WHAT ARE SOME COMMON CONSUMER LAW VIOLATIONS?
Ten common consumer law violations which lead to debtors recovering significant amounts from their creditors and creditor representatives are as follows: Attorneys letting collectors sign their name to collection letters without first adequately reviewing the debtor’s file. Violations can result in the collection attorney being liable for up to $1,000.00 plus actual damages and attorney’s fees. Credit bureaus’ failure to prevent a recurring error in the consumer’s file. Violations can result in actual and punitive damages and attorney’s fees. Loan flipping and rip-off second mortgages. Consumer attorneys can find ways to stop foreclosures, cancel loans and recover hefty damages and attorney fees for these and other examples of lender overreaching and “predatory lending.” Sellers jacking up the cash price for high risk debtors. Violations can lead to $1,000.00 or more in statutory damages, actual damages and attorney fees. Collectors pursuing collection contacts, lawsuits, garnishments,