In regard to the question, "Can a creditor obtain a judgment without serving the debtor?" the answer is no. Protected by federal laws under the Fair Debt Collection Practices Act (FDCPA), an unsecured creditor, whether by agreement or not, may not grab or seize the debtor's money or any other property which proves the [...]

Federal and state laws are on the side of those who are in the process of stopping creditor calls, progressing beyond the normal range of decency and respectability–as long as a collection agency is the one at hand, not the original creditor. And stopping creditor calls can actually be prevented best by the consumer [...]

The priority bondholders, judgment creditor, and shareholders have entirely different purposes and results in a business that is obviously having credit problems, especially since the judgment creditor is involved. If bankruptcy is the route chosen, many bankruptcy options are available to them. A lot depends on what type of business is involved and what the [...]

Creditor child support and fines are the only two exceptions to bankruptcy bill collection efforts, even though bankruptcy can and does stop everything else regarding bill collection efforts. And with a good attorney, creditor child support and child support warrants can be successfully resolved short of having to go to jail. As long as [...]

Not being able to pay bills on time is about as bad as not being able to pay them at all. It is also mentally exhausting, with every phone call and knock on the door causing most to wonder, "What to do when a creditor keeps pestering you?" In the fast-paced world of today, [...]

In regards to a letter to creditor or creditors, it is hard to be objective and realize that the worst responsibility in the world is for creditors to deal with nonpaying customers. And to be perfectly honest, usually a letter to creditor or creditors is not ever sent. Most nonpaying customers are struggling financially and [...]

Harassing refers to an unwanted communication, either by phone or personal visits, and understanding creditor harassment laws can prevent these unwanted intrusions from strangers. If it is legitimate, the person will know the person or persons communicating. And society's mounting debts creditors are the number one reason so many complaints are being given [...]

In regard to the question, "Can a creditor obtain a judgment without serving the debtor?" the answer is no. Protected by federal laws under the Fair Debt Collection Practices Act (FDCPA), an unsecured creditor, whether by agreement or not, may not grab or seize the debtor's money or any other property which proves the [...]

Creditor child support and fines are the only two exceptions to bankruptcy bill collection efforts, even though bankruptcy can and does stop everything else regarding bill collection efforts. And with a good attorney, creditor child support and child support warrants can be successfully resolved short of having to go to jail. As long as [...]

A large majority of people are in financial difficulties today, finding they are unable to pay their bills for many reasons–lost jobs due to being fired or cut-backs, death, a lengthy hospitalization for terminal diseases, and disabilities. Many people are beginning to contact a debt consolidation lead creditor to avoid filing bankruptcy and maintain their [...]