Are you receiving collection letters while working with a bankruptcy attorney? Save every single letter, even though you will have a lot of paperwork piling up.
Your bankruptcy attorney needs these letters because they could benefit you. Let’s take a look at why you should save collection letters and share them with your attorney.
Some Collection Notices are Unlawful
The first reason your attorney needs these letters is to review them and ensure your creditors are following the law. Federal law limits debt collection efforts and makes it clear that creditors are breaking the law under certain circumstances.
Creditors are governed by the Fair Debt Collection Practices Act. As such, they’re required to only send collection letters that are truthful, correct, not misleading, and do not provide false information.
Many collection companies, however, skirt these rules and do not comply. They might send you something that appears to be from a government office when it’s really from a for-profit collection company. Or they might misstate the amount you owe or the penalties for not paying.
Your Bankruptcy Lawyer Reviews Letters with an Experienced Eye
At the Law Offices of Sawin & Shea, we provide our clients with the service of personally reviewing each of these collection letters to see if they’re in compliance. If not, you could potentially turn the tables on your creditors and sue them for improper collection notices.
This is a significant level of compensation you could potentially receive, aside from your other arrangements for your bankruptcy. By law, you can recover substantial monetary damages of $1,000 or potentially more, depending on the nature of the letter and violation.
Stand Up to Debt Collectors Who Don’t Follow the Law
This is an opportunity to prevent creditor harassment and hold creditors and debt collectors accountable for a failure to follow the law. As you can see, it’s a valuable bankruptcy strategy that arises from hiring the experienced bankruptcy attorneys at Sawin & Shea.
Call us today for a free consultation. We’re here to help you manage the paperwork in your bankruptcy, minimize your hassle, and make sure your creditors are respecting the law.
Sawin & Shea—Indianapolis Bankruptcy Attorneys
Filing for bankruptcy is not the end. It’s the beginning of a new financial life for you. The Indiana bankruptcy attorneys at Sawin & Shea can help you get rid of overwhelming debt and advise you on life after bankruptcy. We are here for you during this life-changing process.
Please do not hesitate to call us today at (317) 759-1483 or send an email for a free consultation. We are ready to help.
Video Transcript:
Good afternoon. This is Richard Shea with Sawin & Shea. As you’re looking at your information after you’ve retained our office, we have asked you to set aside and save any and all collection letters that you are receiving.
You’re maybe wondering why am I doing this? This is a lot of paperwork to gather up and provide to the office. Well, the reason why we ask for this information is so that we can make sure that we’re protecting you and also potentially turn the tables on your creditors and sue them for improper collection notices.
Creditors are governed by the Fair Debt Collection Practices Act. And as such, they’re required to only send collection letters which are truthful, correct, and are not being misleading or providing false information. Many time collection companies, though, skirt these rules and do not comply. And if that is the case, and one of the reasons why we ask for these collection letters is so that we can personally review each of these letters to see if they’re in compliance.
If those letters are not in compliance, we can then turn the tables and we can sue that collector, and you can recover substantial monetary damages of $1,000 or potentially more, depending upon what the nature of the letter and the violation is. If you have questions, please give us a call back, (317) 255-2600. Thank you.
