More and more debt collection agencies are leveraging automated robocalls to make debt collection efforts. This has made it increasingly challenging for individuals to differentiate between legitimate calls and unsolicited (and, quite often illegal) ones. Many people...
The wrongful repossession of a motor vehicle can feel like a violation against your person and dignity. Worse, since the average person does not know what constitutes a wrongful repossession, most fail to seek a remedy. Below, you can find out what agents may do and...
Recovering from a serious illness and long hospital stay can be challenging enough without a hefty medical bill waiting at the end of it. For most people, this bill is nearly impossible to pay all at once. This debt can come with a range of consequences, from...
A lot of car owners depend on their vehicles for everything. They use it to get to work, take the children to school, do the shopping, travel to see relatives and so much more. Thus, losing your vehicle could be devastating. Unfortunately, that is what could happen if...
The personal bankruptcy process is complex. People spend months, if not years, trying to regain control over their finances. They may have to liquidate some of their property or maintain a strict household budget as they complete a multi-year repayment plan. The...
If you owe an outstanding debt, it’s natural that creditors are going to try to contact you to collect. In some cases, consumers are unaware of the debt that they owe, so simple contact is all that is needed. In other cases, creditors may have been trying to collect...
A creditor reporting late payments on your record can significantly impact your credit score and, in turn, your ability to get credit in the future. Unfortunately, this may happen even when you pay on time. Here is what to know about inaccurate late payments on your...
It's easy to overlook paying a bill. You likely receive your bills via mail and email and the ones automatically withdrawn from your bank account. So, when you receive notification from a debt collector about a bill you've already paid, you start to question...
Collection agents and creditors often use telecommunications to collect the money owed to them. Calling a person who owes money can remind them that they have fallen behind and may inspire them to rework their budget. Creditors must comply with rules restricting...
A recent hack has put millions of Americans at risk. According to reports, hackers broke into the records of a company called National Public Data. This is a background check company, so it had extensive information about billions of consumers. The hackers stole this...