Offering high-quality, cost-effective representation to consumers throughout Maryland
The Consumer Financial Protection Bureau issued a warning to auto lenders to avoid repossessing vehicles before they are legally allowed to. A representative for the consumer watchdog said that the organization has only seen a small increase in repossessions but wants...
With the high cost of everyday items nowadays, it should come as no surprise that many Americans must reach for their credit cards to make necessary purchases. Indeed, according to reporting from Yahoo!, 14 million Americans have more than $10,000 in credit card debt....
Debt collectors have a difficult job, and they often resort to strange methods in order to get the money they need. However, the Fair Debt Collection Practices Act (FDCPA) exists as a way of combatting debt-collecting behavior from getting out of hand. Unfortunately,...
Financing automobiles is big business in the U.S. Indeed, according to Lending Tree, Americans collectively owe roughly $1.46 trillion on the cars, trucks and SUVs they drive every day. This means car loans account for approximately 9% of all the outstanding debt in...
Getting into a financial bind means you may have to stop paying one or two accounts until you can get back on better footing. When debt collectors start trying to get you to pay back the money you owe, they must do it according to the law. Both federal and state laws...
Debt collectors can be incredibly diligent in trying to contact you about debt. You may become upset over calls you receive. Luckily, federal laws set the rules for how debt collectors may use the phone in their attempt to contact you. Time limits Debt collectors must...
Losing your vehicle to a repossession is a terrible situation, but you do have some rights. It is important to be aware of what the lender must do before and after taking your car. The Maryland Department of Labor explains auto lenders must follow all the typical debt...
If you have missed credit card payments in the past, you may feel a rush of anxiety every time your phone rings or vibrates. After all, you may receive more calls from debt collectors than you do from family members, friends, colleagues or others. Debt collectors...
If you have bills you simply cannot pay, answering the phone and walking to the mailbox may cause you extreme stress. After all, your creditors may have turned your debt over to debt collectors. Debt collectors, of course, do not have reputations for being warm and...
If you have debt collectors harassing you at all hours, you may feel trapped. Most people carry the burden of debt, but it does not help the impact it can have on their lives. According to the Meredith Health Group, debt impacts your physical and mental health. No...