Sawin & Shea

JANUARY 18, 2023

If you’re struggling with overwhelming debts, Chapter 7 bankruptcy could be your best option. Chapter 7 is the most common form of bankruptcy for individuals and families, and it allows you to discharge many of your unsecured debts within only a few months. What is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy 81

Chapter 7 bankruptcy Bankruptcy Chapter 13 bankruptcy Unsecured Debt 81

Sawin & Shea

AUGUST 24, 2020

If you’re dealing with debt and considering filing for bankruptcy, it’s a good idea to get professional legal advice on how to handle the proceedings. Credit counseling and debt management agencies may be able to assist you as you work, but with so many untrustworthy schemes out there, how do you know what the right step should be?

Chapter 13 bankruptcy 98

Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Debt collector 98

Credit Corp

MARCH 12, 2025

Dealing with credit card debt is challenging, let alone facing a debt lawsuit.If If you find yourself being sued by a debt collector, you may wonder how to get a credit card lawsuit dismissed. Unfortunately, as consumer debt rises, lawsuits are becoming more and more common. An estimated 2.5

Debt collector 52

Debt collector Credit Card Debt Creditors Bankruptcy 52

Burt and Associates

SEPTEMBER 23, 2019

Debt collectors get an incredibly poor reputation, but they are invaluable to both businesses and individuals. If you find yourself in this situation, you should know the best ways to deal with debt collectors to make the process as painless as possible. Reasons a debt collector is reaching out to you.

Debt collector 58

Debt collector Credit Counselor Creditors Collections Agency 58

PDC Flow

FEBRUARY 27, 2025

Compliance can be even harder when scammers actively try to disrupt your debt collection practices through call baiting. Why is call baiting done and what can debt collectors do to prevent the practice? To Buy Time Or Avoid Bankruptcy Some baiters are just trying to stall between attempts to collect their debt.

Collections 52

Collections Debt collector Debtor Fair Debt Collection 52

Troutman Sanders

FEBRUARY 7, 2023

On January 9, the Seventh Circuit overturned its own 39-year-old precedent to find that: (1) the definition of “transfer” for purposes of section 547 of the Bankruptcy Code depends on federal, not state, law; and (2) the date of “transfer” is the time at which the money passes to the creditor’s control. Creditmax Collection Agency, Inc. ,

Bankruptcy 52

Bankruptcy Garnishment Debtor Debt collector 52

Sawin & Shea

SEPTEMBER 27, 2023

Filing for bankruptcy can provide you with a much-needed second chance when it comes to your finances. If you are a victim of debt collector harassment, it’s important to know the debt collection laws, and consider your options for debt relief. What is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Debt collector Debtor 52

Credit Corp

JUNE 3, 2020

Common methods include wage garnishment , property attachments and property liens. This is known as wage garnishment. These payments are sent to the judgment creditor until your debt is paid. The Consumer Credit Protection Act caps these types of garnishments. Nonwage garnishment. These laws vary. Property liens.

Judgment 98

Judgment Garnishment Creditors Law Firms 98

Taurus Collect

MARCH 5, 2024

Ignoring debt collectors may seem like a temporary solution to financial woes, but it often leads to more severe repercussions down the line. Engaging with a debt collections service is a crucial step towards managing and settling outstanding debts. Legal Actions: Ignoring debt collectors can potentially lead to lawsuits.

Debt collector 52

Debt collector Asset liquidation Debtor Education 52

Sawin & Shea

MAY 2, 2024

If you’re struggling with overwhelming debt, you may be wondering if bankruptcy is the right solution for your financial situation. One of the most common questions people have is “How Much Debt is Needed to File for Bankruptcy?”

Bankruptcy 52

Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Unsecured Debt 52

Debt Free Colorado

JUNE 18, 2024

Know How to Stop Creditor Harassment & Wage Garnishment Debt can be a heavy burden. You may be considering Chapter 7 bankruptcy. Consulting with a Chapter 7 bankruptcy attorney in Boulder, CO, can help determine if it is the right solution. Our blog will provide a general overview of Chapter 7 bankruptcy.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Creditors Garnishment Unsecured Debt 52

Sawin & Shea

DECEMBER 8, 2021

Bankruptcy is often a valuable tool for overcoming debts, but it’s not for everyone. The number of individuals filing for bankruptcy has decreased in the last 20 years, but the number of older individuals declaring bankruptcy has increased. One in seven people filing for bankruptcy is older than 65.

Bankruptcy 52

Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Creditors 52

Debt RR

AUGUST 3, 2020

This unpaid debt can lead to a serious problem for businesses: garnishment. Bank account garnishment can create serious cash flow blocks for companies of all sizes, and those cash flow problems can compound into other issues, like payroll concerns and late payments on other accounts.

Garnishment 40

Garnishment Banks Student loans Student Loans 40

Debt Free Colorado

MARCH 3, 2023

Find Out the 10 Common Questions About Bankruptcy with Colorado Bankruptcy Lawyers. The decision to file for bankruptcy is a significant one, and we are here to assist you in determining whether bankruptcy is the best course of action for your circumstances. Do bankruptcies come in different types?

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Credit Counselor Chapter 7 bankruptcy 52

Credit Corp

MAY 30, 2023

This is known as wage garnishment. These payments are sent to the judgment creditor until your debt is paid. The Consumer Credit Protection Act caps these types of garnishments. Nonwage garnishment. If you’re retired, unemployed, or self-employed, your bank account may be garnished instead. Property liens.

Judgment 75

Judgment Garnishment Creditors Law Firms 75

Sawin & Shea

JANUARY 25, 2022

Dealing with debt can be scary and overwhelming, especially if you don’t know what will happen if you miss too many payments and default or have to file bankruptcy. While bankruptcy itself can also be scary, it is often the best option if you have too much debt to get a handle on your financial situation.

Unsecured Debt 52

Unsecured Debt Collateral Secured debt Bankruptcy 52

The Kaplan Group

OCTOBER 19, 2020

The United States Trustee Program also keeps a list of credit counseling agencies approved to provide pre-bankruptcy counseling. Debt Settlement Services. You can learn more about involving the courts in debt collection here. Garnishment. Garnishments generally require a court order. Statute of Limitations.

Credit Counselor 59

Credit Counselor Garnishment Debt settlement Fair Debt Collection 59

Debt Guru

APRIL 12, 2020

As the fees pile up and the interest compounds, you might face a debt collector or even a civil lawsuit. The resulting court judgment remains public for seven years, and a successful lawsuit can lead to garnishment of your wages or even seizure of your assets. They may even call your personal references.

Loans 98

Loans Lender Credit Unions Credit Unions 98

Sawin & Shea

NOVEMBER 15, 2023

If you’re struggling with financial hardship, filing for bankruptcy can be an effective way to get back on your feet. But filing for bankruptcy in Indiana doesn’t mean every outstanding debt you’ve ever incurred gets wiped away. Declaring bankruptcy will discharge most types of debt but not others.

Unsecured Debt 52

Unsecured Debt Chapter 7 bankruptcy Collateral Bankruptcy 52

Collection Industry News

SEPTEMBER 23, 2020

. • Debt collection cases have claimed an increasing share of the civil docket, making up about 30% of the civil court caseload in the one state where comprehensive data was available. • The dollar value of claims filed annually by debt buyers increased from $6 billion in 1993 to $98 billion in 2013. Filing bankruptcy.

Collections 40

Collections Debt collector Chapter 13 bankruptcy Chapter 7 bankruptcy 40

Credit Corp

JUNE 14, 2023

At that point, your cable company sends the bill to a debt collector. It’s worth considering this when deciding whether to settle an old debt you owe. Bankruptcy: Seven or 10 Years Bankruptcies show up in the public records section of credit reports.

Foreclosure 89

Foreclosure Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy 89

Collection Industry News

MAY 30, 2022

New Yorkers facing debt-collection lawsuits are poised to get a little extra help in the wake of a federal court’s ruling — and some observers say it could translate to a win for consumers across the country who have basic legal questions but can’t afford a lawyer. Volunteers would offer the advice after training, according to court papers.

Lawyers 40

Lawyers Debt collector Bankruptcy Judgment 40

Direct Recovery

APRIL 18, 2023

The commercial debt collection process typically involves everything from communicating with debtors about the amounts owed and negotiating payment terms to pursuing legal action and obtaining a judgment against a debtor and garnishing their wages.

Collection Agent 52

Collection Agent Collections Debt collector Collections Agency 52

Credit Corp

JULY 9, 2024

Ignoring student loans can damage your credit score, lead to wage garnishment, and accrue interest and fees. Student loan debt in the United States stands at $1.727 trillion as of 2023. The repayment process may seem overwhelming if you’re among the more than 43 million borrowers with outstanding student loan debt.

Student loans 52

Student loans Student Loans Loans Accrued Interest 52

Credit Corp

JULY 20, 2020

When you miss too many payments, your creditor may charge off the debt. When your debt is charged off as a bad debt, don’t fool yourself into thinking it goes away. A charged off debt can lead to harassing phone calls, garnished wages, and a major drop in your credit score. in the final quarter of 2019.

Debt Consolidation 98

Debt Consolidation Creditors Creditworthiness Third-party Debt Collectors 98

Better Credit Blog

AUGUST 31, 2020

When your bills go unpaid for a few months, they may be turned over to a debt collections agency like PMAB LLC. Debt collectors either purchase debts at a discount from lenders and service providers, or they work for the company to collect the debt, earning a percentage of the payment. Negotiate a Partial Payment.

Debt collector 52

Debt collector Collections Agency Collection Agencies Third-party Debt Collectors 52

Better Credit Blog

SEPTEMBER 8, 2020

It could only take one missed payment on your car loan, credit card, or phone bill to harm your credit score and wind up on a debt collector like Northland Group’s list. Fortunately, an entry from a debt collector is one of the most easily reversible marks, as long as you know how to confront them. Northland Group, Inc.,

Debt collector 52

Debt collector Collections Agency Collection Agencies Collections 52

Better Credit Blog

SEPTEMBER 17, 2020

The Fair Debt Collection Practices Act provides you with yet another advantage, the ability to ask collections agencies to provide validation that you owe what they claim you do. Since A1 Collections is a third-party debt collector, there’s a strong possibility they don’t have the documentation they need.

Collections 52

Collections Collections Agency Collection Agencies Third-party Debt Collectors 52

Debt RR

DECEMBER 13, 2019

This leaves businesses struggling to maintain revenue while debt continues to pile up. There are 35 major bankruptcies in 2019 so far, and over two-thirds happened in retail. trillion worth of debt. When faced with mounting debt, it’s inevitable that someone will come to collect. Handling Debt Collectors.

Debt collector 41

Debt collector Debtor Bankruptcy Creditors 41

Better Credit Blog

MAY 12, 2022

And, after ordering you to repay the money, a judge could approve wage garnishment which means the court would take part of your paycheck and give it to the creditor before you even see the money! This still hurts your credit because you had an account go into the legal system before paying it — very costly for the debt collector.

Judgment 71

Judgment Creditors Debt collector Collections Agency 71

Sawin & Shea

FEBRUARY 9, 2021

When you’re deeply in debt, it feels as if debt collectors are always at your heels, grabbing at you for money. Bankruptcy finally frees you from this burden and allows you to shed old debt. But certain debts just refuse to die. This is called zombie debt. This is called zombie debt.

Debt collector 98

Debt collector Bankruptcy Creditors Fair Debt Collection 98

Credit Corp

JUNE 14, 2020

If the original creditor went to court and obtained a judgment against you for a debt, the zombie debt cycle can be more complicated. First, judgments provide the creditor with the legal means to collect via actions such as wage garnishments or bank account liens. Why Is Zombie Debt Such a Problem?

Debt collector 98

Debt collector Judgment Collections Agency Collection Agencies 98

Collection Industry News

OCTOBER 6, 2020

It was a great time to be a debt collector. In August, Encore Capital, the largest debt buyer in the country, announced that it had doubled its previous record for earnings in a quarter. The company said it had stopped seeking orders to garnish bank accounts. It is, however, seizing wages.

Debt collector 40

Debt collector Garnishment Banks Foreclosure 40

Collection Industry News

JUNE 14, 2021

Ciffa’s offices in Niagara Falls and Kenmore, debt collectors intimidated their victims with illegal threats of arrests and lawsuits. According to federal prosecutors, an elderly cancer patient in Texas was so rattled by the threats that she borrowed $500 from her sister to help pay off a debt of $1,285. Source: site.

Debt collector 40

Debt collector Judgment Collections Collection Companies 40

Sawin & Shea

OCTOBER 5, 2022

Debt collectors may charge an additional 18% to 40% on your defaulted balance, making repayments even more challenging. If you owe $20,000 in student loans, you could face an additional $8,000 capital on your debt. If you owe $20,000 in student loans, you could face an additional $8,000 capital on your debt.

Student loans 93

Student loans Student Loans Loans Garnishment 93

Troutman Sanders

MARCH 4, 2024

An investigation by the Office of the AG (OAG) found that the debt collection law firm and its subsidiary often sued tenants on behalf of landlords in New York City Civil Court on issues that were already resolved in Housing Court. s Municipal Regulations. Businesses should continue posting these notices as required by the D.C.

Financial services 52

Financial services Law Firms Acquisition Debt collector 52

Troutman Sanders

JULY 26, 2021

Resolution plans describe the company’s strategy for rapid and orderly resolution under bankruptcy in the event of material financial distress or failure. On July 16, Massachusetts Attorney General Maura Healey issued guidance “to protect families [that] have begun receiving a federal child tax credit this week from debt collection practices.”

Financial services 52

Financial services Student loans Student Loans Garnishment 52