Many individuals are struggling to meet their monthly expenses. An unexpected illness, sudden job loss or economic downturn may be all it takes to seriously challenge your ability to keep your head above water. Debt settlement provides a means to eliminate or reduce most of your credit card debt. From the moment our clients contact us or step into our office, we strive to make them feel better about their financial situation. We want you to feel safe and comfortable knowing that your financial problems will be handled by an experienced attorney with a history of improving the lives of consumers like yourselves. MSC Law Group offers free consultations for people looking for workable solutions to resolve their debt burden.
The FCRA is a federal law that regulates the use of consumer credit information. The purpose of the law is to protect consumers against inaccurate information on their credit reports. There are several important issues related to having an accurate credit report.
The federal law protects you from harassment from debt collectors. If you owe money, you will be called by a debt collector. Debt collectors are allowed to request that you pay the debt; however, they are not allowed to treat you in ways defined as inappropriate under the law. If a debt collector is abusive towards you, he or she may be in violation of the Fair Debt Collection Practices Act, or FDCPA. Contact MSC Law Group immediately to find out what your rights are if you think a debt collector has abused you or otherwise violated the FDCPA.
If you are waning under the pressure of surmounting debt, you are not alone and we understand you did not intend for it to get here. The bankruptcy laws of the United States were enacted to protect individuals who are unable to repay their outstanding debts. Whether filing under Chapter 7, or Chapter 13, bankruptcy provides an orderly process for dealing with your debts. Bankruptcy Stops Creditor Harassment! The filing of a petition for bankruptcy automatically stays, or stops, attempts by creditors and bill collectors to make you pay. This includes stopping foreclosures, repossessions, wage garnishments, and lawsuits. This automatic stay may remain in place for the duration of the bankruptcy proceeding. Meanwhile, the bankruptcy court gathers all your creditors and all your debts together in one place, allowing you to address and deal with them at one time. Whether seeking a discharge of debt or a repayment plan, your creditors will be bound to accept the decisions made by the court without coming after you any more for payment.