Consumer Protection Law
Consumer protection laws at the state and federal level serve to protect members of the public from harm done by businesses. The primary purpose of existing consumer protection law is to prevent companies and sellers from using dishonest strategies. State and federal laws regulate the environment of consumer protection, and the fast pace of technology also means that this area of the law is evolving quickly.
A broad range of different types of laws are in place to prevent violations from happening and to enable consumers to fight back if they’ve already become a victim of consumer fraud or unethical tactics. These instances can range from unfair strategies to obvious fraud, many of which are covered under the umbrella of consumer protection laws.
Various consumer laws protect customers from being sold a vehicle without accurate information, losing money through financial fraud, or suffering the consequences of online identity theft and credit card fraud.
A consumer protection lawyer is an attorney who helps a customer or client fight back when they’ve been subjected to abusive business practices.
When a company takes advantage of a consumer’s lack of knowledge in the marketplace and the consumer can show that this is a violation of consumer protection laws, a lawsuit can be filed. Consumer law experts anticipate that the awareness of consumer issues will be front and center for many years to come.
Consumer fraud class action lawsuits have targeted companies that have violated consumer rights and attempted to defraud the public. As a result, regulatory oversight has increased and more laws to protect consumers have been enacted than ever before. The pursuit of justice through consumer protection lawsuits has become a cornerstone of this emerging legal field.
Consumer protection laws are meant to give customers a way to respond and fight back when a company is using damaging or illegal methods to operate, market to, or work with consumers.
Lender liability laws aim to protect consumers from being subjected to unfair lending practices. Every rule of law has to be followed to the letter when making a home loan available or when pursuing foreclosure against a homeowner. Some common examples of lender liability cases in consumer protection law involve unfair collateral sales, breach of fiduciary duty, and breach of contract.
Consumers who take action quickly may not have to lose their home in foreclosure. The sooner you retain legal help from consumer protection lawyers, the easier it is to explore your options. You may be able to pursue a loan modification or loss mitigation when you have attorneys on your side. If the lending company made a mistake or broke the law in handling your mortgage, you have rights.
Bankruptcy affords filers immediate and important protections, but often the creditors continue to harass consumers who have filed. These creditors are counting on lack of consumer knowledge about the various state and federal laws. A consumer protection attorney may be used to hold these companies accountable when a creditor crosses the line. Bankruptcy is seen as a fresh start, and many of the provisions of bankruptcy like the automatic stay are in place to help consumers close this chapter of their life and move on without additional interference.
When a debt collector is pursuing you, there are certain laws that protect your rights and empower you with the opportunity to fight back. If your rights have been violated and consumer protection laws broken by creditors, you can hold these companies accountable.
SAVE YOUR HOME
Foreclosure defense tactics can help stop abusive lending practices and give you the opportunity to save your home. Lenders often count on lack of consumer knowledge about the lending and foreclosure process to take actions they are not legally entitled to take. When a lender violates existing laws, consumers are eligible to fight back.
CONSUMER PROTECTION LAWSUIT
Consumers have been leading the charge against consumer fraud by filing lawsuits and class actions against those companies that have violated state and federal laws and led to serious harm to customers.