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 […]
If you’re behind on your credit card payments, there may be a handful of relief options available to you, including credit card debt forgiveness. Depending on your situation, you may be able to shave hundreds or even thousands of dollars off the amount you owe. How does credit card debt forgiveness work? Here’s what you […]
Defaulting on your debt can have serious negative consequences, including lawsuits, wage garnishment, and liens against your property. One asset that could be at risk when you default on your debt is your car. Keep reading to learn how car liens work, when a creditor can put a lien on your car, how to protect […]
A merchant cash advance (MCA) is a financing solution for small businesses, but it comes with plenty of risks. Unlike other types of business loans, your loan is based on your future business revenue, and your lender automatically takes a portion of that revenue as payment. On top of the existing risks of MCAs, they […]
A merchant cash advance (MCA) might seem like an easy way to get fast financing for your business. But if you aren’t careful, it could turn into a headache. Or worse. An mca debt restructuring might be needed if it’s becoming too difficult to keep up with MCA payments on top of all your other […]
A merchant cash advance (MCA) can be a fast and easy way to get working capital for your business, but it can often lead to trouble down the line. MCAs can be tough to repay because of their repayment structure and costly fees. If you’ve borrowed an MCA, you may find yourself stuck in a […]
A merchant cash advance (MCA) is an alternative lending tool that offers quick access to cash by allowing you to borrow against your business’s future revenue. These loans present risks to both your business and personal finances. Before applying for an MCA, it’s important to understand how personal guarantees work, how your personal assets may […]
Are you far behind on your credit card payments? You may be worried that your credit card company will sue you. This is a very real possibility, especially if you owe a large amount and haven’t made any payments for more than six months. But how often do credit card companies sue for non-payment? The […]
If you’re behind on your credit card payments, there may be a handful of relief options available to you, including credit card debt forgiveness. Depending on your situation, you may be able to shave hundreds or even thousands of dollars off the amount you owe. How does credit card debt forgiveness work? Here’s what you […]
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 […]
Having a charge-off on your credit report isn’t a great situation. For one, your credit score will suffer. Debt collectors can also call and message you constantly to get you to pay up for your delinquent debt. So, if you’re ready to resolve your charged-off debt once and for all, you might wonder: Should I […]
If a debt collection law firm has contacted you about unpaid credit card debt or other unsecured debts, you have options. While the process can feel intimidating, understanding how to negotiate a debt settlement can help you take control of your financial situation. With the right strategy and preparation, you may be able to settle […]
Shouldering a large debt and struggling to keep up with payments is highly stressful. And if you’re served papers in a debt collection lawsuit, it only adds insult to injury. You might feel like you’ve run out of options. You may be wondering: Is settling a debt after being served with a summons possible? In […]
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