Law Office of Paul Petrillo
Contact Us Today 603-635-4149
Menu Contact

Creditors may lie to or abuse people suffering with debt

It's official. You are worried about debt. If you are not, someone nearby certainly is. A study of financial stress showed that New Hampshire residents are suffering emotional stress because they are concerned about paying back debts. The only financial stress equal to debt is worrying about not being able to afford a life-event emergency.

Owing money to lenders, creditors or even personal friends is often part of getting a life on track or pursuing a new venture. Many people are not concerned as much about their level of debt as they are with the consequences of owing. New Hampshire's Department of Justice has identified several debt collection practices that can border on abuse.

Constant calls to debtors' phones or homes, combined with the harassing and occasionally deceptive tones of these interactions, cause a lot of emotional stress for people who owe as well as their families. Some creditors or collection agencies may use foul language, target their calls for bad times like dinner or night and lie to get information or extract payment.

Regardless of debts, these practices are unethical and may constitute a breach of contract or even a criminal act. Debtors should always remain calm, keep control and record details of suspect interactions, so they can be reported to the Department of Justice.

An attorney can help judge the positions of creditors and debtors while finding the best way out of a tough situation. Debt restructuring, managing creditor demands or filing for bankruptcy is often more effective for debtors when they have legal representation on their side.

No Comments

Leave a comment
Comment Information

Start Your Case Today

Whether you have a family law issue, an estate planning question or are considering bankruptcy, I can help you find a sustainable solution that provides relief and hope. Schedule your consultation at my Nashua, New Hampshire office today by calling 603-635-4149 or by sending us an email.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

email us for a response
Law Office of Paul Petrillo