Accumulating a considerable amount of debt is stressful for many reasons. Some Louisiana residents may worry that they will not be able to afford their basic needs, and on top of that, creditors may be calling in attempts to collect the unpaid balances. While many people hope to ignore creditor calls for as long as possible, knowing their rights may help them handle the situation as they search for debt relief.
It is easy to feel confused about debt and who is owed what. Fortunately, consumers have the right to a written notice detailing what is owed, or proof of debt. Consumers can request this notice to gain information about the amount of debt, the creditor trying to collect, information about when the debt will be considered valid without dispute and other details. Essentially, this notice allows consumers to ensure that the debt is valid.
Individuals also have the right to fair treatment, which means that creditors cannot harass consumers. Though it may seem as if collectors are calling incessantly, they cannot call before 8 a.m. or after 9 p.m., cannot threaten consumers with arrest or other actions, use crude language or commit other harassing actions. If creditors violate this right, the consumer may have reason to take action against them.
Before finding debt relief, many Louisiana residents may face a great deal of stress, especially if it seems like creditors are everywhere. When individuals feel ready to end these issues, they may consider what steps could best help them do so. For numerous consumers, filing for bankruptcy can be beneficial because it can stop creditor calls and allow them to work toward financial stability.