Fighting Aggressive Debt Collection Agencies
If the debt has already been turned over to an aggressive debt collection agency, our business debt settlement lawyers can challenge the agency’s tactics. Debt collectors will make repeated attempts to collect the debt, calling and mail the debtor in what is often a very aggressive manner. The debt collection agency may even file a lawsuit against the debtor if their aggressive tactics are not reaping results.
Often the aggressive actions by debt collection agencies are unethical or contrary to law. At McFarlin LLP, we are familiar with commercial debt collection laws and rules of ethics and work to stop these unsavory tactics in their tracks.
The Fair Debt Collection Practices Act (FDCPA) protects consumers with outstanding debts by prohibiting debt collectors from harassing debtors. While the FDCPA does not apply to commercial debt collectors, the activities of commercial debt collection agents may still be subject to regulation.
The agency may violate the standards of the Commercial Collection Agency Association (CCAA), which is responsible for supervising the activities of commercial debt collectors. If the agency is certified by the CCAA and wants to keep that credential, they must adhere to the CCAA’s ethics. In addition, there may be state licensing requirements and regulations that the debt collection agency must follow.
The attorneys at McFarlin LLP know how to protect your interests and fight for your rights, especially when there is a case to be made that the debt collection agency violates ethical or licensing standards.
Contact McFarlin LLP Today to Settle Your Debt
If your business is struggling with commercial debt, the attorneys at McFarlin LLP can help. We will protect your interests while working with your creditors to find the best solution possible to settle your debt through a repayment plan that works for you.