Debt Collection Companies: What You Need To Know When you fall behind on a debt for an extended period of time, creditors will often send your account to “collections.” As many of you probably already know, this means that you will have a debt collector ... Read full article
Debt Collectors Cannot Use False or Misleading Statements to Collect a Debt Under the Fair Debt Collection Practices Act (FDCPA), a debt collector is prohibited from using false or misleading statements in order to collect a debt. A new decision out of the ... Read full article
Debt Collectors Offering Credit Cards With a Catch… Just when you thought debt collectors couldn’t get any lower, that they couldn’t be any more obnoxious or unethical, they started offering credit cards in exchange for paying expired debt. Yes, you read ... Read full article
When you are considering bankruptcy, you have often been behind on payments for months. You have run up credit card debt, and missed payments on your car and mortgage. And now, perhaps your lender is threatening to repossess your car. What are your ... Read full article
Wells Fargo Freezing Accounts of Bankruptcy Debtors For years, Wells Fargo has taken an unusual and sometimes unpopular stance with regard to the bank account funds that bankruptcy filers have at their branches. Every evening, Wells Fargo checks the ... Read full article
As a Dallas bankruptcy attorney, I find that many people leave bankruptcy with little knowledge of what to do next. Obtaining a fresh start is great, but knowing where to go and what steps to take next are crucial for financial success after exiting ... Read full article
Bankruptcy Filings Lower in Tucson, Arizona and Phoenix, Arizona Than Last Year Arizona bankruptcies have been declining in number for the last 9 months. Statewide filings fell 23 percent in October of 2011, and overall bankruptcy filings are down 13 ... Read full article
No one enjoys repeated phone calls from mysterious numbers with voice messages containing the following: “we are calling to discuss an important business matter concerning [you!]” . There are a few things to know when speaking to a debt collector that can ... Read full article
So you have been sued and are wondering what to do next. The first thing aside from having a lawyer review the Complaint is to carefully read everything yourself and determine how long you have to file an Answer at the Courthouse to avoid a default ... Read full article
In the current home foreclosure crisis, it seems some banks have become trigger happy. It has become a bit of a recent anomaly why banks have suddenly and mistakenly gone after some homeowners with whom they have no claim. Recently, Bank of America ... Read full article
It is a harsh reality of today’s post-collegiate environment – two-thirds of all students now graduate with burdensome debt that can follow for many years to come. Following a recent news story on CBS Evening News, a comment was made that a student CAN ... Read full article
Most people don’t realize that filing bankruptcy can stop a garnishment. The conventional thinking is, “Well, they got the judgment in court, so nothing I can do”. Nothing can be further from the truth. Bankruptcy can and will stop the garnishment, even ... Read full article
Too much debt! Phones ringing off the hook! Debt collectors are hiding out in the shrubbery behind the house. The debtor finally files for bankruptcy. A bankruptcy estate is created. A trustee is appointed with a fiduciary duty to creditors, the trustee ... Read full article
