Debt

There is no doubt that keeping up with debt payments can be a difficult experience for many people. When you begin receiving calls from collection agencies, the stress level rises even further. You asked regarding credit cards and your home, and I’d want to answer that for you. Yes, that’s the quick answer. If a […]

Federal Management Service (FMS) administers the Treasury Offset Program (TOP) for the US Department of Treasury (FMS). By garnishing or offsetting your tax refund, federal and state government entities can collect outstanding debts owed to them. Because federal income tax returns are the most popular federal payments, government agencies regularly garnish them. Private creditors, such

As a result, if you plan on emigrating to another country but have declared bankruptcy in Canada, you may have difficulty doing so. Bankruptcy legislation is not the same across countries, as previously stated. For this information, you’ll need to visit an immigration website for the country you plan on leaving Canada for. However, being

The simple answer is yes if you have a collection entry. In most circumstances, it can be removed. That’s something you should do. In some situations, having a collection entry on your credit report may prevent you from acquiring a vehicle loan or a mortgage. First, let’s talk about what a collection entry is, how

You can be taken to court by a collection firm that has purchased the debt from the original creditor, as well as by the creditor itself. A debt of less than six months overdue is rarely taken to court. Although they may not intend to, creditors and collection agencies may still make the threat of

garnish your bank account without telling you of the application. A letter of credit is not required for the creditor to be Can a debt collector take money from my bank account without authorization? It’s important to remember that a debt collector would need a court order or permission from you before they can remove

The FDCPA may be circumvented by law firms. Only if a law practice may be regarded to be collecting debts on a “regular basis” is it subject to the FDCPA. Defining “regular” is a matter of opinion. As a matter of prudence, many lawyers will continue to adhere to it even if they don’t believe

or a lawyer who focuses their practice on debt settlement Because of the high cost of hiring an attorney, it’s unlikely that you’ll save more money than you would by resolving the issue yourself. In the event that a lender for your private student loan sues you, an attorney can help you negotiate a settlement.

In states where property is governed by common law, a spouse’s sole ownership interest in property is recognized. In this case, the property would be yours jointly if both of you are listed as owners. It is impossible for you to be held liable for your spouse’s debt if the credit card is completely in

Executors frequently call our office, concerned that they may be held responsible for the debts of their deceased parents or children. In the majority of these cases, the deceased was effectively insolvent because of their debts exceeding their assets. When administering an estate in Alberta, there are three general rules that all executors and administrators