Explore expert insights and guidance on understanding and navigating debt.
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!
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 […]
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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 […]
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Merchant cash advances, often called MCAs for short, can be a tempting offer for struggling small business owners. You don’t need excellent credit and can usually get funding fast. But they’re rarely a good idea for your business. MCAs can be an extremely expensive financing option, with some charging triple-digit interest rates. If your business […]
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If you lose a debt lawsuit, the creditor is awarded a court judgment against you. This allows them to take additional measures to recoup their money if you don’t pay. So you might wonder: What happens if a defendant does not pay a judgment? Ignoring a civil judgment is not a good idea. But if […]
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A judgment is a court order representing the court’s final decision regarding a lawsuit. It details each party’s rights and responsibilities. Civil judgments are then entered into the public record. If a judgment is entered against you, you are now legally obligated to pay the creditor the amount of the judgment. The creditor becomes known […]
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If a creditor sues you over a past-due debt and wins, it results in a judgment. This is essentially a court order stating that you must pay the creditor what you owe. But what if you can’t afford to pay the entire amount immediately? Can you make payment arrangements after a judgment? It’s possible, but […]
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Quick Summary: A merchant cash advance (MCA) provides fast funding by advancing money against your future credit card sales, but the high costs—often equivalent to triple-digit APRs—can trap businesses in a cycle of debt. If you’re struggling with MCA payments or facing aggressive collection tactics, a debt relief attorney can help you negotiate better terms […]
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Selling a business is rarely simple, but it becomes even more complicated when a merchant cash advance (MCA) is involved. Since MCAs don’t function like traditional loans, the way they affect a sale can be confusing for business owners trying to move on. It’s crucial that you understand how MCAs work, what obligations you have, […]
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Merchant cash advances (MCAs) can provide quick capital for your business for anything from short-term expenses to long-term business growth if you can’t access traditional financing. But MCAs can quickly spiral out of control, especially if you’re stacking more than one at a time. If you’re considering using an MCA for your business, it’s important […]
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There are few things more heart-stopping than logging into your bank account, only to realize it’s been frozen. Not only can you not access your money, but your bills also go unpaid due to insufficient funds in your account. Unfortunately, credit card companies can freeze your bank account, but only after taking certain legal steps. […]
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When managing credit card debt, many people worry about the potential consequences of unpaid balances. One of the most severe actions a credit card company can take is placing a judgment lien on your real property — a situation that has many negative consequences and challenges. Read on to learn how a credit card company […]
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Inflation has become a significant challenge for American consumers and businesses, driving up the cost of goods and services across the economy. From groceries and housing to basic needs like healthcare, rising prices are putting financial strain on consumers nationwide. The Federal Reserve has responded to inflation by raising interest rates, creating a ripple effect […]
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Wage garnishment is one of the many potential issues you can run into if you’ve fallen behind on your debts. But if a creditor or debt collection agency threatens to garnish your wages to repay what you owe, it’s important that you understand your rights and how the process works. Can Creditors Garnish Wages? Yes, […]
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If you’re struggling to pay your debt, one of your biggest fears may be that your creditors could come after your assets, including your hard-earned retirement savings. Luckily, most retirement accounts have strong legal protections against garnishment, so you don’t have to worry about your life savings disappearing. It’s important to understand how these protections […]
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It’s been impossible to ignore the effect of tariffs put into place by the current administrations throughout 2025. Groceries, gas, electronics — everything costs more than it did a year or two ago. As a result, more people are putting their everyday expenses on credit cards when they’re unable to cover them with their monthly […]
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Your initial phone consultation is free and requires no committment!
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Your initial phone consultation is free and requires no commitment!
A team member will respond within 1 business day. Your free consultation phone call may not be with an attorney and does not include legal advice. This is limited to the first call on a new matter.
Your initial phone consultation is free and requires no commitment!
A team member will respond within 1 business day. Your free consultation phone call may not be with an attorney and does not include legal advice. This is limited to the first call on a new matter.
A Tayne Law team member will respond within
1 business day.
Call (866) 890-7337