Debt troubles can extend far beyond harassing calls from creditors. In some cases, people have found themselves in court over an unpaid credit card balance, and even some that may not have been legitimate debts. The problem with credit card debt lawsuits is that each state carries its own laws about the statute of limitations  … Read more

Although not everyone needs bankruptcy protection, there are still plenty of benefits of the process. However, most bankruptcy lawyers advise at least attempting other debt relief solutions first, unless you have an asset at risk of foreclosure or repossession. If you can afford to repay creditors and have the time to do so, there are  … Read more

The once lucrative video rental chain, Hollywood Video, is back in the hot seat again. This time the bankrupt company is in trouble for attempting to collect on old debts, many of which may not even be legitimate. Cease Operations After their 2010 bankruptcy filing, Hollywood Video’s efforts to collect on suspicious debts is leaving  … Read more

Debt relief options come in many forms, each bringing their own risks and benefits. Options for finding debt relief cover everything from a simple debt management plan all the way to filing for bankruptcy. Some of the more popular options, such as a debt settlement offer or debt consolidation loan may seem like a good  … Read more

Dealing with debt is not an easy task, especially when finances become tight. Financial hardships can arise at anytime and without warning, which makes debt resolution a tricky situation. If you are suffering from overwhelming debts and the lack of income to pay them, there are a few key points you should know about your  … Read more

No one enjoys being in debt. It is a stressful position full of many tough decisions, but finding help can be just as overwhelming. Many people have a limited idea of the debt relief options available and how they can help. Getting to know the options is the best way to help choose the right  … Read more

Most consumers know very little about the debt collection process or their rights for dealing with collectors, but they do know a lot about the stress associated with collections. There are some very important aspects of debt collections that every consumer should know in order to better protect themselves from abuse and resolve their debts  … Read more

Debt collectors go to some great lengths to collect on their debt, including contacting your employer and family. Dealing with debt is difficult enough without the added hassle of having your privacy violated by a debt collector. Luckily, there are rules that debt collectors must follow and any violations of these rules can lead to  … Read more

Getting out of debt doesn’t always take an army. In fact, many people have successfully navigated their way out of debt with a little focus and effort. Depending on your financial situation, you may be able to follow suit and find debt relief without the help of a third party company. The Steps It is  … Read more

Debt collections are one of the  most dreaded phone calls a person can receive. They come at inconvenient times and can even be intimidating. For the past few years, the Federal Trade Commission has received an increasing number of complaints against debt collectors. While the FTC investigates violations of the Fair Debt Collection Practices Act,  … Read more