Debt Collections

Despite their many threats, it is simply not in the best interest of creditors to litigate every debt. The costs of going to court can be more than the amount recovered through a judgment. Therefore, if you are sued by creditors, chances are the amount in question is significant. The suit will probably allege the debt and enter... more »

If you are in debt and collection agencies are calling you and sending you letters advising you to pay up, there is a possibility that they may file a lawsuit against you in an attempt to collect money you owe. However, there are laws regulating lawsuits against debtors, and if a collection agency threatens to sue you in an abusive... more »

Before working with a collection agency or settling a debt, know the state laws on credit card debt. Learn about personal rights as a debtor and how to prevent abusive calls from collection agencies. more »

Debt collection agencies are bound by many federal, state and local laws. Although they may seem quite powerful, with the ability to dictate the financial future of an entire family, in reality they have very little actual power to collect on debts. While they can file damaging credit reports and send letters in the mail, make phone... more »

Business owners and managers rather routinely receive garnishment orders from courts. If you receive a garnishment order in regard to one of your employees, there are very specific steps that you must take in order to comply with the order. You need to make sure that you understand the garnish process and comply with the order in a... more »