And, given how vital Social Security is for many people, the idea of losing a portion of it to debt collectors can be alarming. Still, it's a real concern for many of those who are also struggling to manage their debt. After all, high credit card balances and other types of debt ...
Debt collectors can’t threaten to take money from your paycheck (garnish your wages) or bank account but leave out the fact that before they do, they must sue you and then get a court judgment to do so. And, they can’t threaten to take your unemployment money, disability income, chil...
identity theft from a fraudulent debt collector or any other form of false advertising or false information, this will most likely involve a lawsuit that could result in potential jail time for the third and first-party debt collectors involved. if you’re the victim of identity theft, it’s...
Some insurance and disability benefits are protected including mutual life or accident proceeds Credit Card Debt Relief Act of 2010 The Credit CardDebt ReliefAct of 2010 has streamlined the methods for repaying debt and regulated how collectors work with debtors. The Act has impacted debt relief co...
We are a private law firm. And we keep your financial business private. As dedicated New York debt defense lawyers, we are focused on protecting consumers and businesses from aggressive creditors and debt collectors throughout New York State. Whether its credit card debt, a personal or business...
It's been 18 months now and McRae now owes more than $700. She's not sure she'll ever be able to pay down that debt. "It's kind of frightening," she said in an interview. watch now VIDEO02:01 How to get debt collectors off your back ...
1. Make and stick to a budget The core component of any debt management plan is your budget. Everyone needs a budget, but that’s especially true if your goal is to avoid debt collectors and negative effects on your credit score. You may choose to follow the 50-30-20 budgeting rule, ...
you may have rights once the statute of limitation on the debt has expired. Debt collectors can still try to collect the money you owe, but if they sue you you can raise the statute of limitations as a defense. The statute of limitation varies by type of debt and by state. For more ...
Whether you’ve been injured in a car accident, need help securing Social Security Disability benefits, want to provide for your family with a comprehensive estate plan, have run into trouble with debt collectors, or are facing other legal issues, we want to help. ...
Companies now routinely use the courts to pursue millions of people over even small consumer debts. With the power granted by a court judgment, collectors can seize a chunk of a debtor’s pay. The highest rates of garnishment areamong workers who earn between $25,000 and $40,000, but the...