Archive for August, 2010
What Collectors Can’t Do to You
According to the Fair Trade Commission, the Fair Debt Collection Practices Act lists what rights consumers have when dealing with debt collectors, including: * A debt collector can’t contact you at unreasonable hours, defined by the act as between 9 p.m. to 8 a.m., unless you give permission. * You can tell a collector — [...]
Read Full Post | Make a Comment ( None so far )Bankruptcy Filings Rise 20 Percent in June
Bankruptcy filings rose 20 percent in the 12-month period ending June 30, 2010, according to statistics released today by the Administrative Office of the U.S. Courts. A total of 1,572,597 bankruptcy cases were filed in federal courts in that period, compared to 1,306,315 bankruptcy cases filed in the 12-month period ending June 30, 2009. This is the [...]
Read Full Post | Make a Comment ( 1 so far )How to Find a Good Debt Settlement Attorney
Once you’ve made the decision to use debt settlement to clear your debts, you must next search for a knowledgeable and experienced debt settlement attorney. Sharing your financial information with someone is intimidating and with all of the debt settlement services available, choosing one is difficult. But with a little bit of research and time, [...]
Read Full Post | Make a Comment ( 2 so far )Student Debt: Is Bankruptcy The Answer?
Do you see no end in sight for paying off your student loan debt? Are you thinking about bankruptcy but have heard qualifying is difficult? How do you know if bankruptcy is right for you or if possible another option is better? Who Can Discharge Student Loans in Bankruptcy Discharging student loan debt is not [...]
Read Full Post | Make a Comment ( None so far )Local Debt Collector Fined for Harassing Customers
Buffalo, NY (WBEN) — A local debt collection agency has agreed to pay a $125,000 fine, as part of a settlement with the New York Attorney General’s Office. Hamburg-based Lewis Hastie Receivables acknowledged that it violated debt collection laws by “harassing and intimidating consumers.” “Consumers did not receive verification of the debt,” Deputy Attorney General for [...]
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