May 25, 2021 / by Tayne Law Group / Credit Cards, debt help, Debt Relief, debt settlement, Getting Rid of Debt, Personal Finance, Tayne Law Group, Your Credit / 0 comments
Missing a payment won’t impact your credit score, as long as you get caught up within 30 days. After that, though, the delinquency can damage your credit. If you keep ignoring your payments, your credit account could get charged-off as bad debt. At a glance, you might think that having payments charged-off as bad debt […]
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What Happens with a Merchant Cash Advance Breach of Contract?
June 8, 2021 / by Tayne Law Group / Business Debt Relief, debt help, Debt Relief, MCA debt relief, Merchant Cash Advance Loans, Personal Finance, Tayne Law Group, Your Credit / 0 comments
As with a small business loan, a merchant cash advance involves a contract between you and your provider. If you stop making your payments, it could result in a merchant cash advance breach of contract, and the lender could sue you. Dealing with merchant cash advance legal issues can be a pain for small business […]
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Charged-Off as Bad Debt: What Does it Mean?
May 25, 2021 / by Tayne Law Group / Credit Cards, debt help, Debt Relief, debt settlement, Getting Rid of Debt, Personal Finance, Tayne Law Group, Your Credit / 0 comments
Missing a payment won’t impact your credit score, as long as you get caught up within 30 days. After that, though, the delinquency can damage your credit. If you keep ignoring your payments, your credit account could get charged-off as bad debt. At a glance, you might think that having payments charged-off as bad debt […]
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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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When Should You Hire a Student Loan Lawyer?
March 30, 2021 / by Tayne Law Group / Debt Relief, From the Blog, Personal Finance, Student Loan Debt, Student Loans, Tayne Law Group / 0 comments
The student loan debt crisis is real and, for many people, financially crippling. While various programs and strategies can help you reduce your monthly payments, cut interest rates, and even get help paying down your debt, student loans can still be very challenging for some.
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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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Does Debt Consolidation Hurt Your Credit?
February 9, 2021 / by Tayne Law Group / Credit Cards, Debt Relief, From the Blog, Personal Finance, Tayne Law Group, Your Credit / 0 comments
Consolidating debt can have a significant positive impact on your finances, especially if it helps you pay down your debt more quickly and with interest savings. But you may be wondering, “Does debt consolidation hurt your credit score?”
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What Is the Statute of Limitations on Debt?
February 1, 2021 / by Tayne Law Group / Debt Relief, From the Blog, Personal Finance, Tayne Law Group / 0 comments
If you’ve stopped making payments on a debt balance, your lender or a debt collection agency will likely start actively trying to collect within a handful of months. But states have instituted a statute of limitations on debt, which can help protect you from old debts.
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Are Debt Consolidation Companies Worth It?
January 25, 2021 / by Tayne Law Group / debt help, Debt Relief, From the Blog, Getting Rid of Debt, Personal Finance, Tayne Law Group / 0 comments
Debt consolidation is an umbrella term that includes many different approaches to paying off debt. For example, many debt settlement companies advertise themselves as debt consolidation companies, even if they don’t use traditional consolidation programs.
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How Long Do Collections Stay on Your Credit Report?
January 20, 2021 / by Tayne Law Group / Debt Relief, Tayne Law Group, Your Credit / 0 comments
Collection accounts can hurt your credit to the point where it can be difficult to qualify for a loan or credit card. Over time, though, the negative impact of a collection account can diminish.
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Can Debt Collectors Call Your Work?
November 20, 2020 / by Tayne Law Group / debt help, Debt Relief, debt settlement, Tayne Law Group / 0 comments
When you know you have debt that’s gone to collections, it’s a stressful financial situation to be in. You might find yourself wondering what rights you have, can debt collectors call your work and expose information to your employer, or what methods of contact are legal altogether.
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