Debt Collection Lawyer in Kansas City, MO
Stop Creditor Harassment in Missouri
Whether to a small or large entity, a person who owes money must pay off what they borrowed. If monthly payments are past due dates, creditors will often take extra measures to ask a debtor to pay back what is owed. A Kansas City debt collection lawyer can help stop creditor harassment and protect your legal rights.
A creditor or debt collection company would likely call you or send you a letter demanding repayment. Some, however, would even violate relevant statutes and try to harass you just to collect debts.
If you believe that your consumer rights have been violated, seek legal advice from seasoned Kansas City, MO, debt collection lawyers from the Roach Bankruptcy Center, LLC. They can provide reliable legal representation and advice, especially if a specific lender or debt collection agency threatens to sue or bring you to court.
How to Stop Creditor Harassment
Many lenders will proceed with collection attempts (such as making phone calls or sending past due invoices) if a debt is unpaid for 30 days. After more or less 180 days, they will usually turn the account over to an agency or company offering debt collecting services.
The Consumer Financial Protection Bureau is a government agency that makes sure banks, lenders, and other financial companies treat debtors fairly. This is primarily because it is not uncommon for companies collecting debt to resort to prohibited and unfair collection practices.
You do not have to deal with unfair collectors or debt collection agencies alone. Make sure that your legal rights are protected. If you have questions on unlawful debt collection practices, seek legal help as soon as possible. Our team at Roach Bankruptcy Center, LLC has extensive experience in stopping repossession, creditor harassment, wage garnishment, and providing debt relief. Contact our Kansas City bankruptcy lawyers at (816) 330 2906 today.
What Can I Do About Debt Collection Efforts?
Most of the time, a debt collection company will sue for unpaid debt when it believes it has a good chance of successfully collecting repayment. They would often look into:
- The expected collection amount;
- The ability of the borrower to repay the debt owed;
- The age of the debt;
- The statute of limitations; and
- State law on wage garnishment.
Borrowed money that has not been repaid could make you deal with many unwanted consequences. It is not uncommon for a debtor to be harassed by a debt collection company, which should not be the case. Statutes regulate debt collection law in other areas of law, so these unfair practices often involve identity theft or false credit reporting. As such, seeking legal assistance early on is highly recommended.
If you wish to clarify the legal process of dealing with possible lawsuits, call our bankruptcy law office at (816) 330 2906. Our skilled Kansas City debt collection lawyer at Roach Bankruptcy Center, LLC can help you understand how to stop creditor harassment in Missouri.
Statute of Limitations on Debt
In general, the statute of limitations refers to the limited time that creditors or debt collectors have to file a lawsuit to recover a debt. After this time elapses, the debt is generally considered barred.
In certain states, the statute of limitations is counted after the most recent payment was made, even if it was made during collection. In other places, it automatically begins once you fail to make a required payment or when the loan becomes delinquent. It is essential to remember that even if the statute of limitations has already expired, a court may still award a judgment against you if this statute is not properly raised as a debt defense.
In general, debt collectors can still ask you to pay back what you owe even after the statute of limitations expires. As long as they are not violating relevant debt collection laws, they are generally ‘allowed’ to ask for repayment, either by calling you or sending you letters. However, if a debt collector is filing or is threatening to file a lawsuit for a time-barred debt, they may be violating the Fair Debt Collection Practices Act or FDCPA.
To know more about state laws protecting debtors, call us at (816) 330 2906 and consult with an experienced Kansas City debt collection lawyer.
How Should I Deal With Debt Collectors?
It is not uncommon for a debtor to receive a call from a creditor or collector out of nowhere. If you ever get a call from a debt collection agency asking you to repay a debt you no longer recognize, refer to your records and the debt validation letter to clarify any discrepancy. Doing so will help you determine if you should challenge the debt.
It is essential to be extra careful when you talk with debt collectors. Giving them your bank account and other payment information or simply promising to make a payment may be taken as acceptance of the debt. What you should do, instead, is to collect all information relevant to the debt, such as the amount and monthly payments made. They have a legal obligation to give you information about the debt they attempt to collect, so asking for details can help you determine if the debt is past its statute of limitations.
If you wish to know more about these, seek legal help from competent Kansas City debt collection attorneys. Our legal professionals at Roach Bankruptcy Center, LLC will assess your financial situation and help you determine your best options. Call us at (816) 330 2906 to schedule a consultation today.
How Can Bankruptcy Stop Creditor Harassment?
Depending on your specific circumstance, filing for bankruptcy could be the most appropriate way to stop creditor harassment. If the types of debt that you owe and the assets you own qualify, it might be best to file bankruptcy Chapter 7 or Chapter 13. There are advantages and disadvantages for each filing chapter, but both could help you stop harassment from debt collectors. Talk to our experienced bankruptcy attorney in Kansas City, MO to find out if bankruptcy is right for you.
The Automatic Stay
Once you file for bankruptcy, the automatic stay prevents lenders and debt collection companies from harassing you and collecting debt repayment. Once the automatic stay takes place, it immediately stops all debt collection efforts, foreclosure proceedings, wage garnishment, and car repossession. It will prevent debt collectors from calling you non-stop or sending you numerous letters.
A dedicated Kansas City debt collection lawyer can explain how a bankruptcy case can help you deal with debt collection. Call us at (816) 330 2906 to schedule a consultation with our legal team.
Talk to a Debt Collection Lawyer in Kansas City, MO
Many debtors who lost their jobs or businesses are struggling with debt repayment. Struggling financially can be overwhelming. Depending on your particular circumstance, declaring bankruptcy can be the best option to take. As such, it is advisable to consult with a trusted Kansas City debt collection attorney who can give your case the attention it deserves.