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The Law Offices of Mark D. Svejda are a leader in consumer rights' litigation. The Firm seeks to educate consumers with respect to their statutory and common law rights in areas such as:
The Firm regularly handles complex consumer class action litigation against both large and small financial credit granting institutions. We scrutinize consumer credit loan documents, such as mortgage, deed of trust, and lease and automobile finance agreements, for those hidden extra fees lenders often extract from consumers without their knowledge.
Junk charges can be defined as those fees a lender charges a borrower for servicing a particular loan or extension of credit. Such fees, also called "pre-payment" penalties, are usually charged at loan payoff and are disclosed, if at all, at the last minute. Although most lenders are ethical and do not charge borrowers junk fees, it would behoove you to closely review your loan documentation to see if you have been charged a "mysterious fee" that you were not aware of or that strikes you as particularly unfair. Unethical lenders count on the fact that you are busy and will not check your loan documentation. They also count on the fact that even if you do find out that junk fees are being charged, that you will not have the time or money to hire an attorney to defend you contractual and common law rights. When a lender charges junk fees to its borrowers across the United States, the hidden profit they realize is astronomical.
If you are having a tough time making payments on a consumer loan, you deserve to be treated in a fair and ethical manner! The United States Congress recognizes this right and has enacted various statutes for your protection, such as the Fair Debt Collection Practices Act and the Fair Credit Reporting Act. In response to abusive debt collection practices, Congress has enacted these federal statutes to ensure debt collection agencies play by certain rules. If they do not, you may have a cause of action against them, regardless of whether or not you owe their principal a debt. For instance, debt collectors may not call you at certain inappropriate hours of the day, they may not call your place of work, and they must make certain disclosures to you regarding your rights in the communications ("dunning letters") they send you. The Law Office of Mark D. Svejda litigates against debt collection agencies and the credit reporting agencies on a regular basis.
Congress enacted the Truth In Lending Act to help consumers make a meaningful choice about which consumer loans are most advantageous. Thus, lenders are required by law to disclose to borrowers certain information at the consummation of a particular loan. If you have not received a meaningful disclosure of the credit terms of your loan agreement, your rights may have been violated.
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Copyright © 1999 The Law Offices of Mark D. Svejda. All rights reserved.
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