It’s stressful to find yourself in debt. Your creditors have a right to expect you to pay them. When you are delinquent on payments, your creditor may sell your debt to a collection agency for less than the amount you owe.
Debt collectors must comply with the Texas debt collection and federal Fair Debt Collection Practice laws. Debts covered under these regulations include automobile loans, medical care bills, and credit card debt
You can be just one medical bill away from financial ruin, regardless of how careful you may be with your finances, with the rising cost of health care, millions of responsible Americans may be just one accident or illness away from financial ruin.
An attorney can help you better negotiate with creditors and create a more manageable repayment plan. A knowledgeable bankruptcy lawyer can also help you understand your rights as a consumer and assess the statutes of limitation that may apply your debts.