My Consumer Law Center Provides Consumer Protection Help Nationwide. Stop Collection Calls

Americans Sinking Deep in Credit Card Debt

---

With the downturn of the U.S. economy and more and more Americans losing their jobs, Americans have resorted to credit to make ends meet. Americans have been relying on credit so heavily that our country as a whole is currently 368% more in credit debt than we were just two years ago.

Just in the second quarter of 2011, American consumers have managed to rake up $18.4 billion in credit card debt. This marks an approximate 66% increase from the second quarter of 2009. Clearly, many Americans are living far beyond their means and are overleveraging themselves. When this happens, debtors will find themselves unable to keep up with their payments and fall behind. Many consumers will be unable to make their payments and their unpaid debt will get passed to a collection company.

There is protection for consumers who are in over their heads with credit debt and whose debt is now being handled by abusive collection companies. The Fair Debt Collection Practices Act (FDCPA) was enacted in order to promote fair debt collection practices and to stop harassing debt collectors from using abusive and deceptive practices when attempting to collect on unpaid debt.

If you are knee deep in debt and you feel that you are being harassed by a debt collection company, you should speak with an experienced fair debt collection attorney. If you feel that you have been the victim of an abusive, harassing and/or deceptive debt collection company, call one of the experienced consumer attorneys at My Consumer Law Center in order to discuss your legal rights.

Our experienced attorneys at My Consumer Law Center will help stop the abusive debt collectors from harassing you and can even get you monetary compensation up to $1,000.

If you would like to speak with an experienced consumer attorney, call the attorneys at Shainfeld & Anvar today at for a FREE CASE EVALUATION or visit us at My Consumer Law Center.