If you have fallen behind on your bills because of losing your job or some unexpected change in your life such as a serious illness, you may be getting more and more aggressive calls from bill collection agencies or credit card companies. If you have lost your ability to keep up your payments or are using one credit card to pay off another, you are already in a situation that can seem to have no way out. To find out how you may be able to handle your mounting bills and end all the harassing collection calls you should call Peter Schaffer at Avenue Law today for a free consultation. We will answer your questions and explain the several options you have available to solve your financial problems.
Under the Federal Fair Debt Collection Practices Act, you have certain legal rights and the bill collectors can often neglect to inform you of these rights. They will not tell you that you have the right to consolidate your bills into one lower payment or that you can reduce or eliminate your interest fees or late charges. They will not tell you about other options you have a legal right to pursue, including bankruptcy or debt negotiation with your creditors to settle for a fraction of what you owe. We can explain these different options and whatever method you decide, the moment we begin the process of resolving your debts, we will notify all your creditors who must them cease to contact you any further and only deal with us.
If you are currently overwhelmed with debts that you cannot pay you may qualify for Chapter 7 bankruptcy protection. Called the debt elimination bankruptcy, you will be allowed to keep your personal assets and have some or all of your current debts dismissed by the court. It can provide a person with a fresh start, debt free and relieve you of the stress and worry about unpaid bills. There are also other ways to end the collection calls and settle with your creditors and we will go over all your options in your consultation.
Contact Avenue Law Creditor Harassment Lawyer today to learn how to end all the threatening bill collection calls and take effective action to handle your debts.