Consumer protection laws affect everyone, and yet most people really do not understand exactly what these laws mean. At their core, consumer protection laws are designed to protect consumers from abusive practices from businesses. As a consumer, you should know what these laws mean, and how they could protect you.
Consumer Protection Laws
There is a common misconception that consumer protection laws are specific to disputes involving large corporations, banks, or debt collectors. The truth is, however, that consumer protection laws apply in most any situation in which a consumer purchases goods or services through a seller.
There are consumer protection laws at both the state and federal level. The most relevant body of law is the Federal Trade Commission Act (FTCA), which made certain business practices illegal. As a result, the following is now illegal:
- Misleading consumers
- Engaging in unfair practices
- Unfair competition
- Making false statements
- False advertising
- Violating health and safety codes
- Breach of warranty
- Breach of contract with consumers
One of the most common scenarios we see at Daic Law is consumers who have fallen behind on their bills and are battling the harassment of debt collectors. Debt collectors often contact you incessantly, and may contact your employer, or even family and friends. As a result, you live with unimaginable anxiety. What many consumers don’t know is that these practices are illegal under the FTCA and other laws.
If you believe that you are the victim of any of the practices listed above, contact Daic Law to learn more about your legal rights and options.
What These Laws Mean for You
Consumer protection laws were created to ensure that businesses do not take advantage of consumers. Unfortunately, there are many businesses that do not abide by these laws, and often, consumers are afraid of challenging a business or corporation in a legal battle. What happens then, is that more consumers become victims and businesses get the impression that they can fly under the legal radar. It is important that consumers speak up and take action against abusive practices.
In addition to the FTCA, there are also state and federal anti-fraud and scam laws. The Texas Attorney General’s office works hard to protect Texas consumers from fraud and scams, and works closely with state and federal agencies. Texas law also allows consumers the ability to file a lawsuit against a business that has violated the law. Consumers may file lawsuits individually, or can participate in class action lawsuits if they are one of several consumers to be injured by the same business or product.
To learn what your best options are to pursue justice and hold an abusive business accountable, contact Daic Law today. Let our consumer protection attorney work alongside you to stop the abuse and get you the closure you need. Call our office at 877-893-6040, or send us an email at info@daiclaw.com. Learn more about how our debt defense lawyers in Texas can help you protect your rights and find resolution to difficult matters like debt collection lawsuits, business disputes, and more.
[…] in January 2017 against Velocity Investments, LLC. The lawsuit alleges that Velocity violated the Fair Debt Collection Practices Act when the company sent letters and continued debt collection efforts despite the debt having been […]