 the Dodd-Frank Wall Street Reform and Consumer Protection Act created a government body to supervise the nation’s debt collection industry. This entity is known as the Consumer Financial Protection Bureau (CFPB).
The CFPB is currently undertaking the task of creating stricter debt collection rules. With the advances in technology, such as cell phones being used as consumer’s primary telephones, the rules governing debt collection activities need to be updated. The CFPB is also considering implementing regulations to govern creditors who handle their own collections since the FDCPA only applies to third-party collectors and debt purchasers.
If you have issues with debt collectors or you are interested in pursuing a FDCPA lawsuit, Nathan DeLadurantey and Heidi Miller have attended an intensive seminar called “FDCPA Boot Camp” to sharpen their litigation skills in suing debt collectors. This training provided them with additional knowledge, strategies and tactics to use in successfully handling your FDCPA case.
When you are struggling financially, it is important to understand all of your debt relief options. At DeLadurantey Law Office, LLC
At DeLadurantey Law Office, LLC, we help businesses and families find their way out of highly difficult financial situations. We provide the advice and guidance you need in obtaining debt relief through bankruptcy and debt negotiations. We can also assist you in defending a foreclosure action. Contact us at 414-377-0518 to discuss how our Milwaukee bankruptcy attorneys can assist you.