Tips & Advice
How much does it cost to hire a Consumer Law attorney?
Consumer Law attorney fees will vary depending on the billing method and the complexity of the case. Some attorneys use a percentage basis of billing, meaning, if they sue, they collect a percentage of the damages and nothing comes out of your pocket. Others bill hourly and that can add up quickly. It is important to discuss the nature of your case with your legal representative to understand how they will charge you.
What is a Consumer Law attorney?
Consumer Law attorneys specialize in representing consumers against deceptive and unfair business practices. If a consumer (client) has a complaint or case against a business entity, the Consumer Law attorney can advise, guide, and navigate the legal process in an effort to prosecute and/or collect damages or settlements. Consumer Law attorneys can also initiate class-action lawsuits should a pattern of unfair practices be established against a business.
Consumer Law, or Consumer Protection Law, is designed to protect the average citizen engaging in business deals, like buying goods or services or borrowing money, from companies, businesses, or individuals who regularly engage in business. The spirit of the law is to level the playing field for consumers who might not know all the tricks of the trade and protect them from deceptive and unfair business tactics and practices.
What is the Truth in Lending Act?
The Truth in Lending Act is a law that protects the consumer against inaccurate and unfair billing and credit card practices. It requires lenders to provide customers with true loan cost information so they can comparison shop for competing loans. It also provides the consumer with three days to back out of a loan process without losing any money. This was designed to protect consumers against unethical, high-pressure loan sales tactics.
What is an implied warranty?
An implied warranty automatically provides a base level of protection for the consumer on most consumer goods that are valued over a certain point. These are not written warranties by the manufacturer, they are implied by law.
There are two main types of warranties: express and implied. Express warranties are clearly stated (or expressed) either verbally or in writing. An implied warranty automatically provides a base level of protection on most consumer goods valued over a certain amount.
Are warranties required by law?
No, warranties are not required by law. However, the Magnuson-Moss Act requires that any business claiming or offering a warranty clearly display the details of the warranty on the product, and abide by any and all laws pertaining to enforcement and terms of the warranty.
A warranty is a written guarantee issued by a manufacturer to the purchaser of products that promises to repair or replace a faulty product for a specified time frame. Warranties are usually triggered by the date of purchase (so keep those receipts!). There are also after-market warranties available for purchase by the consumer for many items, like automobiles and electronics.
What is the Consumer Rights Act?
The consumer rights act of 2015 created a framework that consolidated key consumer rights, covering contracts for goods, services, digital content, and laws related to unfair terms in consumer contracts. Passed on October 1, 2015, it replaces the former legislation under the Sale of Goods Act and Supply of Goods and Services Act, and is intended to provide consumers with a degree of protection from shady business practices or tactics.
The FTC is the Federal Trade Commission, a governmental body that was created to prevent unfair methods of competition in commerce by regulation. The FTC investigates deceptive, fraudulent, and unfair business practices and prosecutes cases. They develop laws meant to maintain a fair marketplace for the consumer. They can also regulate corporate monopolies, or corporations that are trying to become a monopoly.