Debt

For example, the Fair Debt Collection Practices Act (FDCPA) protects you from being harassed by debt collectors for any of the above-mentioned types of debt. Commercial loans aren’t. No. Unless you give them permission, debt collectors are prohibited from contacting you before 8 a.m. or after 9 p.m. If you’ve told them that you’re not […]

They also don’t want you to know that a creditor who successfully sued you for non-payment can’t use a judgment against you to continue collection efforts outside of your state. In order to transfer the verdict to another state, the process is extremely time-consuming and expensive. Can debt be collected from another state? Because California

If a creditor was garnishing your earnings prior to your job loss and you were getting unemployment benefits, you may be wondering if your benefits could be garnished. In a nutshell, your unemployment benefits are generally immune from being garnished. A creditor, on the other hand, may be able to garnish your benefits if you

Yes, you can have your earnings garnished under Florida law. On the other hand, garnishment rights and the amount of money creditors can take from you depend on whether you qualify as a debtor “under Florida Statute 222.11, “head of the family” The head of a family is defined in Florida law as a person

The simple answer is that a collection agency can try to collect on a debt for as long as they like, but they only have a certain amount of time to do it lawfully. A limitation period is a period of time within which a creditor must file a claim with the court in order

Your stimulus payment will not be used to pay off government debts that have been accrued since the stimulus was enacted. Tax debt is included in this. It will also not be used to pay off public debts, such as tax debt. Federal Student Loan Debt: No If you have a federal student loan, your

When a cardholder passes away, an authorized user isn’t normally liable for the debt on the card, as a joint account holder could be. A spouse or legal partner may be liable for credit card debt in several states that have community property rules. “Non-exempt assets, such as automobiles, property and jewelry, can be liquidated

This also means that your prospective employer won’t have access to your credit report. “However, “there has never been a verifiable example of an employer having access to or using an employment credit score,” credit expert John Ulzheimer tells GOBankingRates. “In order to keep this illusion from dying, individuals use the phrases “credit report” and

Bailiffs (sometimes known as “enforcement agents”) have the power to seize your property if you owe them money. For example, they may be able to seize your personal possessions, such as jewelry or a car that you or someone else jointly owns. Bailiffs can only enter your home if you allow them, so learn how

As unsecured debts, most income tax debts can be discharged in bankruptcy. However, if you owe income tax for tax years following your bankruptcy discharge, you must do so. Does filing bankruptcy get rid of tax debt? Most taxes cannot be discharged in bankruptcy, but there are exceptions. After a Chapter 7 bankruptcy, you’ll still