Legal Question in Credit and Debt Law in Florida

I defaulted on a loan from HSBC and I work with HFC to cure the default. The rep says I owe 20,203.86 but they will not charge me any interest. This sounds great, but they don't issue written statements of my balance. I am concerned that if I do not have written proof of how much I owe I may be at their mercy at a later time, and if a discrepancy arises I will have no recourse. Are they legally required to provide this to me? Will recording my phone calls with them protect me?


Asked on 1/16/10, 8:55 am

2 Answers from Attorneys

Alan Wagner Wagner, McLaughlin & Whittemore P.A.

Yes, you will be at their mercy. Get something in writing.

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Answered on 1/21/10, 11:29 am
Angelo Marino Angelo Marino Jr. PA

Yes, get it in writing and do not record phone conversations without the other person's approval. For a consumer lawyer in your area, go to

http://naca.networkats.com/members_online/members/directorya.asp?token=

Want to know the law? Sign up for our free newsletter on varies areas of the law by sending an email to [email protected] and requesting the newsletter, or go to www.ConsumerLawyerHelp.com.

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Answered on 1/22/10, 1:31 pm


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