A debt is a money owed by one person or entity to another. A debt may be owed by an individual to a business, by a business to an individual, or by a government to an individual or business. Debts may be secured by collateral, such as a house or a car, or unsecured, such as credit card debt. A debt collector is someone who is owed money by another person or entity. A debt collector is usually a professional firm specializing in debt collection for another person or entity.
When dealing with debt, it can be challenging to know where to turn. You may have received calls from debt collectors, or even threatening letters in the mail. It can be difficult to know what to do, or how to respond.
Laws Governing Debt Collection in North Carolina
If you are a North Carolina resident, certain laws protect you from debt collectors. These laws are in place to help you deal with your debt and to protect your rights.
The first thing you should know is that debt collectors are not allowed to contact you before 8:00 a.m. or after 9:00 p.m. They are also not allowed to contact you at work if they know that your employer does not allow personal calls.
Debt collectors are also not allowed to harass you. This includes making repeated phone calls, using obscene language, or making threats. If a debt collector is harassing you, you can file a complaint with the North Carolina Attorney General’s office.
When dealing with debt, it is important to know your rights. You should also know that there are resources available to help you. The North Carolina Attorney General’s office has a website that can provide you with more information about your rights, and about dealing with debt.
If you are struggling with debt, there are also non-profit organizations that can help. These organizations can provide you with free or low-cost credit counseling and can help you develop a plan to get out of debt.
If you are being contacted by a debt collector, you have the right to send a written request that the collector stops contacting you. Once the collector receives your request, they are not allowed to contact you again except to tell you that they are no longer trying to collect the debt, or that they are taking a specific action, like filing a lawsuit.
An Attorney Knows Your Rights
If you are being sued by a debt collector, you have the right to appear in court and defend yourself. You should also know that if you do not appear in court, the debt collector may get a judgment against you. This means that the debt collector can garnish your wages or put a lien on your property.
If you are facing a debt collection lawsuit, or if you are being harassed by a debt collector, you should contact a competent debt collection attorney. An attorney can help you understand your rights and protect your interests. A debt collection attorney can help you by:
- Negotiating with the debt collector on your behalf
- Representing you in court
- Representing you in mediation
- Drafting demand letters
- Filing lawsuits
- Obtaining judgments
- Collecting on judgments
- Filing for bankruptcy
The Legal Help You Need
When you are a borrower in North Carolina, you have many choices for debt collection attorneys. However, GPS Law Group should be your top choice. Our attorneys have the experience and knowledge to help you with your debt collection needs. They will work with you to develop a plan to get your debts paid off and will also negotiate with your creditors on your behalf. GPS Law Group will also help you to understand your rights as a borrower and fight to protect your rights.
If you are a borrower in North Carolina and need a debt collection attorney, contact GPS Law Group today at (704) 549-1950 or use our online contact form to send a message and set up a consultation, and get started on your path to financial freedom.
We serve Charlotte, North Carolina, and the surrounding communities.