There are many ways in which
consumers are abused.
Sometimes promises or representations
which are made about products sold to people are false or
misleading. When people rely on these representations which turn
out not to be true and have losses or damages, they have a cause of
action under the Texas Deceptive Trade Practices Act.
Many times insurance companies either
delay payments on claims from their policy holders or they deny
legitimate claims outright. The abusive acts of insurance carriers
can be as simple as not paying the full value of a stolen or damaged
vehicle covered by an automobile insurance policy to as complicated
as denying a claim for a home or building which has burned or been
burglarized, by claiming the property owner was responsible, when
there is no evidence of a property owner’s involvement. Sometimes
there have even been misrepresentations in expert reports the
insurance companies rely on.
Credit card companies many times fail
or refuse to work with honest people to reduce their interest rates
and monthly payments when people lose their jobs or have unexpected
medical emergencies. Many honest and hardworking people are sued
every day over debts they are willing to pay if the companies will
just work with them.
Debt-purchasing companies can be the
most abusive. These companies buy credit card and other debts in
default for just a few cents on the dollar. Anything they collect
over the low purchase price becomes almost pure profit.
If they cannot collect without a
lawsuit, the business model of many credit card companies and
debt-purchasing companies is to try to obtain a default or very easy
judgment, then collect on that judgment.
Many times, debt-purchasing companies
violate the federal Fair Debt Collection Practices Act (the “FDCPA”).
This Act allows consumers to recover statutory damages and attorney
fees under certain circumstances for violations of the FDCPA.
Neal Cannon and Neal Cannon &
Associates, P.C., have years of experience in helping consumers in
all types of situations when they have been damaged.
Call Neal Cannon & Associates, P.C.,
for an appointment to see if Neal Cannon can help you.