Are your bills piling up? Are you getting past-due notices and calls from collections agencies? If you cannot afford to pay your debts, then your creditors (the companies to which you owe money) will take legal steps to collect what they are owed. But even if you owe money to creditors, you still have legal rights. With the help of a collections attorney, you can enforce those rights and find a way to get the creditors off your back!
Once a bill becomes past-due, creditors will take several actions to try to collect their money. These include:
There's a lot that a creditor can do to try to collect an unpaid debt. But you still have legal rights.
For example, you can tell a collection agency to stop contacting you by phone or in writing. You can also dispute the amount that owe, forcing the collection agency to stop collections efforts until it can provide proof of your debts.
Additionally, some of your assets can't be seized to pay your debts. For example, your Social Security income can't be seized to pay a consumer debt. And if you file for consumer bankruptcy you may be entitled to keep certain assets.
Your collections lawyer can help enforce your legal rights, negotiate with creditors on your behalf, attempt to get your debt reduced and help you decide whether you're a viable candidate for personal bankruptcy.