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Nationstar Lawsuits

Nationstar Investigations Can Cost You, Legally

Nationstar lawsuits are one of the most talked about cases in the debt relief field. Nationstar was a huge collection agency that used a very old and trusted method to collect debts: harassing debtors over again until they finally gave up on their struggle and agreed to pay the original creditors. This is definitely not the approach a legitimate settlement company should be following. Settlement companies have come under fire in recent years because they have encouraged aggressive and unfair collection tactics which are considered to be harassment by the federal government. These new rules were put into place as a means to protect consumers from being targeted by unscrupulous debt collectors.

The original creditors are required to inform the state attorneys general and settle the debt for a lesser amount than what is owed.

However, the state laws also state that the original creditors are still obligated to report any new activity that they find to come up. Therefore, when a debt collector comes calling you or sends you junk mail informing you that you owe thousands of dollars to a group of credit card companies and you don’t even know about it, you may want to believe the worst. You should at least try to find out where the information came from and whether it is correct.

This is why you should look for an agruss law firm if you think you owe money to several different credit card companies.

An agruss law firm will contact each of the credit card companies on your behalf and negotiate with them to reach settlements that fit in line with your budget. Not only does this prevent your debt collectors from harassing you anymore, but it also ensures that the amounts you pay to settle are smaller than those that would have been paid otherwise. The smaller payments that come from the debt collectors leave a little more money in your pocket after your legal issues are settled.

A debt collector can only contact you by mail, phone or in person to collect a certain amount of money.

This means that they cannot call you at work or threaten you with losing your job. The Fair Credit Reporting Act gives you the right to dispute any inaccuracies with your credit report. You can do this by writing a letter to the credit reporting agency and asking them to remove the erroneous information. They are obligated to investigate the matter and should remove the incorrect items within thirty days.

Nationstar is one of the most common credit reporting agencies that is sued by debt collectors for their actions.

If you owe money to Nationstar or other companies like them, you may be entitled to a contingency fee. Contingency fees are designed to reimburse you for your legal expenses and time spent investigating and settling your case. While it is rare to receive a contingency fee, it does happen from time to time when collections agencies sue large companies. If you are faced with Nationstar lawsuits, then you should contact an attorney that specializes in these cases so you can get the best advice possible.

You should also contact the Federal Debt Collection Association for more information about filing a complaint against a nationstar for their actions.

The fdcpa regulates how debt collectors can go about collecting a debt. You can contact the association for more information on debt collectors and harassment cases. They can tell you more about how to protect yourself from being sued.

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