Our Predatory Lending Services
At Cannon Legal PLLC, we provide comprehensive legal support to liberate you from abusive financial agreements. We meticulously review your loan documents to identify violations of state and federal laws, such as the Truth in Lending Act (TILA) and the Texas Deceptive Trade Practices Act (DTPA). Our team will advise you of your rights, help you file formal complaints with regulatory bodies like the CFPB and OCCC, and negotiate directly with lenders to modify terms or forgive debt.
Sue Your Lender for Overpayment | Stop Debt Collector Harassment
If a lender refuses to cooperate, we are prepared to pursue legal action to recover damages for the money you have overpaid and stop further predatory practices. We also handle harassment defense, sending cease and desist letters to stop aggressive debt collectors immediately.
Pricing & Fees We believe justice should be accessible. We offer confidential initial consultations to review your specific situation. In many predatory lending cases, we operate on a contingency fee basis—meaning you do not pay attorney’s fees unless we successfully recover money for you.
Why Consumers Trust Cannon Legal PLLC
- Deep Nationwide Experience: We don’t just know local laws; we understand the complex web of federal lending regulations that affect borrowers across the United States.
- Proven Track Record: We have successfully assisted thousands of consumers in resolving high-stakes disputes with aggressive lenders.
- Aggressive Representation: Predatory lenders rely on intimidation. We fight back harder, using every legal tool available to protect your financial future.
- No-Risk Fee Structure: Our contingency fee options ensure you can fight for your rights without worrying about upfront legal costs.
- Holistic Protection: Beyond just fixing the loan, we stop the harassment, protecting your peace of mind while we work on your financial recovery.
Common Questions About Predatory Lending
You can file complaints with the Texas Office of Consumer Credit Commissioner (OCCC), the Texas Attorney General’s Consumer Protection Division, and the federal Consumer Financial Protection Bureau (CFPB).
In many cases, having legal representation can actually improve the situation. Lenders are often more willing to negotiate fairly when they know you have legal counsel. Your attorney will handle communications with the lender on your behalf, protecting you from further harassment.
Please bring all relevant loan documents, payment history, and any communications you’ve had with the lender.
We offer confidential consultations to discuss your situation and explain our fee structure. In some cases, we may be able to represent you on a contingency fee basis, meaning you don’t pay attorney’s fees unless we recover money for you.
Even if you’ve made payments, you may still have legal options. We can review your case to determine if the lender violated consumer protection laws and explore options for recovering the money you’ve overpaid.
Yes. The FDCPA and Texas law prohibit debt collectors from using abusive tactics like making threats, calling at unreasonable hours, or contacting third parties about your debt. We can send a cease and desist letter and take legal action if the harassment continues.
We can review your loan, advise you of your rights, help you file complaints with regulatory agencies, negotiate with the lender, and if necessary, pursue legal action to recover damages and stop the predatory practices.
Several laws protect consumers, including the Texas Deceptive Trade Practices Act (DTPA), various chapters of the Texas Finance Code, and federal laws like the Fair Debt Collection Practices Act (FDCPA) and the Truth in Lending Act (TILA). Military members have additional protections under the Servicemembers Civil Relief Act (SCRA) and the Military Lending Act (MLA).
Warning signs include extremely high interest rates (often in triple digits), large fees, repeated refinancing that doesn’t reduce the principal, balloon payments you can’t afford, high-pressure sales tactics, and a lack of clear disclosure of loan terms.
Predatory lending refers to unfair or deceptive loan practices that exploit borrowers’ vulnerability through excessive interest rates, hidden fees, and other abusive terms.