Here at Morgan Legal Group PC NYC, we’re committed to providing clients with high-quality, reliable legal services that can be used in a variety of professional settings; we accordingly boast a number of experienced and knowledgeable debt defense attorneys in our ranks.
If you’re unsure of the legal service that you need, or if you’d simply like to learn a little bit more about debt defense attorneys, the following information is sure to help.
What do debt defense attorneys do?
Debt defense attorneys are attorneys that specialize in defending clients that have been accused of owing an outstanding debt to a person, company, or entity. Debt defense lawyers are well-versed in the law generally, as well as their state’s particular financial statutes, regulations, and requirements. This knowledge, as well as an abundance of other information, is required for debt defense attorneys to provide the best possible services to clients.
Depending upon a variety of case-specific circumstances and factors, debt defense attorneys may negotiate a reduced debt settlement, cause unjust fees and fines to be removed from a debt, prove that a debt is void, or otherwise reduce the financial burden of a defendant to his or her creditor(s).
Because these potential benefits are valuable to such a wide variety of individuals and groups, it’s not uncommon for sole clients, companies, and organizations alike to hire debt defense attorneys when they need to do so.
Morgan Legal Group PC NYC’s debt defense attorneys know the ins and outs of New York’s numerous financial laws and regulations, and are able to provide intelligent and careful legal services.
When should a debt defense attorney be hired?
There’s not a clear-cut answer to this question, but if you feel like baseless debts have been levied against you, or like your debts have been exaggerated or unfairly amplified, it might be a good idea to meet with a debt defense attorney—at least for a free consultation.
Similarly, many clients hire debt defense attorneys when creditors incorrectly claim that they’ve violated rules and agreements, and/or when they are faced with a debt that they don’t believe they can afford to pay.
Furthermore, debt defense attorneys are also hired in instances wherein unknown debts are mistakenly or illegally levied against a client, and wherein prior owed debts are found to have been handled improperly by a creditor.
Once again, every person and situation is different, but if you think you may need to hire a debt defense attorney, it could be worth receiving additional information from a nearby professional.
Can debt defense attorneys help with unfair and/or harassing debt collectors?
Besides aiding clients who’re being sued for debts in a court of law, debt defense attorneys can provide assistance to individuals who’re being subjected to unfair and/or harassing debt collection practices.
These practices include continuous contact relating to a debt, threatening contact relating to a debt, harassing contact relating to a debt, and more. Most states have enacted laws regulating debt collection, and several such laws have also been enacted at the federal level (and therefore affect each state in the country). It’s the duty of creditors to comply with these laws, and if they fail to do so, they’re liable for their violation(s).
If you’re unsure of whether or not a debt collection practice is unfair and/or harassing, then contact the specialists at Morgan Legal Group PC to help guide your path.