Can Debt Collectors Come to Your House?
Having a debt in collections can be stressful. Constant phone calls and messages from collectors demanding payment only add to the pressure. So you might be wondering: Can debt collectors come to your house, too? Here’s what you need to know. Can Debt Collectors Come to Your House? There are certain laws that debt collectors […]
Are Merchant Cash Advances a Scam?
When your business is struggling, you may be tempted to find the quickest and easiest way to get working capital. But beware of financing options that sound too good to be true. Merchant cash advances (MCAs) are one example of an option that business owners may turn to when they’re to get out of financial […]
Should You Hire a Lawyer if a Credit Card Company Sues You?
Struggling with credit card debt can be stressful enough. Being sued by your credit card company can feel downright scary. Plus, you might not know what to do next. One of your options is hiring a credit card debt lawyer. But you might be wondering if doing so is necessary — or worth it. You […]
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 […]
