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Credit & Collections Paralegal

Credit & Collections Paralegal and Credit & Collections Legal Document Preparation

A Credit & Collections Paralegal assists an attorney to prepare legal cases. Some common duties of Credit & Collections paralegals include preparing legal documents, conducting witness interviews, investigating facts, performing legal research, drafting pleads and legal briefs, and other tasks to assist the attorney in preparing their casework.

Creditor debt falls into two categories; secured and unsecured. With secured debt, the borrower or debtor, pledges collateral to secure payment of the loan. With unsecured debt, there is no property or "collateral" pledged to secure the loan. Creditors can place a lien on the borrower's property, obtain a prejudgment attachment, obtain a writ of execution or garnishment, or take a security interest in the borrower's property. With secured debt, the creditor can repossess personal property or foreclose on real property used to secure the debt. The creditor may have to resort to hiring a collections agency or filing a lawsuit with unsecured debt. If your case involves substantial property, high monetary amount, legal rights, or criminal activity, you should consult Credit & Collections attorney to discuss the legal consequences.

In Credit & Collections matters, Paralegals and LDA's, known as Legal Document Assistants, cannot give legal advice, represent a client in court, or select, explain, draft, or recommend the use of any legal document to or for any person other than the attorney who directs and supervises the paralegal.

However, in several States, Legal Document Assistants (LDA) can prepare legal documents for people doing their own legal tasks. Please consult with the local paralegal to learn what Credit & Collections paralegal services they are authorized to provide in your legal jurisdiction.

A Credit & Collections Paralegal working under supervision and direction of an attorney may gather facts, draft legal documents, and compile technical information for the supervising attorney in Credit & Collections issues involving:

Creditors are protected by laws and regulations govern local, federal and international levels. Laws and regulations affecting Creditors and the lending of money monitor the duties, rights, and liabilities of commercial businesses and private individuals. Legal Document Assistant specializing in Creditors Rights might be able to provide assistance on Creditors Rights issues such as:

Property Foreclosure
Debit Cards, Credit Cards, Charge Cards
Debt Consolidation
Lease Agreements
Loan Collateral
Loan Agreement & Contracts
Property Judgments
Repossession

Find Credit & Collections Paralegal and Credit & Collections Legal Document Preparation in the Paralegal Directory.

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