Debt Collectors Cruise Faceboo...
Debt collectors are among the most creative, diligent, and slimy creatures on the planet. No surprise they’re now stalking their prey through Facebook and other social media.
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“Charged Off” Debt...
After you declined to make any payments for six months, your credit card issuer “charged off” your debt. Are you off the hook?
read moreCan’t Make Minimum Credi...
Short of cash to make all of your minimum monthly credit card payments? Don’t panic. Here’s how to do the best you can with what you have.
read morePaying Debts in Collections
If you have a debt in collections, life can get ugly. The last person from whom you want to take advice about how to resolve the debt is a debt collector. Instead, form your own plan based on your situation and aggressively attack the debt.
read moreDoes Repossession Cure Debt?
Let’s say you’ve been laid off or suffered other bad luck, and you can no longer afford to make both payments on your two cars. Would turning over a car to its lienholder and walking away solve your problem?
read moreConsidering Bankruptcy?
You may know that filing bankruptcy will crush your credit for about a decade. But if you’re considering bankruptcy, do you know that the timing of filing can make or break your plan for a fresh financial start?
read moreInstallment Loan Money Trap
You know payday lending is designed to entice you into very costly borrowing. So-called “installment loans” are just as nasty and can suck money out of your pocket faster than a $10 minimum blackjack game.
read moreWill You Be Sued?
The debt collector’s ultimate weapon is a lawsuit. But not all debtors are “suit-worthy.” If you’re past due on a debt, how can you judge the likelihood that a collection agency will follow through a threat to sue you?
read moreSend a Cease & Desist Let...
You have the right to force that nasty debt collector to stop contacting you. But doing so might have even nastier consequences.
read moreDebt Collector Hassles?
Debt collectors can be real jerks! If you owe, the collector has a right to work at getting you to pay. But you don’t have to put up with many of of most common—and illegal—collection tactics.
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