Many types of debts contain a contract clause that provides for the lender to recover collection costs and attorneys fees. If a creditor needs an...

Can I be garnished for more money for the same debt after I've already been garnished and completely paid off that garnishment?

For an accounting of where your paid money has been applied, check the court records. Typically, the clerk will have an accounting to issue the new...

Filing for bankruptcy grants you an automatic stay against collection actions from creditors. By filing your bankruptcy case before the date the...

When you encounter problems with their servicer, you should reach out to the Consumer Financial Protection Bureau. The lenders tend to be really...

Can I avoid a court date for a judgment?

If you are set on paying the bill in full, contact whoever filed the lawsuit and say that you want to settle before the court date. But I recommend...

Can I apply for a small amount of credit before My chapter 7 is discharged?

You can apply for credit after going through bankruptcy, although it may be difficult to qualify for the credit. After bankruptcy, you will almost...

Garnishment of my wages from a 2001 debt

Garnishment occurs near the end of the debt’s lifespan, and it's often easier to keep a collector from getting the hooks into you than it is to get...

What should I do if I might receive a summons for medical debt soon?

You're going to want to avoid a default judgment and respond to the complaint. They might be still willing to negotiate the amount owed and set up...

If you discharged in Chapter 7 bankruptcy a previous SBA loan, would you ever be able to get another one?

A bankruptcy will remain on your credit report for seven to ten years and will make it more difficult to obtain credit, but it's still possible to...

The homestead exemption is typically automatic in Colorado, meaning you do not have to file a homestead declaration in order to claim the homestead...