May 4, 2021 / by Tayne Law Group / Business Debt Relief, debt help, Debt Relief, debt settlement, Getting Rid of Debt, MCA debt relief, Tayne Law Group, Your Credit / 0 comments
Running a business is often an all-consuming endeavor. But while hopes are often high among entrepreneurs, the fact is that many businesses struggle. According to the Small Business Administration, 50% of small businesses fail in the first five years. Even if you’re still around, you may have needed to turn to high-interest debt like merchant […]
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How to Settle Debt: What’s the Best Way?
May 11, 2021 / by Tayne Law Group / debt help, Debt Relief, debt settlement, Personal Finance / 0 comments
Getting out of debt can be a daunting task, and that’s true even if you’re not in dire straits financially. If you’re considering debt settlement, though, it may be acutely overwhelming. Understanding how to settle debt for less than what you owe can give you an advantage as you work to get back on your […]
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How to Handle Business Debt Settlement
May 4, 2021 / by Tayne Law Group / Business Debt Relief, debt help, Debt Relief, debt settlement, Getting Rid of Debt, MCA debt relief, Tayne Law Group, Your Credit / 0 comments
Running a business is often an all-consuming endeavor. But while hopes are often high among entrepreneurs, the fact is that many businesses struggle. According to the Small Business Administration, 50% of small businesses fail in the first five years. Even if you’re still around, you may have needed to turn to high-interest debt like merchant […]
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Will a Debt Collector Sue and Take You to Court? Here’s What to Know
April 27, 2021 / by Tayne Law Group / debt help, Debt Relief, debt settlement, Your Credit / 0 comments
If you’ve been contacted by a debt collector about a debt they claim you owe, you may start fearing the worst. You may wonder, can debt collectors take you to court, even if the debt doesn’t belong to you or you’re not obligated to pay? And how often do debt collectors take you to court […]
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Debt Collector Threatening to Serve Papers? Here’s What to Do
April 13, 2021 / by Tayne Law Group / Business Debt Relief, debt help, Debt Relief, debt settlement, Medical Debt, Personal Finance / 0 comments
If you’re in a financial hole, dealing with debt collectors can make an already difficult situation worse. If you have a debt collector threatening to serve papers if you don’t pay up immediately, you may be feeling terrified and desperate. But here’s the thing: debt collectors aren’t legally allowed to inform you of a lawsuit […]
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What Happens if You Default on a Business Loan?
April 6, 2021 / by Tayne Law Group / Business Credit Score, debt help, Debt Relief, Getting Rid of Debt / 0 comments
Financing your business can be a daunting experience. Not only is it difficult to obtain financing, especially for new businesses, but it can also be stressful if things don’t go as planned and you struggle to repay what you owe. Small business loan default can occur if you go too long without making payments, and […]
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Do Debt Management Plans Work?
March 23, 2021 / by Tayne Law Group / Credit Cards, debt help, Debt Relief, Getting Rid of Debt, Personal Finance, Your Credit / 0 comments
If you’re struggling with credit card debt, you may be considering different ways to address it. During your research, you may have come across debt management plans. But do debt management plans work? And how can they help you achieve your goal of becoming debt-free?
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Debt Settlement vs. Debt Management: Which Should You Choose?
March 16, 2021 / by Tayne Law Group / debt help, Debt Relief, debt settlement, Getting Rid of Debt, Personal Finance / 0 comments
If you’re struggling with your debt, there is hope. Credit counseling agencies and debt resolution programs are available to help you get some relief and a new start. But what are the differences between debt management vs. debt settlement? The answer can help you decide which is the better approach for you.
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Can You Go to Jail for Debt?
March 8, 2021 / by Tayne Law Group / debt help, Getting Rid of Debt, Personal Finance / 0 comments
Debt collectors tend to dole out a lot of threats, but one of them they can’t make good on is sending you to prison. Can you go to jail for debt? Generally speaking, no. It’s illegal to imprison someone over a civil debt, and collectors are forbidden by law to threaten it.
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Zombie Debt: What You Need to Know
March 2, 2021 / by Tayne Law Group / debt help, Debt Relief, Getting Rid of Debt, Personal Finance / 0 comments
The name sounds ominous, and the impact can be damaging if you’re not careful. Zombie debt is old debt that’s been revived by a debt collector. Here’s what you need to know about zombie credit card debt and other forms of it and how you can respond.
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Top Debt Collector Scams to Watch Out For
February 16, 2021 / by Tayne Law Group / debt help, debt settlement, From the Blog, Personal Finance, Tayne Law Group / 0 comments
Whether you owe money on a past-due debt or not, you may be the target of debt collector scams. These scams typically include harassment and threats of all kinds. However, when you try to get the information you’re entitled to by law, they balk.
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