When you are in financial difficulty, it may seem impossible to keep making payment. What happens, however, when creditors run out of patience and file suit? Here’s what to do if a debt collector sues you. Debt Collection Lawsuits Debt collection lawsuits are the most...
Getting a call from collections is never fun. This is true even in the best case scenario (i.e. when it’s your account and you have the money to pay) because outstanding accounts can be a hassle, and honestly, who likes to see that kind of money draining suddenly from...
Debt is a double-edged sword. While some debt is good, too much can become an incredibly heavy financial burden. Here’s our guide to the latest creditor harassment laws and how to stop their calls. Address The Issue Before It Becomes A Problem First things first, if...
Earlier this month, The Buffalo News published an interesting article that provided some tips on how consumers can finally put a stop to the continuous calls they receive from debt collectors. These days, it seems as if the moment someone becomes delinquent on a loan...
Last year was tough for Florida residents. The state saw a dramatic increase in foreclosures and bankruptcy filings, and home values continued to plummet. Unemployment has remained high during the beginning of 2011, and individuals are struggling to keep up with their...
Creditor harassment has been a growing problem as more consumers face financial struggles in today’s economy. Florida consumers have received collections calls at all hours of the day including at work and at home. Collection agencies have even contacted...