Philadelphia, PA , March 10, 2024 (GLOBE NEWSWIRE) -- Recent Experian data shows that the average American household debt was $103,358 in Q2 of 2023, and by Q3, total household debt increased by a substantial $228 billion, hitting a staggering $17.29 trillion, according to the Federal Reserve Bank of New York. These alarming figures indicate that numerous US families are grappling with financial instability. The situation is exacerbated by debt collectors whose practices can sometimes lack integrity. Enter Creditor Law Group, a law firm dedicated to protecting consumers from such unfair treatment by creditors. This legal aid has been instrumental in assisting thousands of Americans navigate their debt issues, providing them with crucial support during challenging times.
“In the face of escalating household debt, people across the country need a champion, and our team is proud to be on the frontline of defending Americans wronged by their creditors. Our dedicated attorneys successfully navigate the complexities of debt collection, employing a comprehensive approach to debt resolution that leverages legal expertise and a deep commitment to consumer protection,” Creditor Law Group says. “We believe our impact is felt nationwide as we go to bat for debtors facing aggressive tactics from creditors. Employing carefully crafted legal defense strategies, our attorneys have successfully negotiated settlements, challenged unfair debt collection practices, and provided individuals with the tools to regain their financial stability. The thousands of Americans we have helped are a testament to our dedication to level the financial playing field for all.”
The team at Creditor Law Group is well-versed in the intricacies of debt collection laws, including the Fair Debt Collection Practices Act (FDCPA). By leveraging their expertise, the firm’s attorneys defend debtors against unacceptable creditor behavior to ensure fair and respectful treatment of consumers. In addition, Creditor Law Group educates clients about their rights, enabling them to make informed financial decisions in the future. It provides valuable resources to people seeking information about debt resolution, demystifying the legal aspects of debt collection and empowering individuals to take control of their finances.
“We firmly believe that knowledge is vital when it comes to financial matters, so we strive to make a difference by offering not only legal representation but also a holistic approach to debt resolution,” Creditor Law Group notes. “Every client's situation is unique, which is why our attorneys devise strategies that address the specific challenges faced by each individual or household. As U.S. consumer debt continues to rise, we stand ready to defend the rights of debtors and resolve debts through legal means so that we can ensure fairness and justice for people in financial distress.”
Creditor Law Group is a Philadelphia-based legal services provider dedicated to defending consumers against credit card companies, debt collectors, and their lawyers. The firm’s team of experienced attorneys specializes in helping individuals who have had their wages garnished, have been taken to court by creditors, or have become victims of debt collector harassment.
Creditor Law Group: https://clglaw.com
Creditor Law Group Leads the Charge to Protect Consumers Against Their Creditors:
https://finance.yahoo.com/news/creditor-law-group-leads-charge-015400275.html
Award-Winning Law Firm Creditor Law Group Committed to Challenging FDCPA Violations: https://finance.yahoo.com/news/award-winning-law-firm-creditor-033200728.html
