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Jul 13
2010
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The Court System’s Latest Headache: Debt-Collection Suits - Law Blog WSJ:http://bit.ly/bOe1E1
As Pete Barry said at NACBA in San Francisco in May, Debt Collectors in a recession are like dogs you don't feed...they start chewing on the furniture. Who's the furniture? Consumers! My Clients! Due to the increased number of debt buyers, the lawsuits are now coming in greater numbers, putting even more pressure on cash strapped consumers trying their best to keep current.
As Dick Rubin states in this article (a longtime expert just like Pete Barry from Minnesota), it is a factory approach to practicing law. Note the NY firm mentioned files 80,000 lawsuits a year!
So what does this mean? It means that if you are behind on debts and can't catch up, a debt collector lawsuit is more likely than ever. With more debt collectors suing first and asking questions later, get PROACTIVE! Explore your options and speak with an experienced Consumer Bankruptcy Attorney.
At BAKER LAW, I serve, counsel and represent clients in Greater Central Florida, including counties of Orange, Seminole, Osceola, Lake, Brevard, Volusia and Polk. We serve many cities including, Winter Springs, Winter Park, Maitland, Altamonte Springs, Sanford, Oviedo, Orlando, Fern Park.
As a federal debt relief agency law firm, we help people solve debt problems so visit us at www.legalquestion.com and read some of my blogs that may help you. You can also follow me on Twitter at twitter.com/BakerLawFL for the latest information on these issues.