Category:
Debt Relief
Did you know there are laws to protect you from being harassed by debt collectors? From lying about your debt to pestering you repeatedly on the phone, the Fair Debt…
A friend confides that the house sale she thought would bring a free-and-clear down payment on a retirement condo in sunnier climates took a surprise turn. Before settlement, her husband…
Chapter 11 bankruptcy does for businesses what Chapter 13 does for individuals in terms of buying time to reorganize in hopes the business can turn things around and pay off…
Debt relief vs. bankruptcy is on a lot of our minds these days. Not without reason. Some of us are in big financial trouble. U.S. households owe $17.8 trillion in…
Feeling the squeeze from financial worry? Saying you’re not alone isn’t useful. Saying there’s professional help for your condition just might be the best thing this side of winning the…
When you’re looking for financial advice, you would hope there are two things you can count on from the person on the end of the phone: They know what they…
Americans who carry balances month over month should be alarmed by the interest they’re paying: As the Federal Reserve persists in incremental hikes, credit card rates keep surging. But there’s…
Kevin Briggs was a successful landlord with a six-figure income, but after a year of pandemic challenges, he found himself in 2021 with $45,000 in credit card debt. “I was…
Walter was one of millions of Americans financially swept under during the Great Recession a decade ago. Before the downturn, he and his wife owned a large home in western…
So, you’ve finally taken the big step and enrolled in a debt relief program. Now what? If you’re going to succeed, you’ll have to alter the lifestyle that got you…
Sources:
- N.A. (ND) Fact Sheet #30: The Federal Wage Garnishment Law, Consumer Credit Protection Act’s Title III (CCPA). Retrieved from https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/whdfs30.pdf
- N.A. (ND) Fair Debt Collection Practices Act. Retrieved from https://www.ftc.gov/legal-library/browse/rules/fair-debt-collection-practices-act-text
- N.A. (2022, March) Fair Debt Collection Practices Act, CFPB Annual Report 2022. Retrieved from https://files.consumerfinance.gov/f/documents/cfpb_fdcpa_annual-report-congress_04-2022.pdf
- NA (2021, November) How often can a debt collector call me? Retrieved from https://www.consumerfinance.gov/ask-cfpb/how-often-can-a-debt-collector-call-me-en-2110/