Notice: Due to COVID-19, we will be conducting all consultations via Zoom and telephone. We are open and here to help people in these trying times.
Please don’t hesitate to call us if you have any questions!
Bach Is Your Financial Future.
555 Skokie Blvd Suite 250, Northbrook, IL 60062
PO Box 1285, Northbrook, IL 60062
Contact Us Today!(847) 440-5998
At Bach Law Offices, Inc., we understand how stressful it can be when you are juggling debts and being harassed by creditors for payments you can’t quite make yet. If you are in this situation and feel like it is spiraling out of your control, then you need to uphold your rights as a consumer and fight back to put an end to the annoying calls and letters you keep getting from creditors. Keep reading to find out what you need to know about your rights if you owe money to creditors.
Under the Unfair Debt Collection Practices Act (FDCPA), it is illegal for debt collectors and creditors to do the following:
Although you are entitled to the rights listed above, enacting them does not mean you don’t have to pay back the debt, it only means you don’t have to worry about the calls anymore.
When a debt collector contacts you, ask for proof of the debt they are inquiring about. Don’t make any payments on the debt until you verify that it is valid and accurate. Debt can sometimes be applied to the wrong account or the amount may be inaccurate, so make sure you obtain documentation of the debt from the collector. You should also check to see if the collector is authorized to collect the debt.
Some creditors might be willing to work with you to come up with a repayment plan to pay off your debt. Whether it’s paying one large lump sum payment or smaller payments overtime, you should try to negotiate a deal that won’t exhaust all of your funds.
Have your rights been violated by creditors? If so, you need to get in touch with our attorneys at Bach Law Offices, Inc. to discuss your situation so we can get started defending your rights. We are familiar with these types of cases, and we are prepared to use our extensive legal resources to fight for you.