By clicking the “I agree” button below, you authorize Slate Legal Group to contact you via your phone, mobile phone, mobile device (including SMS and MMS) and email (including the use of autodialers, automated SMS and recorded messages), even if your phone number is currently on an exclusion list. Standard telephone and data charges apply. Your acceptance of the above terms is not required as a condition of purchase or receipt of our services. You also consent to the recording and monitoring of all calls to and from us and you acknowledge and agree to the terms of our Privacy Policy and Terms of Use. If debt becomes a burden and you can no longer manage your payments, it may be time to consider bankruptcy. Bankruptcy is a process by which you seek formal debt relief from the courts. Most Americans probably know they can spend their money on the goods and services they want, but they may not realize that their rights go much further. In 1962, the Charter of Consumer Rights was passed. The job of a debt collector is to collect outstanding debts. The Fair Debt Collection Practices Act is a federal law that protects consumers from abusive and deceptive practices. Collection agents can call you, send invoices, issue markings. The economy has continued to improve over the past year, but for the average American, financial hardship is still a daily reality.

Credit card debt increases with interest rates, and the debt is expected to continue.