A good friend of my associate forwarded this to her today knowing that we would absolutely love this story.

A West Virginia woman was told she owed a debt that she did not owe and not only did she not pay the debt, she fought back against the harassment and sued the collector. 

Now she is in the process of collecting her judgment against the collectors that attempted to extort her.

For most of our clients they do owe the debt but that does not mean that a debt collector has a right to harass or intimidate you.  If a debt collector contacts you and threatens your life, threatens to jail you, or suggests any other malicious activity they are acting illegally and whether you owe the debt or not you may be able to sue the collector.

If you are having trouble with your creditors calling and threatening you, give us a call at 732-302-9600 or fill our our online consultation and we will talk about what we can do to help you with your troubling financial circumstances be it with an FDCPA action or a personal bankruptcy.

I know that we all saw the story this morning.  A woman in Illinois was jailed for failing to pay a $280.00 hospital bill that she was told she didn’t owe.

Distressing right?

The most distressing part of this article to me was the number of states that were allowing creditors to use the court system to jail people that weren’t paying them based upon technicalities, such as failing to respond to a summons or failing to answer an information subpoena, all while allowing additional surcharges of up to 40% to the debt for their trouble.

That bothers me.  It bothers me because I hate to see consumers abused for being unable to pay and creditors taking advantage of a system that is tilted in their favor because they can afford to use it properly.

It is important that you know your rights when you receive a summons from a creditor.  You have a right to contact an attorney and discuss this matter and the attorney you should contact is a personal bankruptcy attorney.  A bankruptcy attorney can guide you on how to best approach the very scary scenario of having been served a lawsuit that says “YOU MUST RESPOND” across the top.  A bankruptcy attorney can advise you on whether your state will jail you or not for your debt, New Jersey technically will not but the police can force you to fill out a subpoena if you fail to do so and are picked up on another infraction. A personal bankruptcy attorney can also advise you as to whether it is a good idea to fight the lawsuit or if due to additional financial obligations you should simply file personal bankruptcy.

The most important parts of getting in touch with a bankruptcy attorney is that it puts you back on even footing with the creditors suing you and you are taking a pro-active approach to resolving your financial problems as a whole.

If you have been served with a lawsuit by a creditor give our New Jersey Bankruptcy Attorneys a call at 732-302-9600 and we will do all we can to help you.

It was announced today that United State’s student loan debt is over a trillion dollars.

This is staggering.

Worse news for consumers of student loans is that if you default you are in real trouble.  Student loan debt is virtually non-dischargable and  the collection practices are coming under scrutiny as “something that would make a mafia collector blush”.  These are companies that can charge extortion level collection fees and government lenders can garnish and levy upon funds that no other creditor out there can.

Basically, you have to pay these loans unless Congress takes a very drastic position and actually adopts one of the many student loan forgiveness programs that have been presented to it over the years.   So you ask why is a personal bankruptcy attorney telling you that you can’t be helped…well that is because you can.

I may not be able to rid you of your student loans but I can help you with one of the side effects of the student loan problem.  The San Francisco Chronicle cited “Taking Time To Pay Off Consumer Debts” as one of the troublesome side effects of high student loan debt.  Consumers are carrying higher balances and paying higher interest rates on credit cards because they have to pay the student loans first.  We can solve that problem.

In a personal bankruptcy case we can discharge credit card debt, personal loans, and lines of credit you may have accumulated in college so that you can afford to pay your student loans.  I know that this may not feel like much comfort when you are strapped for cash thanks to your student loans but believe me it can help.

Have more questions about how we can help you with your financial issues?  Call us at 732-302-9600 or fill out 5 minute online consultation and we will call you.

I bet you have seen this ad in the newspaper or the sign on the side of a road.  I would also bet that your immediate reaction was something to the effect of “How is that possible?”

Short answer: It isn’t.

A member of our staff took a picture of one of these signs with her cell phone today.  Like a curious citizen, we immediately googled the phone number, found out who it was,  pulled their case record from the bankruptcy court’s website, and discovered that this attorney is doing many things but filing bankruptcy cases for $299.00 is not one of them.

This kind of advertising and signage is how attorneys develop bad reputations.  It  is particularly frustrating to those of us who try to conduct honest, up front relationships with our clients.  This looks like a “a bait and switch” as the flat fee for a bankruptcy case  is the same as the old Chapter 7 filing fee!

The most important advice I can give you as a bankruptcy attorney is that a bankruptcy attorney should prepare your bankruptcy case.

Mr. Truesdale and I can’t prepare your taxes or file your bankruptcy case for $299.00, but we can help you file personal bankruptcy correctly and for a reasonable fee.  Our primary area of practice is bankruptcy.  We don’t make you do your own worksheet, we do that with you. You will be asked to provide us with documentation but if you struggle with finding something you can call us and we will help you as much as we can. You hired us to assist you in preparing a bankruptcy filing and that is exactly what we will do with you.

Call us at 732-302-9600 so we can do the heavy lifting for you and get your financial life on track.