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If you have received a phone call or a letter from a debt collection law firm, there is no need for you to panic. Many people, if not all, have experienced going through financially hard times, and their phones are ringing nonstop for bill collector tolls. It’s different when you have to talk with the regular collection agencies than when you are contacted by a debt collection law firm. So what exactly do you do to deal with a debt collection law firm? The first thing that you should do when you hear from a debt collection law firm is to stay calm. Do not think that getting a letter from these firms means you are being sued because that is not the case. Around 5% of bad debts are sent to attorneys who are hired to collect debts. These attorneys working for a debt collection law firm must abide by the requirements that have been put in place by the Fair Debt Collection Practices Act or FDCPA. Phone calls and collection letters and the normal collection processes from the debt collection law firm will be your first contact with them, which is usually the procedure before any litigation is started. When you are contacted by an attorney from these debt collection agencies, make sure to carefully read the letter and check whether the debt that are being asked to pay is valid and you actually owe the amount stated. Do not think that ignoring the letter will be a good decision. It will only worsen your case when you would have resolved the issue if you cooperate with them. Do not allow a default judgment to be entered on a credit card lawsuit. If you do not owe the debt, you have to dispute that in writing. You have to send a dispute to the debt collection law firm and make sure to have a copy for yourself for record-keeping purposes. If you do owe the debt and are not capable of paying it, let the debt collection law firm know about it. They will always be willing to help come up with repayment schemes, and sometimes, they can even help you settle the debt for less than what you actually owe. Alternatively, you may be in a position to file bankruptcy, and you will need the assistance of an Orange County Bankruptcy Attorney. Now, if you are sued, the first step to do is to talk with a reliable consumer law attorney that specializes in debt collection. The first consultation will be normally free, and he will help you come up with a plan on how to respond. Since you can speak with a Free Consultation Attorney in California, you should never ignore a notification to appear in court or you are forcing your creditor or collector to get a default judgment that will definitely work against you. That will also give them more power to actually collect from you like seizing your hard-earned salary or by taking your money from your bank accounts and it becomes very difficult to set aside a default judgment. Just like when you are looking for a personal injury attorney Orange County CA or a personal medical physician, you have to make sure that you are dealing with a reliable attorney who will help you deal with the debt collection law firm collecting your debt. Resource Box: Personal injury attorney orange county CA : Dealing properly with a Debt collection law firm not only widens your options for solving your debt problems, it will get a large burden off your shoulders.
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