Protect Your Credit, Protect Your Rights
Credit cards, home, boat, car and motorcycle loans and nearly anything else that provides creditors with a steady income stream can be “securitized,” or made into a Wall Street entity / security.
These securities are then divided into shares and sold to large pension funds and other investors. This process can get really complex and in the hurry to make a profit, these companies often fail to complete or track the paperwork that is needed to make sure the debt is legally transferred from one entity to another.
For instance, you may have reached a credit agreement with one entity, and now an entirely different entity is trying to collect on your debt.
That company may not have the documents it needs to prove it has the right to collect on your debt and that means you may have a very powerful defense.
Relief for Wronged Debtors
If your rights have been violated by a credit card company, lender or debt collector, you may be entitled to relief through state and federal consumer protection laws. We can assist you involving:
Federal Fair Debt Collection Practices Act (FDCPA): This act prevents “abusive” practices by debt collectors and allows consumers to collect actual and statutory damages.
Fair Credit Reporting Act (FCRA) & Fair and Accurate Credit Transactions Act (FACTA): These laws regulate credit reporting agencies and the companies who report information to them, and they provide debtors with multiple ways to defend themselves in collection actions as well as to protect their identity, privacy, credit score and credit report.
Consumer Collection Practices Act (CCPA): This act provides ways for consumers to collect actual and statutory damages from unscrupulous actions of anyone trying to collect on a debt.
Deceptive and Unfair Trade Practices Act (DUTPA): This law protects you against unfair business practices or competitive methods and gives you a private right to sue anyone who violates the law.