It is nearly impossible to overestimate the effect that debt has on families across Nashville. It’s not just about falling behind on one or two bills; it’s also about the strain that debt can put on marriages and families. Financial troubles can cause enormous amounts of stress and anxiety, not to mention the fear that can come with being in danger of losing a home and other assets.
To make matters worse, many people in this situation will also be dealing with constant calls from creditors. Every phone call or letter can spark an instant feeling of panic and it can feel like you are trapped. However, there are ways to deal not only with debt but also with creditors by speaking with an attorney.
Creditors are required to comply with strict regulations when it comes to contacting people in debt and discussing the amount in question. The Fair Debt Collection Practices Act is in place to protect people from harassment or abuse from creditors.
Unfortunately, debt collectors are typically far more familiar with what they can and cannot do under the FDCPA than you may be, putting you at a disadvantage. In order to level the playing field, you should know that you have the right and the option to speak with an attorney at our law firm who is also quite familiar with debt collection practices.
In addition to helping you understand your rights, we can also help you understand your options for putting a stop to creditor harassment. This might include filing a complaint or even filing for bankruptcy protection, which immediately prohibits creditors from taking any further action against you.
We understand that the combination of being in debt and the barrage of calls from creditors can be overwhelming; you may be tempted to try and handle the situation alone or ignore it and hope it goes away.
However, before you give up or further jeopardize your financial future, we encourage you to visit our website to learn more about how our law firm and how we may be well-positioned to help you deal with this difficult situation.