Are you having difficulties with debt, debt collection or debt consolidation? The law offices of Lee M. Perlman, New Jersey bankruptcy lawyer can help.
Is your debt making you depressed? Do you feel trapped in debt with no hope in sight because of unexpected situations exhausting your financial resources? You want to be positive and hope everything will sort itself out in the end. However, the hope soon runs out when your creditors garnish your wages and/or levying on (i.e. collect from) your bank accounts or worse when debt collection agencies begin harassing you for past due payments.
Debt Collection in New Jersey
Debt collection agencies are third party entities that collect debt owed to someone else. They can be independent agencies that bought the original debt when it goes into default or it can be collection attorneys representing creditors. Do not be discouraged because you have rights to protect you from these embarrassing and uncomfortable communications. In New Jersey, there are certain deductions from your earnings, which may not be garnished by creditors. Some of these examples include:
- Federal, state and local taxes
- State pension payments
- Workers’ compensation
- Unemployment insurance
- Social security payments
- Public assistance
The Law and Debt Collectors
Federal law also provides protection against debt collection agencies under the Fair Debt Collection Practices Act (FDCPA). If a debt collector contacts you, they should inform you from the start that “This an attempt to collect a debt. Any information obtained will be used for that purpose.” You have the right to know what exactly you are being asked to pay and request the debt collector to check the debt. All requests must be done in writing.
Under the FDCPA, you can send the debt collector a letter stating that you do not want the collection agency to contact you anymore. Always send all communications by certified mail, return receipt requested and keep copies for your own records. If you have an attorney, debt collectors may not contact you, your relatives or friends but may only communicate directly with your attorney.
Debt Collection Help Now!
Are debt collectors always harassing you? Would you like to consolidate all of your debt? Lee M. Perlman has focused his practice on New Jersey bankruptcy law for 19 years and will gladly assist in your debt difficulties. Do not wait any longer and schedule your appointment today.
Chapters 7 & 13 available even with 2005 law change
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