The debtor has the right to sue a creditor in a state or federal court within one year from the date the debtor believes the law was violated. If debtor wins, they may recover money for the damages they suffered. Court costs and attorney`s fees also can be recovered. A group of people also may sue a creditor and recover money for damages up to $500,000, or one percent of the creditors net worth, whichever is less.
Speak to an Experienced Creditors Rights Attorney Today
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified creditors rights lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local creditors rights attorney to discuss your specific legal situation.