If you take out a car loan, or if you use your car as collateral on a credit facility, you risk having your car repossessed if you do not make your payments in time. But as with any industry, it is not uncommon to have a few bad apples in the credit industry....
When faced with financial difficulties and debt, one of the most stressful aspects for many individuals is the potential for debt collectors to contact their family members. Many people are concerned about the embarrassment or stress this might cause their loved ones...
People who have debts they can’t pay know how difficult it is to deal with debt collectors. Many people know that debt collectors will do anything within their power to collect what they’re owed. What some don’t realize is that there are limits to this. The Fair Debt...
Knowing that you owe a company money is a difficult situation to be in. The last thing that you probably want to happen is that they start collection attempts. While many debt collectors comply with laws regarding collection attempts, others are unscrupulous. Debt...
It's rarely good news when the phone rings early in the morning or late at night. This is especially true when a debt collector is on the line. The call is likely to be tense as the debt collector pressures you to make a payment and tries to scare you with what could...
Anyone struggling with debt in Minnesota knows how stressful the situation is. Many debt collectors will try to capitalize on that stress by illegally attempting to seize your property, including your vehicles. If a repossessor calls for your vehicle, you must take...
Consumers in Minnesota and the rest of the nation have reason to rejoice. The Consumer Financial Protection Bureau (CFPB) has issued a new rule. This decision is one that grants states a much wider range of powers to protect consumers. The new rule is set to take...
The stress of debt on consumers in Minnesota is enough without getting constantly contacted by third-party debt collectors. The Fair Debt Collection Practices Act passed in 1971 protects you from deceptive and harassing collectors. The collectors have limits on how...
If you get behind on debt in Minnesota, third-party debt collectors may soon start calling. However, many consumers don't know that debt collection agencies can't do anything they want. You have rights under the law to protect yourself from creditor harassment. The...
Minnesota residents who have financial obligations will often receive annoying calls from debt collectors. However, if you have settled through bankruptcy and your debts were discharged, you shouldn’t be receiving such calls. It’s important to know what to do. Can...
