Lynn A. Pierce Law Blog

The Fair Debt Collection Act was created by Congress to protect debtors from abusive, decep­tive, and unfair debt collection practices by many debt collectors. Abusive debt collection practices contribute to the number of personal bankruptcies, to marital instability, to the loss of jobs, and to invasions of individual privacy.  Know what your rights are and talk to a lawyer about your options if you... Read More

In these difficult financial times, many people need to file bankruptcy but fear they will not be able to afford a lawyer.  Some of these people opt for document preparation companies who merely prepare the documents but are not allowed to give legal advice or otherwise represent the debtor.  There are numerous reasons a lawyer is well worth the added cost in the end and most bankruptcy lawyers provide their services at a surprisingly reasonable rate. Read More

          Many consumers have been exploited by predatory lending.  The banks and credit card companies have been known to unilaterally increase interest rates if your debt to income ratio becomes more unbalanced, even if you’re current on your payments!  This makes it even more difficult to pay the balance down and you may be spinning your wheels.  It may be time to consider filing bankruptcy to get out from under the... Read More

          A bad economy is causing financial stress on many people who’ve experienced a decrease in income coupled with an excessive debt load.  Many had a reasonable debt load based on their previous income but can no longer maintain payments and have exhausted all resources including their retirement funds.  If you’re facing such a situation, you may qualify to file bankruptcy and doing so very well might be the responsible... Read More