Which debt relief option is right for you?
FDCPA OR FCRA
Debt collectors are allowed to collect debts owed by you, but they are not allowed to violate law in doing so. You have rights even when you owe a debt.
Credit reports can contain errors that may have negative implications on your credit score and credit worthiness. You have rights to have errors fixed or removed and for credit bureaus to conduct reasonable investigations in ensuring your credit file is accurate.
Creditors use our Pennsylvania Court System as a collection strategy to force people into settlements. People tend to think they have no real defenses to collection lawsuits and will ignore the collection lawsuit, settle with the creditor, or file bankruptcy to stop the collection lawsuit.
The truth, however, is that people do have defenses that, when properly asserted, can result in a dismissal or stoppage of the collection lawsuit.
We help people determine if bankruptcy is their best option or should remain their last resort.
Bankruptcy is a powerful option to address debts that cannot be resolved any other way. People tend to put off filing for bankruptcy protection because they are told it should be a last resort, but that does not mean you should try unrealistic options that merely cause more stress and allow you to fall deeper into debt.
How one person handles a debt problem does not mean it will work for you. A true debt relief professional will have the knowledge and experience to explore a range of solutions to find the right one for you, or be honest enough to inform you that such methods will not work and why.
At our office, we look at all aspects of a person's situation before advising which debt relief options will work best.
Factors we consider include:
A person's current budget as well as their expected budget in the foreseeable future
The number of credit accounts that have outstanding balances
The types of debts and their overall amount
Whether the credit accounts are delinquent and, if so, how long they have been delinquent
Whether there have been any attempts to collect the debt, including phone calls, letters, or lawsuits