What Is Debt Collection in Hopewell, Virginia?

Find the right Debt Collection attorney in Hopewell, VA

"Collections" refers to the practices engaged in by creditors designed to obtain payment from debtors who are not interested in paying what they owe. In Hopewell, Virginia, there are various laws which severely limit the practices that collections agencies can engage in.

What if I Am Owed Money in Hopewell, Virginia?

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.

As an example, when attempting to collect, creditors may not use abusive language, contact third parties regarding the debt, or use violence or threats of violence.

You may, however, send a written demand for timely payment. The demand should lay out exactly how much the debtor allegedly owes. If there is a large amount of money involved, it may be worth it to hire a Hopewell, Virginia collections agency, which will probably take its fee in the form of a percentage of the debt collected. You should do some research on different collections agencies in your area, to make sure the one you hire is reputable, and thoroughly follows the law.

What if Someone Is Trying to Collect Money Against Me in Hopewell, Virginia?

If you actually owe the money that they are attempting to collect, and are able to pay it, doing so would be your best option for ending the collections calls. Of course, this is not everybody's situation. When dealing with collectors, you should try to maintain the high ground by behaving in a calm and amicable manner. In any event, you should never ignore the problem, as this usually makes things worse.

Fortunately, you have some options in Hopewell, Virginia. First of all, you should attempt to contact the creditor directly, and see if something can be worked out. If this doesn't work, you can demand that the collection agency stop contacting you by phone. When this happens, they are not allowed to contact you further. This, of course, doesn't make the debt go away, but if the calls are becoming unbearable, it might buy you a little bit of time. Usually, when this happens, the creditor gives up on extra-judicial collections, and files a lawsuit against the debtor.

If you have hired a Hopewell, Virginia 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 Hopewell, Virginia Collections Attorney Help?

If you think that a collection agency is engaging in abusive tactics, you should call a local Hopewell, Virginia attorney, as you might have a claim for damages against the creditor or the collection agency.

Also, if you're considering applying for bankruptcy, a seasoned attorney in Virginia can tell you if this is a good option, and, if it is, help you through the process.

Talk to a Bankruptcy & Finances Law Attorney now!

Life in Hopewell

Hopewell is found in the Tri-Cities area of Virginia and is incorporated into the Richmond Metropolitan Statistical area. The city is home to 24,000 suburban residents who live on a bluff overlooking the James River and Appomattox River. The city was developed by the DuPont Company in 1914 which manufactured dynamite, however, during World War I the factory switched to creating guncotton for soldiers and allies. Hopewell was burnt nearly to the ground in 1915 but rose from the ashes and quickly rebuild with help from local companies. The Tubize Corporation established a plant in Hopewell in 1923.

Today the city's manufacturing plants are primarily focused on chemical processing with large corporations like Honeywell, Smurfit-Stone Container Corporation, and Hercules Chemical providing the bulk of employment in the area. The City Point Historical District of Hopewell offers outstanding lodging and culinary accommodations but many flock to see the collection of Sears Catalog Homes. Sever of them are available for self guided tours. Lawyers and firm offices are also located in Hopewell. Hopewell lawyers take a diverse selection of cases and are well acquainted with advising their clients on local courts as well.