Thwart Unscrupulous Creditors With The Help of A Skilled Miami Debt Defense Attorney

Warding off rancorous creditors chasing outstanding debts can seem to be a lonely battle. However, the truth is, more than 33% of Americans barely play it safe and don't place their heads above water. Contemporary studies show that 35% of people have debt that has past it's due. They place the account in collections. A Miami Debt Defense Attorney excels in credit defense. They know the problem entails a special pronouncement in South Florida, which is one of the worst-hit states during the Great Recession and housing crisis. More than 40% of debt in this state comes from collections, which is considerably higher than the national median.

Start with the basics

People continuing rubbing their nose on the ground and clawing their way out. However, cost of goods remains high, wages and salaries are stagnant, and creditors are in no mood to give anyone a break. However, support avenues are available. You need to know that consumers have the right to get protections against unlawful debt collection practices and improper/unfair credit collection and reporting. A Miami Debt Defense Attorney and credit defense lawyer has lots of experience in taking on creditors violating your rights under the FDCPA or Fair Debt Collection Practices Act, FCRA or the Fair Credit Reporting Act, and FCCPA, the Florida Consumer Collection Practices Act.

On the Act

It's crucial to note that second-hand debt buyers often pursue litigation and collection with little or no evidence to prove that someone owes them money. An experienced Miami Debt Defense Attorney can help you to not just refute and counter such claims, but they potentially help you file a counterclaim for recovering the damages. It includes lawyer's fees. Additionally, if you enter into a collection action, they need to restore your credit.

More on FDCP

If you lag behind your bills, or have creditor record wrongfully indicating your involvement, it's likely a debt collection agency will contact you. When a debt collector contacts you, do remember that the agencies have to comply with FDCPA, which the Federal Trade Commission enforces. The Act covers different types of debts. These include old utility bills, auto loan debts, personal credit card debts, auto loan debts, overdue mortgage payments, and most other household and personal debts. After a period of 180 days, they typically sell these debts to a third-party collection company for some money. This 'pennies on the big dollar' scheme is how the agencies operate. The companies turn around and coerce and pump you to pay the full sum.

The legal help

As per the law, your credit file is strictly confined to those who have a reasonable need to get or access it. On most occasions, this lot includes potential insurers, creditors, landlords and employers. If they use the information in the concerned file against you in any way, you need to have all the information about it. As a consumer, you also reserve the right to request your current credit score and overall rating. You will get a full disclosure of the credit file. A Miami Debt Defense Attorney can help you in this regard. To read more Click Here