Explore our articles to learn about debt relief, debt settlement, debt consolidation, and various ways to handle your credit card debt, business loans, and much more!
When you borrow money from a lender or creditor, you are legally obligated to repay it. Therefore, if you are not holding up your end of the agreement, the lender or creditor can sue you. If the lender, creditor, or collection agency is successful in the debt collection lawsuit, it can result in a judgment […]
When your credit card is denied and your checks bounce, having a frozen bank account can be a scary and stressful experience. A creditor freezing your bank account can be incredibly unpleasant, especially if you’re not expecting it. As the account holder, you may not even realize that you owe money to someone or that […]
Dealing with credit card debt can be crippling. And if you’re looking for relief, you may be wondering if credit card debt forgiveness is possible for you. Credit card debt forgiveness can be a possibility in certain situations. Understanding when the option is available and how to achieve it can help you break free from […]
Understanding your credit card statement can sometimes be like understanding Calculus – confusing. Are you taking the time to read your credit card statement every month or simply paying the bill when it rolls in? Here are some quick tips to help you effectively read your credit card statement and use the information to better […]
If you’ve taken out a merchant cash advance (MCA) that you’re unable to repay, you’re at risk of your lender taking legal action against you. Debt settlement may be an option to help reduce your monthly payments, eliminate costly fees, or negotiate to pay a lower amount. If you’re considering business debt settlement, it’s important […]
If you’re struggling with merchant cash advance (MCA) debt, speaking with an attorney can be a helpful and important step toward regaining control of your finances. But walking into that first conversation unprepared could mean wasted time and missed opportunities to strengthen your case. To make the most of your consultation, you need to be […]
A merchant cash advance (MCA) can provide access to capital for your small business. However, this alternative form of business financing can be incredibly expensive. As a result, the merchant cash advance default rate can be much higher compared to other types of business loans. If you’re thinking about using an MCA to fund your […]
According to the latest Federal Reserve data, nearly half of American households have debt. And while debt is common, it can quickly become overwhelming, leading to negative consequences like poor credit, debt being sent to collections, and even lawsuits. If you’re being sued for your credit card debt, it’s important to understand your options, your […]
If you’re served papers for credit card debt, it’s important to understand the implications and how a debt collection lawsuit might impact you. It’s also crucial to know how to respond to a summons and complaint what you can do to protect yourself. What Does It Mean to Be Served? If you’ve been served papers […]
Having credit card debt — or any kind of debt, for that matter — can create a significant emotional burden. And it only becomes more stressful when you start getting calls from a law firm about your debt. If a law firm calls you about your credit card debt, it’s important to understand your rights, […]
If you owe a past-due debt, you may have already started receiving phone calls from a debt collection company. However, federal law dictates what debt collectors can and cannot do when communicating with you. The Fair Debt Collection Practices Act (FDCPA) includes several important consumer protections. If a creditor violates your rights as a debtor, […]
If a debt collector sues you and you don’t respond to the summons in time or appear in court, you may have a default judgment issued against you from a debt collection lawsuit. The good news is that it’s possible to have this type of judgment vacated. It doesn’t necessarily mean you won’t have to […]
If you’ve been sued over a debt, filing for bankruptcy could stop the lawsuit from progressing. However, other types of lawsuits may not be impacted, and in some cases, it may not completely resolve the original legal action. Before you consider bankruptcy, it’s important to understand the impact it can have and research some alternatives. […]
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