aunwillingness to honor their legal obligations. Handing clients over to debt collectors should be considered, but the institution then loses most of its leverage. If the MFI visits the client, all funds still go through the debt collector, which is very hard for the MFI to track. Also, mos...
The creditor of unsecured debt, like a credit card company, may sell your debt to a collections agency that will harass you for payment. If you still don’t pay, they may sue you or attempt to have your wages garnished. Is Debt Good or Bad? Not all debt is created equal. There are...
Will I have to testify in court? Probably not. Very few debt collection cases go to trial. If you represent yourself you may have to attend pre-trial conferences, but all court filings can be mailed to the court and the Plaintiff’s attorney. Do I need an attorney? Whether or not you...
i believe we should at least tax the rich or at least raise it up a little we might end up in debt if we keep borrowing money from other countrys we should at least try to pay off some of the debt by taxing the rich Lois St Cyron June 26, 2017: If it wasn't for the poor, ...
This can be a huge boon if the item you buy is defective and you come across a retailer reluctant to pay up. It can also turn out to be powerful protection if you buy from a company that later falls into administration. Another advantage of credit cards is they canboost your credit sco...
How to protect yourself from Debt Relief ScamsOf course, if someone phones you saying that they can relieve your debts, it is most likely a scam.Never give out your personal details or agree to pay any money to a person who claims to be working for a debt relief company....
The Debt Collector I pay my debts, and I expect others to. I was raised in the slums of London, I knew nothing of privilege. My father was murdered when I was seventeen. Morty figured my father’s passing meant I would automatically take on dad’s debts. I ...
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