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On May 26, 2022, the North Carolina Attorney General (NC AG) announced that it obtained a default judgment against a California-based debtsettlement business, and its proprietor. The post North Carolina AG Permanently Enjoins DebtSettlement Business appeared first on Collection Industry News. Source: site.
Bankruptcy will wipe out credit card debt, medical bills, and personal loans, but will not eliminate primary obligation debt; things like student loans, child and spousal support, and newer tax debt. Bankruptcy can also stop or delay a home or mortgage foreclosure, stop collection actions, stop garnishments and lawsuits.
You can work directly with the mortgage lender on a loan modification, or reach out to the Colorado Foreclosure Hotline for free assistance. While credit cards and other unsecured loans are almost always the most aggressive when it comes to collecting debts, they should generally be your lowest priority. Credit Cards.
Protect secured debt (home and car) from default to avoid a repossession or foreclosure. Negotiate unsecured debt (credit cards) if you are unable to keep up with payments. Why is a Chapter 13 Bankruptcy Worse a DebtSettlement Program? Take advantage of payment waivers. Frequently Asked Questions.
Greece: Out of Court Workout process Legal Provisions in Greece such as the " Katseli Law" aim to protect debtors' primary residences from foreclosure and eviction due to over-indebtedness , by provid ing avenues for debt relief while allowing debtors to keep their homes.
Greece: Out of Court Workout process Legal Provisions in Greece such as the " Katseli Law" aim to protect debtors' primary residences from foreclosure and eviction due to over-indebtedness , by provid ing avenues for debt relief while allowing debtors to keep their homes.
Meet with an attorney to discuss your financial circumstances and options including debtsettlement, repayment plans, Ch. Lawsuits, garnishments, foreclosures, and other collections stop at this time. For those of you who may not be able to view the image, the text follows: Chapter 7 Bankruptcy Timeline. Initial Consultation.
Proceed with caution, though, “since these options use your home as collateral, you could face a foreclosure if you do not keep up with payments for any reason.” ” What Are Some Other Options To Debt Consolidation Loans? You will then pay back your debtsettlement agency. ” How Do I Get My Money?
Proceed with caution, though, “since these options use your home as collateral, you could face a foreclosure if you do not keep up with payments for any reason.” ” What Are Some Other Options To Debt Consolidation Loans? You will then pay back your debtsettlement agency. ” How Do I Get My Money?
The court found that the defendants falsely promised to reduce homeowners’ mortgage payments and prevent foreclosures, defrauding distressed homeowners out of millions of dollars. On February 15, the CFPB published a blog recounting its action against a student loan debt relief business and a debt-settlement company.
Whether you’re facing foreclosure , repossession, wage garnishments, or relentless creditor harassment, our expertise in bankruptcy law can offer the protection and relief you’ve been seeking. When Bankruptcy Makes Sense In some situations, bankruptcy provides much more powerful debt relief than any alternative.
This legal shield blocks creditors from calling you, stops foreclosure sales, prevents wage garnishments , and halts all collection lawsuits. A bankruptcy lawyer can suggest other ways to manage your unsecured debts. This might include debtsettlement or negotiation with creditors.
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. The company was operating without registering as a debtsettlement service provider as required by Minnesota law.
On May 26, North Carolina Attorney General Josh Stein issued a press release, indicating his office had won a permanent ban against an individual and his businesses from offering debt relief, debtsettlement, foreclosure assistance, and mortgage loan modification services to North Carolinians.
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. You may access this interactive tool at [link].
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