St. Petersburg Debt Collection Defense Attorneys
Fighting to Protect Your Rights When You Need Us Most
If you owe money that you are struggling to pay back, chances are that
you have been contacted at some point by a debt collector. They may have
contacted you via phone, mail, and/or email in an effort to collect payment.
These communications can be aggressive and persistent, but ignoring them
is never a good idea. Without setting up a plan for how you are going
to deal with your debt, you could end up facing some unpleasant methods
of debt collection.
Contact Boss Law at
(727) 877-3188 today for reliable legal guidance from our St. Petersburg debt collection
How Creditors Collect Debts in Florida
Creditors have various methods to try to collect on debts or loans that
you may owe, including:
Property repossession: Failure to make repayments on a loan could result in a loss of a vehicle
or other piece of personal property.
Wage garnishment: If a creditor sues you and obtains a judgment against you, they may collect
on the debt by automatically taking a portion of your paycheck. The garnishment
may be up to 25 percent of your net pay.
Utility shutoffs: Failure to pay a water, electricity, gas, or trash utility on time can
result in a cancellation of services.
Property liens: Liens on real estate are a common way for creditors to attempt to collect
what they are owed. When a lien is placed on a piece of property, the
borrower cannot sell or refinance the property until the lien is paid off.
Tax refund intercepts: A creditor may ask the IRS to take your tax refund before you get it in
order to apply the money to your debt.
Bank set-offs: If you are behind on repayments for a bank loan, the bank may be able
to take money from another account to cover your missed payments.
Frozen bank accounts: A creditor with a judgment against you can get permission to take money
from your bank account
When Is Debt Collection Illegal?
Debt collectors must follow the law when contacting you regarding your
debt. There are limits to what they can and and cannot do, specifically
Illegal debt collection practices include:
- Calling you early morning and late at night
- Contacting your friends, family, and coworkers about your debts
- Lie about the amount of debt you owe
- Pretend to be law enforcement officers
- Threaten you with violence
- Make claims that you'll be arrested if you don't pay up
- Use vulgar and profane language when talking to you
If a creditor has violated the law and used illegal tactics to pressure
you into paying your debts, contact Boss Law for more information on what
you can do.
Requesting Verification of the Debt
If you are being contacted by a debt collector, one potential option you
have for responding is to request a verification of the debt. Under the
Fair Debt Collection Practices Act (FDCPA) you have the right to send
the debt collector a debt verification request. If you submit this document
within 30 days of receiving the notice of the debt, the bill collector
will be required to send you documentation that verifies the debt, such
as an account statement. At bare minimum the debt collector must provide
you with the name and address of the creditor and a description of the
amount that you now owe. Until they respond with appropriate verification,
the debt collector will be prohibited from continuing their collection
efforts against you. Note that this law only applies to debt collectors,
If the debt collector continues their attempts to collect the debt from
you, even though they did not provide this verification, you have the
right to sue them. This could result in an award of up to $1,000. You
could also be compensated for actual damages, court costs, and lawyers’ fees.
Additional Options for Debt Collection Relief
There are several additional options for freeing yourself from the pain
of dealing with debt collectors and creditors.
When you contact Boss Law, we can discuss the following:
Bankruptcy: Bankruptcy provides an automatic stay, which means that while your case
is pending, debt collection agencies cannot contact you or make collection
efforts against you.
Negotiating with Creditors (debt settlement): Debt collectors would rather collect a portion of your debt than nothing
at all. An attorney may be able to negotiate a settlement with a debt
collector in which your entire debt will be regarded as “paid in
full” upon receipt of an agreed upon amount.
Debt consolidation: A debtor can bring together individual debts and liabilities into one
loan, making them responsible for only one payment every month. This could
lead to lower overall payments that are more manageable.
Call Today to Schedule Your Free Debt Solution Consultation
Boss Law has helped struggling borrowers find solutions to their debt for
more than 10 years. Our award-winning firm has been featured on a number
of TV and radio news outlets, including Bay News 9, Fox News Radio, 620
WDAE, and more. No matter what situation you are facing, you can trust
in our St. Petersburg debt relief attorneys to help find the solution
that is right for you.
To get started with a free debt relief consultation, call
(727) 877-3188 today.