If you hire our law firm for debt settlement, we negotiate with your creditors and try to settle the debts one at a time and you keep control of your money. The creditors will not be allowed to call or otherwise harass you if we represent you and if you are ever called by a creditor you simply notify us and we contact the creditor and instruct them to cease communicating with you. Many creditors file lawsuits and if you have a law firm on retainer you will be one step ahead of the creditor.
http://www.debt-settlement-attorney.com/ - Mar 1, 2013 9:25:21 PM - Jul 16, 2011 7:01:32 AM
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September 7, 2012
Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.
In the U.K. you can appoint an Arbiter or legal entity to negotiate with the creditors. Creditors often accept reduced balances in a final payment and this is called full and final settlement but with debt settlement the reduced amount can be spread over an agreed term.
Debt settlement is often confused with debt consolidation or debt management. In debt consolidation and debt management, the consumer makes monthly payments to the debt consolidator, who takes a fee and passes the rest on to the creditors; this way, creditors continue to receive payments each month. In debt settlement, the consumer makes monthly payments, out of which the debt settlement company takes its fees for the legal work or negotiation and payments are paid to the creditor.
September 6, 2012
Seven Ways To Defend a Debt Collection Lawsuit
What happens when you are sued by a debt collector? While it may feel like the end of the world to you, it’s a pretty routine occurrence in courts across the country. “Most debt collection law firms file hundreds of lawsuits a day, assuming that 99% of defendants will not answer,” explains Atlanta bankruptcy attorney Jonathan Ginsberg.
While it would be easy to dismiss these as simply a matter of debtors getting what they deserve, it’s not always cut and dried. It’s not unheard of for a debtor to be hounded by multiple collection agencies for the same debt. Or “zombie debts” may show up in court years after the debtor defaulted.
A recent New York Times story compared the recent spate of debt collection “robo-lawsuits” to the “robo-signing” mess in the mortgage industry and quoted Brooklyn Civil Court Judge Noach Dear as saying, “roughly 90 percent of the credit card lawsuits are flawed and can’t prove the person owes the debt.”
September 4, 2012
Texas Woman Can't Sue Over Silent Voicemail
HOUSTON (CN) - A south Texas woman cannot sue the debt collector she says engaged in the "highly offensive" conduct of leaving a silent voicemail on her answering machine, a federal judge ruled. Brenda Garza filed a federal complaint against collection agency MRS BPO L.L.C. fka MRS Associates Inc. in order to stop what she called "its violative behaviors."
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION
BRENDA GARZA, Plaintiff, v. CIVIL ACTION H-12-1057 § MRS BPO, LLC, F/K/AMRS ASSOCIATES, INC.,
Defendant. § MEMORANDUM OPINION & ORDER
August 31, 2012
League City couple owes nearly $20,000 in back rent, suit says
GALVESTON – Richard and Judy Lehman are suing League City locals Sandra and Chris McGowan in an effort to recover approximately $20,000 in unpaid rent.
Recent court documents filed Aug. 24 in Galveston County Court at Law No. 3 say the McGowans reportedly owe the Lehmans $19,530.
Both parties entered into a lease on rental property in League City on Mar. 6, 2006, which required the defendants to pay $1,050 a month.
The Lehmans allege the McGowans started to lag on their monthly rental payments in April 2007, stating the respondents “consistently made promises that payment was forthcoming” when confronted.
July 19, 2012
Paying With Credit Could Cost More
Your everyday purchase could soon cost you more at the cash register when paying with credit cards.
Visa and MasterCard, two of America’s largest credit card companies, have settled a lawsuit with retailers. The suit claimed retailers were being charged too much in processing fees every time a customer would swipe their card.
The settlement will allow the stores to recover the fees by passing the cost directly to the shopper.
July 17, 2012
What To Do When Creditors Call
The economic downturn has left many Rhode Islanders unable to meet their monthly bills. While juggling money every month can be stressful enough, that stress increases when debt collectors come calling. Knowing your rights can help you tackle the problem head on.
Generally speaking, after about three to six months of non-payment, creditors will turn an unpaid bill over to a debt collector -- a third party that attempts to collect the unpaid bill. These third parties are subject to the Fair Debt Collection Practices Act (FDCPA) a federal law that protects consumers from deceptive, unfair and abusive collection practices by debt collectors.
July 13, 2012
District Court Dismisses Debt Cases Against Marylanders
Maryland's District Court has tossed out nearly 3,600 debt-collection cases against state residents — with about $7.8 million in claims — as a result of a settlement with regulators over alleged violations.
District Court Chief Judge Ben C. Clyburn said in a statement Wednesday that the cases, brought by sister companies LVNV and Resurgent Capital Services, are eligible to be filed again later because they were dismissed without prejudice.
LVNV buys consumer debts while Resurgent tries to collect. Both are owned by the Sherman Financial Group.
July 11, 2012
LVNV Funding sues over delinquent credit card account
LVNV Funding has filed a lawsuit against Nederland resident Lynn Uzee, alleging she refuses to pay a credit card balance of more than $9,000.
The suit was filed July 3 in Jefferson County District Court and alleges the defendant was advanced dollar amounts on a credit card account.
Court records show that on May 3 the plaintiff sent a letter to Uzee demanding payment in full of the account. However, no further payments have been made.
July 9, 2012Texas attorneys say bankruptcy filings could rise again
Texas has not seen the deluge of Chapter 11 fillings that other areas of the country have witnessed over the past few years, say bankruptcy attorneys practicing in the Lone Star State.
“We’ve seen some fallout,” says Martin A. Sosland, a partner in the business finance and restructuring division of Weil Gotshal & Manges LLP in Dallas. But Texas has not seen “unusually high number” of Chapter 11 bankruptcy filings, he adds.
In fact, between 2010 and 2011, Chapter 11 filings in Texas declined 13 percent, according to Eric Terry, a partner in the San Antonio office of Haynes and Boone LLP .