Can you hear me now? Or now? And later? One of the biggest complaints our clients have and what frequently drives them to contact us for relief are the constant phone calls. Debt collectors are restrained under the Fair Debt Collection Act from making contact except under named circumstances, which the act generally restricts to […]
Debt Consolidation and Debt Settlement Companies
Barely a week goes by when I’m not asked by a potential client about using a debt consolidation company or debt settlement company. Also barely a week goes by when a potential client comes to the office with a story of already having tried the debt consolidation company with bad results. In general, we advise […]
“Judge Not Lest Ye Be Judged”
The Biblical quotation has nothing to do with the topic, but it sounds cool. Judgments, by that I mean the kind of court judgment, are court orders creditors take against an unresponsive debtor who largely ignored all the warning signs. Creditors, collection agencies, and collection attorneys will usually make dozens of contacts by phone and […]
Bankruptcy, Mortgages, and Foreclosure
We are all living through something not faced in our lifetimes. Real estate values have plummeted leaving many with debt that exceeds the value of their homes. When you are in this situation, sale of the property is difficult or impossible. Along with this phenomena, many are facing decreased or loss of income making it […]
Student Loans and Bankruptcy
Student loan debt is rapidly becoming a crisis in America. There is somewhere in the neighborhood of $1,000,000,000,000 dollars of outstanding student loan. That’s a lot of zeros. Of this amount approximately $85,000,000,000 is past due or in default. Again, that’s a lot of zeros. Many people have heard that student loans can’t be discharged […]