If you are behind on a debt, or you owe child support, back taxes or a student loan, a court judgment entered against you mandates that a portion of your wages be garnished from your paycheck. This money will be sent directly...
The unsecured creditor extends credit on the faith of the buyers/debtors ability and willingness to pay. If the debtor fails to pay, the creditor has legal means to receive payment from the debtor. If the debtor does not pay...
In 1978 Congress passed the Fair Debt Collection Practices Act (FDCPA) to eliminate abusive practices and regulate the debt collection industry. According to the Federal Trade Commission’s website: Section 802...
You may already have more debt than you can handle, and looking for ways to reduce your payments. Then you see the advertisements come across your social media feed or in your email for services offering to improve your...
Many Americans are looking for ways to reduce or eliminate their consumer debt. If bankruptcy is in your immediate future, you may have to attend a mandatory credit counseling program. Credit Card Industry Some large...
