Are You Being Sued by a Debt Buyer?
We Have Saved Clients Over $100,000 Since 2014!
A surprising number of consumers have never heard the term "debt buyer."
As the adage goes, knowledge is power, and, often, hard-hitting defense
can severely diminish or even extinguish a debt buyer's claim against you.
A debt buyer is a company or organization that purchases defaulted debt
from creditors for pennies on the dollar. Debt buyers purchase hundreds or thousands of delinquent accounts in one
transaction, generally for a fraction of the face value of the debt. Once
the debt buyer acquires your debt from a credit card or loan company,
it stands in the shoes of the original creditor. As such, the debt buyer
attempts to collect the entire amount owed, including late fees and finance
charges resulting in significant profits to the debt buyer.
Our Hartford County Law Firm Has Defended Clients Against Many Major Debt Buyers
The Woods Law Firm, LLC regularly defends debt buyer lawsuits in Connecticut
in both the small claims court and the Superior Court and sues debt buyers
under the Fair Debt Collection Practices Act (FDCPA). Some of the more
prominent debt buyers include, but are not limited to:
- Portfolio Recovery Associates, LLC
- CACH, LLC
- Cavalry SPV I, LLC
- SACOR Financial, Inc.
- Sherman Acquisitions, LLC
- Credit Management Corporation, Inc.
- Unifund Corporation
- LVNV Funding
- Asset Acceptance Corp.
- Arrow Financial Services, LLC
- Crown Asset Management, LLC
- Midland Funding, LLC
- RAB Performance Recoveries
- The Bureaus, LLC
Debt buyers often lack substantiating documentation about the debts they
pursue in court. In order to prevail on a claim for defaulted debt in
Connecticut, debt buyers must establish ownership of the debt and the
validity of the debt, among other things. More often than not, they are
unable to, and, instead, resort to harassment or other illegal tactics
such as misrepresentation to collect debts.
Additionally, we may have the ability to commence a derivative suit under the
Fair Debt Collection Practices Act (FDCPA) to recover statutory and actual damages for any FDCPA violations,
no matter how technical the violation is. We sue debt buyers, collection
agencies, collection attorneys, and anyone else who violates the FDCPA.
Retain Our Credit Card Defense Lawyer in Connecticut Now
Obtain the professional help you need at your earliest convenience and
with the added benefit of a free case evaluation, flat-fee representation,
and, if necessary, customized payment plans suited to your individual
needs. We are devoted to protecting the rights of our clients and taking
the necessary actions to fight their credit card debt lawsuits, as well
as to making our services attainable for all. The Woods Law Firm, LLC
understands the methods that debt buyers and collection attorneys use
to collect debts. If you have been contacted by a debt buyer concerning
an alleged debt, contact our Hartford County debt defense attorneys today for a
free case evaluation.
When we defend lawsuits brought by credit card companies, collection agencies,
and debt buyers, we typically represent clients on a flat-fee basis. What
this means is that the client pays one flat fee for our representation
during the entirety of the case.
Accepting all major credit and debit cards, including Visa, Mastercard,
Discover, and American Express.