The Freedom Debt Relief Class Action Lawsuit is set up for those that have been seriously wronged by their credit card companies. Freedom Debt Relief wants to make sure that consumers will be able to gain the rights of fair treatment from those that they owe money. To gain such rights, they have arranged a class action lawsuit. This means that all those that are a part of the class-action lawsuit will receive monetary compensation for them to receive what they deserve.
There are many reasons why this is important. When a consumer is in financial distress and is unable to pay off debts, they can be subject to all kinds of abuse. They may be verbally abused and sent threats through letters. They may receive rude calls on the phone or even worse, physical abuse. All of this is done to get the money that is owed to the consumer.
With the help of this lawsuit, the consumer will be able to receive their rights.
This lawsuit is designed to make sure that the consumer will be able to receive what they are entitled to when it comes to their credit card debts. What makes this so important is that this lawsuit is put together by attorneys that have worked in credit card cases for many years. They are well aware of the tactics used by these companies that seek to collect on debts. Therefore, they can ensure that the lawsuit puts all the attention on the entities that are being charged with the wrongdoing. In many cases, these entities can afford to hire expensive legal representation, but they cannot afford to risk being sued themselves.
Many of these entities are also at risk of losing everything they possess.
If the credit card issuer does not respond to the lawsuit being brought forth, the entities may choose to default. Without any assets, the consumer will receive nothing. If a consumer is in a similar situation, they may only receive a slap on the wrist, but no actual assets taken away. With this lawsuit, they will receive what they are legally entitled to.
The Freedom Debt Relief Class Action Lawsuit will work systematically.
First, the consumer will contact an attorney that specializes in the area of debt settlement. Next, they will establish an appointment with a credit card counselor to discuss the details of the lawsuit. Once the meeting has been set up, the attorney will use the opportunity to ask for a detailed explanation of their client’s financial situation. During this meeting, they will look into the various factors that go into calculating how much money a person may receive as a settlement.
After this information has been received, the attorney will then look into what can be done about those factors. Freedom Debt Relief believes that people do not realize the value of their credit card settlement and that it could be setting them up for even more trouble. Credit cards are great tools, but they can be dangerous if the user is not careful. A Debt Settlement Class Action Lawsuit is designed to ensure that the consumer does not enter into any more debt, but if they do so they will receive fair representation from a legal perspective.