Consumers Fighting Banks with Attorneys Rather Than Financial Service Providers

BOCA RATON, Fla., Sept. 12, 2012 /PRNewswire/ -- August Belmont & Company reports an increase in its attorney referrals relating to unsecured debt and student loans as the United States faces record levels of delinquencies and unpaid bills.

August Belmont & Company is a private lawyer referral service that refers consumers and business entities to attorneys that specialize in defending consumers and suing banks, debt collectors and credit reporting agencies for violations of various consumer protection statutes. 

Consumers should be weary of "debt relief bulletin boards" that offer "help" to consumers but in reality benefit from third party advertisers with a vested interest in steering consumers away from attorneys. 

Consumers have been weary, and rightfully so, with the number of debt relief options that have been thrust into the marketplace netting questionable results. A contract with a bank is a legal issue requiring the expertise of an attorney when a conflict arises.  Brooklyn State Court Judge, Noach Dear, recently stated that 95% of consumers that come through his courtroom are not represented by attorneys and are having judgments and wage garnishments entered against them based upon robo-signed affidavits of indebtedness that are inaccurate, while 90% of the cases that are defended by attorneys result in the bank not being able to prove the debt.  (Source)

Spero Courtis, a client of The Law Offices of Paul A. Herman, PA said this about having his $80,000 plus in credit card debt dismissed, "Life often presents opportunities that can alter your course, but rarely are we keen enough to realize and capture it at the time. Paul Herman has been one of those life altering opportunities in my life. The world we live in does not care about how and why you hit 'Rock Bottom,' but it cares about destroying every last ounce of humanity you may still have in collecting your last penny. So who cares about devoting your life to your ailing parents who are legally blind and have little hearing left, or the fact your daughter has one of the worst cases of ADHD and anxiety often seen in girls as reported by her doctor and head of NIH for Children disorders. Paul and his staff did care, and his understanding of how the system works and what it had done to my family incensed him. Several years later I find myself debt free, I have saved our home from being foreclosed, and my credit score has gone over 700 on all 3 credit bureaus."

The company's panel of attorney's are extremely unique in that they utilize a finance company so that consumers can arrange financing of the attorneys fees; so that every consumer can afford a highly qualified attorney to represent their interests in dismissing their debt obligations.

Howard Feinmel, owner of The Delta Law Firm, was quoted as saying; "It is very important that consumers are aware that hiring an attorney to protect their rights is an option when dealing with credit cards or student loans. However, finding an Attorney that is well versed in complex and technical consumer protection statutes is not that common. Furthermore, the Affirmative Defenses involved in the litigation of these legal matters is cutting edge and attorneys need to remain up to date with the developing changes."

Paul A. Herman, owner of The Law Offices of Paul A Herman, PA, was quoted as saying; "Unfortunately many individuals are unaware of their rights when it comes to debt collection practices, credit reporting matters, and other protections afforded to consumers under state and federal statutes. Although there are many companies out there who claim to have the answers to negotiating and resolving outstanding debt, only attorneys have the ability to properly defend a client and also aggressively pursue remedies and legal rights afforded to consumers against abusive and aggressive collection practices. Don't assume you can handle these difficult matters alone, and don't assume just any lawyer can help."

Since its inception, August Belmont & Company has referred thousands of clients for attorneys located in 43 states.  The firm maintains an "A" rating with the BBB and believes that everyone has a right to competent legal representation regardless of their economic status.

August Belmont & Company, true to its mission, refers thousands of consumers with unsecured credit card debt and student loan debt to its panel of Florida attorneys that in turn eagerly file and defend claims brought by banks and their debt collection attorneys until such time that a favorable resolution is achieved for our clients.

For inquires pertaining to this article – please call Howard Feinmel @ 561-910-7980

Media Inquires/Contact Info

Elizabeth Swinson
Director of Marketing
August Belmont & Company, LLC
[email protected]
www.theabclegal.com

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SOURCE August Belmont & Company, LLC