Shelbyville, Kentucky (PressExposure) May 20, 2011 -- The Firm shows credit card settlement clients that debt validation is legal and authorized by the Fair Debt Collection Practices Act (FDCPA) as part of the Consumer Credit Protection Act.
"Every week we are asked if debt settlement or debt validation is legal," says Robert Jaggers, a Manager at The Firm, "The simple answer is yes because of the FDCPA." The act was created to protect consumers from abusive practices, encourage fair debt collection and to give consumers a way to validate debt information.
One of the pillars of The Firm's debt relief plans it to validate their client's debt. This can help clients to lower their debt by merely finding out if all the debt is actually theirs. Clients may worry about debt validation being legal but it is like checking your receipts as you walk out of a store. The debt relief attorneys are merely making sure that you have incurred this debt because if you haven't, then there is an error that is potentially a violation of the FDCPA. The FDCPA prohibits debt collectors from seeking unjustified amounts.
The Firm helps protect their clients from abusive or deceptive conduct they could receive from debt collectors. It has a national network of lawyers to help you with a lawsuit against a creditor that has violated your rights guaranteed by the FDCPA. Some common violations include a failure to cease communication upon request or contacting consumers known to be represented by an attorney. The Firm encourages its clients to inform them of such violations. When a client signs up to be part of The Firm's debt relief plan then the company sends out a written notice telling the collector to contact the law firm from then on. A violation of this could lead to lawsuits and fines from the Federal Trade Commission.
The Firm also encourages fair debt settlement through its use of the FDCPA. Many credit card companies are willing to settle a debt if they discover a customer may be unable to pay the full debt amount or even the minimum monthly payment. It is like a negotiation for the price of a car or haggling for a trinket at a garage sale. The creditor wants the full price of the debt of course, but they would rather guarantee that you pay a portion of it now rather than you not pay any of it in the long term. Just like at that garage sale, a seller is willing to lower a price to get a sale rather than have you walk away without buying anything.
The Firm strives to protect its clients from violators of the FDCPA and will continue to help them settle their debt through its various debt relief plans [http://debtrelief-program.com/faqs/]. The Firm will fight for your right to settle your debt at a reasonable price under the law.