Identify Who Is Contacting You Often, a creditor you owe will send the account to another entity, called a collector. You can stop collectors from calling you if you send a "Cease and Desist Letter"
Debtors “Engaged in Business”? The Bankruptcy Code requires more of debtors filing Chapter 7 who have been engaged in business, than it does of those whose income is from employment. If you are oper
What is a reaffirmation? A reaffirmation is a document that you and a creditor and your attorney sign in a Chapter 7 bankruptcy proceeding that makes your personal liability survive a Chapter 7 disch
Cleaning up Your Credit Report The fact that you filed a bankruptcy will stay on your credit report for 10 years after the date of last action in the bankruptcy case. Credit bureaus, however, often
Collection Practices That Violate The Fair Debt Collection Practices Act There are several things that a debt collector cannot do under the FDCPA. They cannot: • Call before 8am or after 9pm • Ca
We've all heard the term "statute of limitations." But creditors have to deal with statutes of limitations too. They have a limited period in which they can attempt to collect on ordinary debts like contracts, credit cards, etc.. This guide details what the statue of limitations does and does not cover, and how it can apply to your situation.
Can a Creditor Garnish My Social Security Benefits? Generally, Social Security Benefits are exempt from garnishment, except for debts to the U.S. Treasury, or child support or alimony (family support
Why do corporations file bankruptcy? Corporations generally only file Chapter 7 to liquidate assets, or Chapter 11 to reorganize. Only real people, not corporations, receive a discharge. Therefore,