Is a debt relief law firm the same as a debt collection agency?
No, a debt relief law firm is not the same as a debt collection agency. A debt collection agency is a business or organization that collects unpaid debts from people, usually on behalf of another organization. They follow up with debtors, call them and send letters to try to collect the unpaid debt. A debt relief law firm, on the other hand, is a type of law office that deals with helping individuals and businesses to manage their debt. These law firms usually help their clients through legal processes such as bankruptcy, loan modifications, and debt settlement. They also can help consumers handle disputes with creditors by negotiating with them and helping their clients navigate debt relief options. In Kansas, the Attorney General’s office is responsible for consumer protection and works to ensure that debt collection agencies are following the law while collecting unpaid debts, however they may not be involved in legal activities such as modifications or settlements. This is where debt relief law firms come into play. Debt relief law firms provide their clients with legal advice and assistance in order to help them manage their debt. They also provide counsel to their clients in negotiations with creditors and represent them in court proceedings, if necessary. This makes them different than a debt collection agency.
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