Q&A: “Help! A creditor froze my bank account!” Here are the rules and your rights with creditors

Having your bank account frozen can be scary and stressful when your credit card is being denied and your checks are bouncing. A creditor freezing your bank account can be an incredibly unpleasant situation, especially if you’re not expecting it. As the account holder, you may not even realize that you owe money to someone […]
Do You Need a Debt Settlement Attorney? 4 Cases When You Do

Unfortunately, debt is a way of life for most Americans. In 2021, total outstanding consumer debt reached a record $15.6 trillion, according to new data from the Federal Reserve Bank of New York. A large chunk of that debt came from mortgages, as well as credit card balances, which increased by $52 billion in the […]
Merchant Cash Advance in Collections: What to Do

It’s common for small businesses in need of extra cash to seek out merchant cash advances (MCAs). Unlike a traditional business loan, merchant cash advance companies provide a lump-sum payment in exchange for a certain percentage of your future sales or revenue. The approval and funding process is very quick — sometimes just one or […]