The recession of 2008 caused many people to fall into deep debt. When massive job losses and real estate foreclosures hit the economy, debt collectors followed suit.
As the effects of the recession still linger, these debt collectors continue to abuse consumers in order to pressure them into paying their debts. Illegal intimidation tactics have scared many consumers into paying debts they do not even owe. This problem is especially bad in the cases of consumers with defaulted payday loans.
Both state and federal laws prohibit debt collection abuse and provide remedies to victims of collection abuse. Victims may recover compensation for harassment, embarrassment, out of pocket losses and abuse. These statutes also provide for a variety of statutory awards. Successful cases will also include recovery of attorney’s fees.
You may have a debt collection abuse case under the Fair Debt Collection Practices Act if you have experienced the following:
We handle debt collection abuse cases on a case-by-case basis. Our clients do not pay out of pocket for fees and pay nothing unless we recover damages on their behalf.
We also pay referral fees to referring attorneys. Clients should complete our checklist below before reaching out to one of our attorneys.
This information is used for us to gauge where you are in the process so we can better help you through the process.