Debt settlement company in Illinois PDF Print E-mail

Debt settlement company in Illinois, Debt Consolidation program in Illinois

Debt Settlement firm in Illinois, Debt Consolidation help in Illinois, Illinois debt consolidation plan, Illinois debt settlement plan

Deciding for the right Debt settlement company or Debt consolidation program is a great way to eliminate from 40-65% of your debt and become completely debt free in 18-36 months. We at DebtorSolution can design a personalized debt settlement program or debt consolidation plan that can lower your monthly payments by almost 50% and help you avoid bankruptcy.

Our professional negotiators are experts in the laws governing both debt settlement and debt collection practices. Nevertheless, if you are considering a debt settlement program in Illinois, or a debt negotiation company in Illinois, it is important to learn as much as possible about state and federal regulations. Here is some basic information regarding debt collection for the state of Illinois.

(This information is intended for educational purposes. It was verified at the time of publication but may have changed since. This information is not intended as legal advice. If you need legal assistance, please contact a local professional.)

Debt Collection:

The Fair Debt Collection Practices Act (FDCPA) regulations debt collection practices through the United States and its territories. Its purpose is to prevent abusive collection techniques for consumer debt. For more information, please visit this link: debt collection.

If you feel that your rights as a consumer have been violated, there are several ways to place your complaint:

1. Federal Trade Commission

Contact them via telephone using the toll-free number: 1-877-FTC-HELP

Submit your complaint electronically at : https://rn.ftc.gov/pls/dod/wsolcq$.startup

Mail your complaint to :

Federal Trade Commission
Consumer Response Center

600 Pennsylvania Avenue, NW
Washington, DC 20580

2. State Attorney General

Chicago Main Office
100 West Randolph Street
Chicago, IL 60601

(312) 814-3000
TTY: 1-800-964-3013

Springfield Main Office
500 South Second Street
Springfield, IL 62706
(217) 782-1090
TTY: 1-877-844-5461

Carbondale Main Office
1001 East Main Street
Carbondale, IL 62901

(618) 529-6400/6401
TTY: 1-877-675-9339

Chicago West Regional Office
306 N. Pulaski Rd.
Chicago, IL 60624

(773) 265-8808

East Central Illinois Regional Office
1776 E. Washington St.
Urbana, IL 61802

(217) 278-3366
TTY: (217) 278-3371

Chicago South Regional Office
7906 S. Cottage Grove Ave.
Chicago, IL 60619

(773) 488-2600

Northern Illinois Regional Office
Zeke Giorgi Center
200 South Wyman St.
Suite 307

Rockford, IL 61101

(815) 967-3883
TTY: (815) 967-3891

West Central Illinois Regional Office
628 Maine Street
Quincy, IL 62301

(217) 223-2221
TTY: (217) 223-2254

Metro East Illinois Regional Office
201 West Pointe Drive
Suite 7

Belleville, IL 62226

(618) 236-8616
TTY: (618) 236-8619

www.illinoisattorneygeneral.gov/

More helpful information on debt Settlement program in Illinois

Recording Telephone Calls:

Recording telephone calls is highly effective in proving abusive tactics. Federal regulations stipulate that in order for a conversation to be taped only one party must give consent. Illinois state regulations also require only one party to consent to the recording.

Statute of Limitations:

The Statute of Limitations for a delinquent debt refers to the amount of time a creditor has to file a lawsuit to collect on the debt. The Statute of Limitations (SOL) is a consecutive period of time during which the account remains delinquent. Thus if a delinquent account is brought back up to date, the SOL time limit will start from zero if the account goes delinquent a second time. Please remember that the Statute of Limitations does not begin from the date of the last payment, but instead from the moment that payment was missed. The Statute of Limitation for delinquent debts in Illinois is as follows:

Written Contracts: 5 years
Oral Contracts: 10 years
Promissory Notes: 10 years
Open Accounts: 5 years

Illinois Wage Garnishment:

15% of disposable earnings

Amount debtor’s disposable earnings exceed forty-five (45) times the minimum wage.

To know more about the best debt settlement plan, debt consolidation program in Illinois, contact us using the form at the left bottom of the page.

Debt settlement company in Illinois, Debt Consolidation program in Illinois

Debt Settlement firm in Illinois, Debt Consolidation help in Illinois, Illinois debt consolidation plan, Illinois debt settlement plan

 
Comments (1)
debt settlement firms in central illinois
1 Friday, 18 July 2008 17:19
Marci
Looking for a company that provides this service in the Urbana-Champaign area.

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