Naples Probate Lawyer Blog » Debt law http://www.naplesprobatelawyer.net Fri, 03 Feb 2012 10:47:06 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Debt settlement http://www.naplesprobatelawyer.net/debt-law/debt-settlement.html http://www.naplesprobatelawyer.net/debt-law/debt-settlement.html#comments Thu, 17 Nov 2011 06:59:52 +0000 admin http://www.naplesprobatelawyer.net/?p=234 Debt settlement plays a major role in solving the debts of the debtors with the creditors. It helps to rectify the debts in an easy way without any problem with the creditors. Debt agreement is the easiest way of settlement of debts to the creditors with the involvement of third party. This debt agreement provides many benefits to both debtors and creditors in a low payment. It does not need any advance initially and it does not require any eligibility criteria. It helps to solve the debts without the need of Bankruptcy. As Bankruptcy leads some problems to both creditors and debtors, the debt settlement is a well-being boon for both the creditors and the debtors.
Debt settlementinvolves some important steps to settle the debts of the debtors without any critical situation. Debtors should describe their debts details to the debt agreement provider. So, the debtors can get the proper suggestions to overcome their debts and details about the offers of the creditors based on the debt. When the debtors accept the settlement procedures and the creditors agreed to have the debt agreement, then the debt settlement agent will act on behalf of the debtors with the creditors to solve the debt. The settlement procedure involves deposit of the debt amount by the debtors in their account and the debt settlement organization will begin the settlement of debts if it reaches 30% of the debts. The creditors can gain offers through this debt settlement to get their amount return.
The Agreement of debt is one of the best way for solve the credit card debts without any bad mark in the credit report of the debtors.

]]> http://www.naplesprobatelawyer.net/debt-law/debt-settlement.html/feed 0 Legal Time and Place to Contact a Creditor http://www.naplesprobatelawyer.net/debt-law/legal-time-and-place-to-contact-a-creditor.html http://www.naplesprobatelawyer.net/debt-law/legal-time-and-place-to-contact-a-creditor.html#comments Mon, 02 May 2011 07:14:22 +0000 admin http://www.naplesprobatelawyer.net/?p=165 Is there a specific time and place where the debt collector may not contact a creditor? Yes. Your attorney would be able to help you understand that contacting you at inconvenient places and at unearthly hours is not legal as per the directives of the Fair Debt Collection Practices Act. If you are not quite sure whether the time and place of contact was not legal, you need to consult a Florida Debt Collection Attorney to know this. The only exception when it is legal is if you give it in writing or the court grants permission to the debt collector in this regard.

]]> http://www.naplesprobatelawyer.net/debt-law/legal-time-and-place-to-contact-a-creditor.html/feed 0 debt collection laws and publications http://www.naplesprobatelawyer.net/debt-law/texas-debt-collection-laws-and-publications.html http://www.naplesprobatelawyer.net/debt-law/texas-debt-collection-laws-and-publications.html#comments Fri, 11 Jun 2010 11:51:54 +0000 admin http://www.naplesprobatelawyer.net/?p=58 If you live in Texas and have piled up a huge amount of debt, then you can take the help of various debt relief programs such as debt consolidation Texas, debt settlement Texas etc. But, if you are still lagging behind your payments, then the creditors sell your accounts to collection agencies. Then the debt collection agencies contact you in order to collect unpaid debts from you.

Federal Trade commission passed Fair Debt Collection Practices Act (FDCPA) when they observed that the debt collection agencies were using unethical methods to collect debts from the consumers. You should know that FDCPA is applicable to collection agencies in all the states. Therefore, debt collection practices in Texas must comply with FDCPA.

Debt collection laws

The debt collectors want to get back unpaid debts from you. They offer an alternate payment plan so that you can pay back your debts. You can go for debt consolidation Texas and repay your debts. In spite of that, it is better to discuss with a reputed debt collection law firm so that you will have an idea about your rights. Here are the few debt collection laws that you must know:

  • Threats or coercion: While collecting debts, a debt collector cannot use threats, coercion, violence or other criminal means that may cause harm to a person or property of a person. They can’t threat to take criminal action against the consumer when he has not violated a criminal law. Also, the debt collector cannot threat the consumer that he will be arrested for non-payment of consumer debt without any proper court proceedings.
  • Harassment: While collecting debts, the debt collector cannot harass, oppress or abuse the debtor by using obscene or abusive language. A debt collector cannot call a consumer without disclosing his name.
  • Time: A debt collector cannot contact a consumer before 8am and after 9 pm in a day without his permission. Also, the collector can’t call the consumer repeatedly.
  • Deceptive representations: A debt collector cannot use deceptive representation while collecting debts. He cannot falsely represent the amount or legal status of debt; falsely represent that he is an attorney, and falsely represent that nonpayment would result in wage garnishment.
  • Third-party: The debt collectors can contact third parties only when they are unable to reach you. However, they can contact third parties only once.
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