F. Paul Maloof, Esquire
A partner with Redmon, Peyton & Braswell LLP
Face it, debt is a permanent part of 21st century life. Everyone incurs debt at one time or another for a variety of reasons. Credit-card purchases are a common cause of debt. In fact, Americans have racked up an average credit card debt of close to $10,000 per household. These debt burdens are often difficult to pay off, and if you don't repay your debt on a timely basis and default on the debt repayment, you will face debt collection, a time consuming, embarrassing, and seemingly never-ending ordeal.
However, it is important to know that debtors have rights, just like creditors.
In most states, debt collection laws express the debtor's rights. Each state has different laws that may apply.
For example, federal law requires a debt collector to notify the debtor that the creditor has referred the account to that collector, and that the debtor has 30 days in which to ask for verification of the account in question. This verification right is valuable because there may have been an error made on the account, such as the name and/or address of the named person who is allegedly the debtor. There are many people named Smith, Jones, Johnson, etc., and errors can happen.
If you have a problem with a debt collection matter, F. Paul Maloof and his colleagues Redmon, Peyton & Braswell LLP, will be happy to assist you with counsel, and help you get back on your feet. Please contact us by filling in the form below, or by calling (703) 684-2000.
F. Paul Maloof
510 King St., Suite 301
Alexandria, VA
22314-3132
Tel: 703-684-2000 Ext. 54