There's A New Movement In Town; Should You Fight Your Creditors Too?

Many families have fallen on hard times and, consequently

, had to suffer under the immense burden of creditor calls. However, people like Steve Katz, a former bill collector himself, are ready to take a stand against the illegal practices of creditors.

Steven Katz took his first stand against a bill collector after his credit score had been unrightfully damaged. He filed suit against the collector and took home a $1,000 check for damages. Katz isn't the only person who wants to put a stop to the ridiculous tactics of creditors."

Believe it or not, there is a set of laws that are supposed to prevent creditors from harassing your family members, calling at unreasonable hours, using inappropriate language, and calling you at work. The Fair Debt Collection Practices Act makes these actions illegaland people like Katz are using these laws to fight back against collectors.

Last year, over 8,000 lawsuits were filed against collectors who had violated the FDCPA. Also, the Supreme Court recently made it illegal for creditors to claim ignorance of the law.

This rebellious movement is not, however, an easy way to escape your debt. As long as your creditor can prove that his or her company has a claim to your debt, you must still take responsibility for the debt. Neither ignoring nor suing your creditors makes your debt balance reduce to $0. In fact, it could force your creditors to take more serious actions like garnishing your wages, levying your bank accounts, and going after your property.

Don't forget, though, that creditors have a legitimate claim when asking you to pay the debt. On the other hand, you have a right to deal with your debts how you can. Not only can Illinois or Missouri Chapter 7 put a stop to the actions of your creditors, but it can also eliminate your debts. Bankruptcy creates an immediate shield, protecting you and your family from the effects of your debt and helping you move forward with your life.

You can take action against your debt even before your creditors violate the Fair Debt Collection Practices Act. A St. Louis bankruptcy attorney can help you make a new life for you and your family as soon as you are ready to ask for help. Find free information from reputable attorneys in your area to help you figure out when the time is right to take action.

by: Jim Brown

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