This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Know How to Stop Creditor Harassment & Wage Garnishment Debt can be a heavy burden. Wage garnishment is a legal procedure where a creditor obtains a court order to withhold part of your earnings from your paycheck to repay a debt. This stops creditor harassment and wage garnishment for most debts. What is Wage Garnishment?
Bankruptcy will wipe out credit card debt, medical bills, and personalloans, 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.
Short foreclosure protection – When your home is faced with foreclosure, the automatic stay is not in effect indefinitely. Co-signing a loan carries a risk – Anyone who co-signs a loan may be obligated to repay the debt on your behalf. The lender protects the borrower against foreclosure. medical debt .
With a deep commitment to personalized service, we take the time to understand your unique circumstances and tailor our approach to your specific needs. This powerful solution can immediately halt creditor harassment, wage garnishments, and lawsuits, allowing you to breathe a sigh of relief and regain control of your financial life.
Obtaining PersonalLoans with a Cosigner Having a co-signer on a personalloan or credit card means that you associate another individual with your debt. Creditors can pursue reimbursement from the co-signer via repossessions, foreclosures, wage garnishment , and other aggressive actions.
Bankruptcy does have some benefits, such as potentially putting a stop to wage garnishments or foreclosures. For example, even if you’re in the middle of a home foreclosure, the automatic stay can stop that process so you can work through bankruptcy to keep your home. Should You File for Chapter 11 Bankruptcy?
Unsecured debt would include things like: Medical bills Credit card bills Utility bills Back rent Personalloans At the end of the bankruptcy process, the remaining balances for these types of unsecured debts will likely be forgiven. A Chapter 13 plan can cure arrearages on houses or cars, stopping foreclosures and repossessions.
Credit cards, medical bills, and personalloans make up most unsecured debt that bankruptcy can eliminate. This type of bankruptcy often eliminates credit card debt, medical bills, and personalloans. PersonalLoansPersonalloans are borrowed money that you agree to pay back over time.
It can garnish wages and bank accounts, • It can force the sheriff to seize your home, real estate, and personal property. Failing to respond to a lawsuit can result in default judgment on a case you could have won, and end in wage garnishment or loss of other assets. Bond & Botes Helps People Struggling with Debt.
1992) (emphasis added, citation and quotation marks omitted) (personalloan from friend used to start software business not a “debt” under the Act: “Neither the lender's motives nor the fashion in which the loan is memorialized are dispositive of this inquiry.”). These cases arose in the context of non-judicial foreclosures.
The types of credit accounts you can expect to see in this section include: Mortgages , home equity loans, and home equity lines of credit. Student Loans. Auto Loans. PersonalLoans or Other Installment Loans. Foreclosure. Garnishments. Credit Cards. Civil judgments.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content