Ronald P. Slates, PC
@RonaldPSlatesPC
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Founded in 1975, the Law Offices of Ronald P. Slates, P.C., provides business and professional clients with aggressive and effective representation.
Los Angeles, CA
Joined July 2012
Though groups claim there are faults in the process, too often debtor lacked any real defense as to why they failed to pay their debts.
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There may be improper debt collection practices occurring, but advocacy groups often rely on anecdotal evidence to back up their claims.
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Consumer advocacy groups sometimes point to how courts will sometimes grant default judgments to banks and debt collectors.
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Attorneys know that lending institutions need to have proper paperwork to back up any case and that creditors need to follow the rules.
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Any attorney in debt collection and collection of judgments knows that lawsuits against debtors need to be followed up in the proper manner
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To collect on a debt, often a lawsuit will need to be instituted http://t.co/spjaxBkZoZ
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The number of lawsuits brought by lending institutions may reflect the economy, where individuals are not paying back what they owe.
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There are complaints that too many lawsuits are being put in place by banks and other creditors seeking a judgment against debtors.
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Many debtors will not hesitate to report what they consider violations of state or federal law http://t.co/wBiowe0UBI
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In California, debtors have become increasingly aware of what is and is not considered acceptable practices http://t.co/wBiowe0UBI
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Because commercial collection practices are under scrutiny, one needs to get a lawyer when engaged in the debt collection practice.
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The media often reports upon the actions of banks, and usually the stories are spun to favor borrowers over lenders.
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The waiver of fees may seem like a small matter to some, but not receiving such fees can lead to banks losing tens of millions of dollars.
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Banks have been under increasing scrutiny in recent years, and that has led to many lawsuits http://t.co/wBiowe0UBI
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The collection of debts in California still needs to be conducted in accordance with California and federal regulations.
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No case should be dismissed due to poor record keeping or violations of laws governing credit practices http://t.co/e0NMFcPiqn
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Lawyers that understand collections practices will make sure that every affidavit signed on behalf of a creditor was reviewed and accurate.
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When speaking about the amount of debt owed to lending institutions, this task cannot be handled by inexperienced or untrained collectors
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Commercial collection practices require professional handling http://t.co/e0NMFcPiqn
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The OCC is examining the practices that lending institutions have used when taking legal actions against debtors http://t.co/e0NMFcPiqn
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