Debt Defense Attorney Alexander Borell

How to Request a Debt Verification

The FDCPA does a lot to protect debtors from unfair and unethical collections practices. One of the most powerful abilities this grants debtors is the right to require that their creditor verify the validity and amount of the debt that they are trying to collect. How to Request Debt Verification When a collection agency first

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Americans Are Gaining Debt Faster than the Economy is Growing

According to the Federal Reserve, total consumer credit, including credit card debt, auto loans, and student loans, rose by an astounding 5.1% during the first quarter compared to last year. In other words, consumer debt has risen from $184 billion to $3.8 trillion. While this is not necessarily a record high increase, it does indicate

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Is There Any Fast Way Out of Debt?… American Consumer Debt to Reach $4 Trillion by Year’s End

Just this month, LendingTree, an online platform that compares loans, released its Consumer Debt Outlook report for 2018. In their report, LendingTree considers consumer debt as non-mortgage related debts, including student loans, credit cards, auto loans, and personal loans. With this data, LendingTree found that, in 2018, Americans owe upwards of 26 percent of their