When harassed by a debt collector, stress can easily cloud judgment on how to best respond. Instead, see below about some commonly asked questions that may provide good insight to you with some facts about Louisiana debt collection.
You should always prioritize your payments to things that are essential and necessary for your health and safety, ability to work, and then everything else. As such, first, make sure your mortgage or rent is paid. Having a roof over your head is generally more important than any other expense and one fact about Louisiana debt collection. Next, be sure to pay your car loan if you must have transportation for work. Being able to make more money is very important to lowering any debt including Louisiana debt collection.
Lastly, be sure to pay for the things that are most important to you and bring you value. If you have begun to take out loans for some luxury items, it may be best for you to consider returning those items or selling them if they are not really necessary. Just be sure to do some research on the most you can get in return for them. Some facts about Louisiana debt collection may indicate that unsecured accounts and medical bills can be the last debts to be paid. For more information about how to handle medical debt, see our three part series specifically on that here – part 1, part 2, part 3.
If you are being contacted and harassed by a debt collector, it does not necessarily mean you should pay them first. In fact, this likely means that they may either be a scam artist or be violating the Fair Debt Collection Practices Act (FDCPA) which with the help of a consumer advocacy firm such as Paramount Law you may be able to make them pay you up to $1,000 instead. Either way, if you are being contacted by a debt collector, be sure to contact a consumer advocacy attorney such as those at Paramount Law who best understand the facts about Louisiana debt collection.
In most cases, if a debt goes unpaid, it is just a matter of time before the debt collector will file a law suit against you. Which is why it best to contact an attorney as soon as you see a debt under collections either on your credit report or contacting you via mail or phone. Once a debt collector files a law suit against you, your hands are a little tied by the facts of Louisiana debt collection. You must either pay to hire an attorney or file an answer on your own behalf.
However, if you contact an attorney as soon as you discover a debt collector is attempting to collect on a debt from you, there may be a violation to pursue by a consumer advocacy attorney specializing in Louisiana debt collection laws which may entitle you to up to $1,000 in statutory damages and require the debt collector to release the debt.
If you are ever not absolutely certain what your best option is, it is best to contact a consumer advocacy attorney such as those at Paramount Law as soon as possible to get the best solution on how to handle the facts about Louisiana debt collection.