When the clock struck midnight on New Year's Eve, many of us made resolutions to improve our lives in the new year. While resolutions often revolve around health and personal goals, it's equally important to consider our financial well-being.
If you find yourself burdened by overwhelming debt, the new year presents a unique opportunity to take control of your financial future. In Tennessee, Attorney T. Verner Smith can be your guide through the process of debt resolution and/or bankruptcy, offering a fresh start and a path to financial freedom. Understanding the Weight of Debt: The burden of debt can cast a shadow over every aspect of your life, affecting your relationships, mental health, and overall quality of life. Starting the new year with a resolution to address your financial challenges is a proactive step toward a brighter future. Expert Guidance from Attorney T. Verner Smith: Attorney T. Verner Smith, with decades of experience in bankruptcy law in Tennessee, can provide the expert guidance needed to navigate the complexities of debt resolution and bankruptcy. His commitment to clients goes beyond legal expertise, as he understands the emotional toll that financial difficulties can take on individuals and families. Customized Solutions for Your Unique Situation: Every financial situation is unique, and there is no one-size-fits-all solution to debt problems. Attorney T. Verner Smith takes the time to understand your specific circumstances and tailors a strategy to address your debts effectively. Whether it's debt negotiation, consolidation, or bankruptcy, you can trust that the solution will be personalized to meet your needs. Bankruptcy as a Fresh Start: While the word "bankruptcy" may sound daunting, it often provides a legal and structured way to wipe the slate clean and start afresh. Attorney T. Verner Smith can guide you through the bankruptcy process, helping you understand the different chapters and determining the best course of action for your situation. Protection from Creditors: Filing for bankruptcy can offer immediate relief by putting an automatic stay on creditor actions, including collection calls, lawsuits, and wage garnishments. This protection allows you to focus on rebuilding your financial stability without the constant stress of aggressive creditor actions. Rebuilding Credit and Financial Health: Contrary to common misconceptions, bankruptcy is not the end but a new beginning. With strategic planning and responsible financial management, you can start rebuilding your credit and working towards a healthier financial future. Attorney T. Verner Smith provides post-bankruptcy guidance to ensure a smooth transition to financial recovery. As you embark on the journey of a new year, consider making a resolution that will have a lasting impact on your life – resolving to take control of your financial future. With the assistance of Attorney T. Verner Smith in Tennessee, debt resolution and bankruptcy can become stepping stones toward a brighter, debt-free future. Embrace the new year with the confidence that comes from having a dedicated legal advocate by your side, guiding you towards financial freedom. Call us for a free consultation today at (731) 423-1888. It is not uncommon for creditors to unknowingly (and sometimes knowingly) break the law when attempting to collect a debt. When that occurs, the rules are in your favor, and we can help you 'drop the hammer' on them. They can be fined, and in certain circumstances you can sue them for damages.
The FDCPA (Fair Debt Collection Practices Act) was passed to, among other things, " eliminate abusive practices in the collection of consumer debts, promote fair debt collection, and provide consumers with an avenue for disputing and obtaining validation of debt information in order to ensure the information's accuracy." You can read the specifics here. The term 'debt collector' is "any person who uses any instrumentality of interstate commerce or the mails in any business the principal purpose of which is the collection of any debts, or who regularly collects or attempts to collect, directly or indirectly, debts owed or due or asserted to be owed or due another." There are many ways debt collectors can violate the act, including:
Also, if the consumer notifies a debt collector in writing that the consumer refuses to pay a debt or that the consumer wishes the debt collector to cease further communication with the consumer, the debt collector shall not communicate further with the consumer with respect to such debt. The debt collector, may, however, communicate settlement options, or confirm that further efforts are being terminated. Debt collectors may not harass. The debt collector violates the act if they are speaking to the consumer, consumer's spouse, or guardian (if the consumer is a minor) and knowingly uses obscene or abusive language, publishes a list of consumers who allegedly owe a debt, advertises for the sale of a debt to coerce payment, causing a telephone to ring or engaging a person in a phone conversation repeatedly, and/or making phone calls without meaningful disclosure of the caller's identity. False representation: debt collectors also may not claim association with, bonded by, vouched for, or affiliated with the United States or any State with some sort of badge, uniform, or anything similar. There are stipulations within the act, however, that may allow a debt collector to claim their violations were not intentional and were bona fide errors. The preponderance of evidence, however, must be quite convincing for most courts to decide against the consumer. These are just a few of the occurrences that you may be dealing with if being pursued by a debt collector or collection agency. If you feel they have overstepped their boundaries in their efforts, contact us for a consultation at the law office of T. Verner Smith, by calling (731) 423-1888. |
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