What Is Debt Collection in Richmond, Indiana?

Find the right Debt Collection attorney in Richmond, IN

"Collections" refers to the process by which creditors try to get nonpaying debtors to pay what is owed. There are various laws in Richmond, Indiana regulating the conduct of collections agences.

What if I Am Owed Money in Richmond, Indiana?

If someone owes you money and declines to pay it, you have several options at your disposal. However, when it comes to collecting their debts, creditors are governed by specific consumer protection rules. Violation of these rules while attempting to collect could hurt your chances at effectively recovering your money, and/or subject you to civil penalties.

The law prohibits creditors from engaging in any form of violence against the debtor in an attempt to collect. It also bars them from using abusive language or contacting third parties about the debt owed by the debtor.

You may, however, send a written demand for timely payment which lays out to the debtor exactly how much is owed. If a large amount of money is owed to you, it might be a good idea to hire a collections agency in Richmond, Indiana. These agencies usually take their fee in the form of a percentage of the debt collected. You need to research agencies thoroughly however, and make sure the one you hire does not engage in illegal practices.

What if Someone Is Trying to Collect Money Against Me in Richmond, Indiana?

Of course, if you owe money and have the capacity to pay it, you should do so. If the collections caller is behaving amicably, you should do the same. In any case, it is never a good idea to ignore the issue, because that will definitely not make it go away.

However, you do have some options in Richmond, Indiana. First of all, you should make an effort to get in direct contact with the creditor, as opposed to the collection agency, and try to work something out. If this fails, you can tell the collections agency to cease calling you, and they usually are obliged to do so. Of course, this doesn't expunge the debt, but it can buy you some time. You should know, however, that when you show that you are not interested in dealing with the creditors or collectors directly, they will usually resort to a lawsuit.

If you have hired a Richmond, Indiana attorney to help you through this process, he or she may advise that you declare bankruptcy. Once this occurs, creditors are legally barred from trying to collect against the debtor. Of course, this is a major decision, and should not be made lightly.

How Can a Richmond, Indiana Collections Attorney Help?

If you think that the collection agency is violating the law in its effort to collect, you should probably call a Richmond, Indiana attorney, since such conduct on the part of the creditor may actually give you a claim for damages against it.

If you are thinking about applying for bankruptcy, a seasoned lawyer in Indiana can help you with that process, too.

Talk to a Bankruptcy & Finances Law Attorney now!

Life in Richmond

Richmond is a large city in Wayne County, in eastern Indiana. Richmond borders Ohio. The city has twice received the All-American City Award.

Popular attractions include Hayes Arboretum, Wayne County Historical Museum, Indiana Football Hall of Fame, Abram Gaar House and Farm, Old Richmond Historic District, Starr Historic District, Reid Memorial Presbyterian Church, Old National Road Welcome Center, Whitewater Gorge Park, Gennett Walk of Fame, Cardinal Greenway, Morrisson Reeves Library, Madonna of the Trail and Richmond Art Museum.

Richmond is home to many attorneys who can handle any and every legal need. Thus, Richmond residents can remain rest assured because all of their legal needs will be adequately handled.

Overall, Richmond offers residents a wonderful quality of life!

Clients Rate LegalMatch Attorneys
(click to read reviews)

Ian M.
Ian M.

Bankruptcy, Banking & Credit

Richboro, PA

Eddy H.
Eddy H.

Bankruptcy, Banking & Credit

San Mateo, CA

Howard B.
Howard B.

Bankruptcy, Banking & Credit

Rye Brook, NY