TCAN Blog

We Are Investigating Debt Collectors Who Demand Full Balance On Loans

Debt Collectors Have Been Caught Breaking Laws

Has a debt collection company threatened to collect the entire balance of your loan? If this is happening to you, the company may be violating a law called the Fair Debt Collections and Practices Act (FDCPA).  If you received a demand for the balance of the whole loan, you may be entitled to money against a debt collection company for using these unfair practices.  Please contact us for a free evaluation using the form on this page, or call us at 424-245-5505.

Background on Potential Violations

Sometimes debt collectors even threaten a lawsuit or taking your property in order to collect the whole balance of your loan. Many consumers have reported numerous unfair debt collection practices like:

-Getting threatening collection letters or lots of telephone calls saying the debt collector is going to accelerate the collection of the full amount of the loan if people don’t pay the entire past due amount of delinquent payments immediately.

-Refusing to accept late payments as compensation for the past due amount, and threatening the consumer with legal action with no legitimate intention of engaging in legal pursuit of loan amount against the consumer.

Potential Class Action

We are investigating potential claims on behalf of consumers who have loans or credit card debt and may have been threatened or abused by third party debt collectors. If you’ve experienced the unfair debt collection practices discussed above, CONTACT US TO FIND OUT IF YOU HAVE A CLAIM by filling out the form or calling 424-245-5505. If we don’t win, you don’t pay any fees.

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