Philadelphia, PA, March 03, 2024 (GLOBE NEWSWIRE) — According to the most recent data from Experian, the average household debt in the United States stood at $103,358 in the second quarter of 2023. In the third quarter of 2023, total household debt rose by $228 billion to reach $17.29 trillion, as per the Federal Reserve Bank of New York. These massive numbers suggest that many American families are struggling to achieve financial stability, and since debt collectors do not always act in good faith, they further complicate the situation of people already in distress. However, there is help at hand: Creditor Law Group is among the law firms that have made it their priority to defend consumers against unscrupulous creditors. This legal services provider has helped thousands of Americans solve their debt-related problems, offering them a much-needed lifeline in times of adversity.
“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
