Debt

The debt issue in Puerto Rico has numerous causes. Investors in Puerto Rican municipal bonds, in particular, have benefited from preferential tax treatment for many years. This perk was taken advantage of by bond investors from all 50 states who purchased Puerto Rican bonds. When a government issues bonds, it is essentially lending money to […]

Investors do not demand high-interest rates if they believe they will be paid back. The cost of government debt is reduced as a result. Investors want a higher interest rate if the government appears to be about to default on its debt. How does a country pay its debt? To raise funds, governments frequently issue

A debt collector may have obtained your phone number from a neighbor, acquaintance, family member, employer, spouse, ex-spouse, or someone else who knows you. To obtain phone numbers and other contact information for persons who owe money, debt collectors utilize a method known as “skip tracing.” Can a debt collector contact my friends? Dodging a

Debt collectors can get your phone number if you call them first, thanks to caller ID. Let’s say you receive a letter in the mail and call to inquire about the debt from your mobile. They save the phone number you called from with your account information once you provide them your name or reference

Debt collectors can get your phone number if you call them first, thanks to caller ID. Let’s say you receive a letter in the mail and call to inquire about the debt from your mobile. They save the phone number you called from with your account information once you provide them your name or reference

Debt collectors in the United Kingdom can contact you for payments and, if you ignore them, take you to court, but they can’t harass you, enter or take items from your home, contact you at work, send you to prison, or force you to pay a debt without proof of your original credit agreement. How

A debt-to-assets ratio is a sort of leverage ratio that compares a company’s total assets to its debt obligations (including short- and long-term debt). The following formula is used to compute it: A company with a debt-to-assets ratio greater than one has more debt than assets. The business has more assets than debt if the

Debt collectors are also prohibited from engaging in fraudulent, deceptive, or misleading practices, according to the FDCPA. This involves deceptions concerning the debt, such as the following: Keep a file of all letters or papers sent to you by a debt collector, as well as copies of everything you send to a debt collector. Also,

An offer in compromise permits you to pay less than the full amount of your tax bill. If you are unable to pay your full tax debt or if doing so would put you in financial hardship, it may be a viable choice. We take into account the following facts and circumstances: When the amount

Most collection firms submit debts to the credit bureaus, so a recent copy of your credit report may have the name and phone number you require. How do I find out what accounts I have in collections? The collection account did not appear in your credit report but was listed in the credit report obtained