Being contacted by a debt collection law firm like Graham Newman, LLC can feel intimidating, especially if you’ve received persistent calls, demand letters, or even a lawsuit. Before reacting out of fear, it’s important to know who this firm is, what rights you have under the law, and the options available to resolve your debt responsibly. This guide will help you better understand Graham Newman, LLC’s role, debt negotiation strategies, and how to protect yourself from unfair collection practices.
Who Is Graham Newman, LLC?
Graham Newman, LLC is a debt collection law firm based in Columbia, South Carolina. They represent creditors and financial institutions that are owed money and work to recover unpaid balances from consumers. Their methods may include sending demand letters and collection notices, contacting consumers by phone, and filing lawsuits in state court to recover debts.
Since law firms have the authority to pursue legal action, ignoring communications from them can have serious consequences, such as wage garnishment, bank levies, or property liens. That’s why it’s essential to know your rights before responding.
Contact Details:
Address: 4500 Fort Jackson Blvd, Suite 250, Columbia, SC 29209
Phone: (803) 233-7050
Can You Negotiate with Graham Newman, LLC?
Yes. Many people assume that once a debt collection law firm is involved, negotiation is no longer possible. In reality, creditors and their representatives are often willing to settle debts for less than the full balance or to agree on a structured repayment plan.
Option 1: Lump-Sum Settlement
If you can access funds, offering a lump-sum settlement can resolve your debt quickly. Creditors may accept 40–60% of the balance as a one-time payment. To do this safely, request a debt validation letter to confirm accuracy, start your negotiation lower than your maximum offer, and always get written confirmation before paying.
Option 2: Payment Plan
If a lump-sum isn’t possible, ask about an installment plan. You can negotiate lower monthly payments, request the removal of interest and late fees, and ensure that the agreement is provided in writing before sending any payments. Both options can help you avoid litigation and regain financial stability.
Your Legal Rights Under the FDCPA
The Fair Debt Collection Practices Act (FDCPA) protects consumers from abusive or deceptive practices. Even if you owe money, Graham Newman, LLC and other collectors must follow federal guidelines. They cannot call before 8 AM or after 9 PM without permission, threaten jail time or criminal charges, misrepresent the debt, send fake legal documents, or discuss your debt with family members or employers. They are also prohibited from harassing you with repeated or aggressive calls.
If you believe your rights have been violated, you may be entitled to damages and can take legal action against the firm.
What If Graham Newman, LLC Sues You?
Receiving a court summons from a law firm is serious and requires immediate attention. The most important thing to remember is not to ignore it. Failing to respond could result in a default judgment, which allows the firm to garnish wages or seize assets.
Verify the details of the lawsuit to ensure the debt is correct and not past the statute of limitations. Then, consult an attorney who can guide you through the process, help you prepare a proper response, and even negotiate on your behalf.
How Long Can They Collect on a Debt?
The statute of limitations for debt collection varies by state and type of debt, typically between three to ten years. Once this period expires, collectors cannot sue you for the debt, though they may still attempt to collect. Be careful not to restart the statute of limitations by making small payments or acknowledging the debt without understanding the legal consequences.
Should You Consider Debt Settlement?
Debt settlement can be a smart solution if you’re unable to pay in full, but it’s not without risks. Some of the advantages include paying less than the original balance, avoiding further legal escalation, and gaining peace of mind by ending collection calls. However, there are drawbacks such as a negative effect on your credit score, the possibility of forgiven debt being taxed as income, and the risk of scams from untrustworthy settlement companies.
How Consumer Rights Law Firm PLLC Can Help
At Consumer Rights Law Firm PLLC, we specialize in defending consumers against aggressive and unfair collection practices. If you’re dealing with Graham Newman, LLC, we can help stop harassing calls and letters, challenge inaccurate or outdated debts, negotiate fair settlements, and defend you in court if you’re sued.
Our mission is to protect consumers’ rights and provide peace of mind when facing debt collection stress.
Free Consultation: Call us today at (877) 700-5790.
Final Thoughts
Being contacted by Graham Newman, LLC doesn’t mean you’re powerless. You have rights under the FDCPA, and you also have options to negotiate or defend yourself in court. Whether through a lump-sum settlement, payment plan, or legal defense, you can take control of the situation. Don’t wait until it’s too late—know your rights, explore your debt relief options, and seek professional legal help if needed. Taking the right steps today can protect your finances and give you peace of mind tomorrow.