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 friends,...
Collection agencies are required to abide by federal debt collection laws. However, collection agencies also assume that most consumers are not aware of collection laws or that consumers will take the initiative to report creditor harassment. After a collection...
With the number of Americans struggling with debt in today's economy, many have been contacted by creditors and debt collectors regarding unpaid bills and delinquent accounts. However, debt collectors often turn to using threatening tactics in order to collect debt,...
Much of the discussion on our Miami bankruptcy law blog has focused on the financial struggles of those who own a home in Florida. After home values tanked across the nation, Florida homeowners discovered that they were hit especially hard in the foreclosure and real...
Some Florida college students may soon be worried about being able to complete their education. Last week, the board of trustees at Florida State College at Jacksonville agreed to set their own limits regarding how much some students can take out in federal loans....