Category: Debt Settlement

can you settle a debt after being served

Can You Settle a Debt After Being Served?

Shouldering a large amount of debt and struggling to keep up with payments is extremely 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 might be wondering: Can you settle a debt after being served? In short, […]

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dangers of debt settlement firms

3 Dangers of Debt Settlement Firms

When your debt is out of control, it’s important to act quickly and find a solution. One option is debt settlement, which can help you eliminate your debt and pay less overall. But the debt settlement industry has its share of risks and scams. So you might be wondering: Are there dangers of debt settlement […]

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how to get out of credit card debt

How to Get out of Credit Card Debt Without Paying the Full Balance

Credit cards can be helpful tools for managing your cash flow and earning rewards. However, it’s also easy to rack up a big balance. According to the Federal Reserve, credit cards have some of the highest interest rates; the average is 14.51%. Meaning the more credit card debt you accumulate, the harder it becomes to pay […]

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charged-off as bad debt

Charged-Off as Bad Debt: What Does it Mean?

Missing a payment won’t impact your credit score, as long as you get caught up within 30 days. After that, though, the delinquency will likely be reported to the credit reporting agencies and can damage your credit. If you keep ignoring your payments, your credit account could get charged off as bad debt. At a […]

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Is debt settlement worth it

Is Debt Settlement Worth It?

If you’re in need of serious debt relief, you might be considering a debt settlement. This is one strategy that helps you get out of debt quickly — and potentially pay less than the total debt owed. So how does it work? And is debt settlement worth it? Here’s what you should know. Is Debt […]

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white couple working in store on tablet

What Is a Merchant Cash Advance?

A merchant cash advance is an alternative financing option for small business owners, particularly those that don’t have a good enough credit history or haven’t been in business long enough to qualify for traditional business financing. But while a merchant cash advance may have an easy approval process, the cost might not be worth it. […]

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credit card debt forgiveness

Can You Actually Get Credit Card Debt Forgiveness? Here’s How

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 […]

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defaulting on merchant cash advance

What Happens if I Default on a Merchant Cash Advance?

As a small business owner, sometimes you need extra cash to keep your business operating smoothly. Merchant cash advances (MCAs) have become a popular source of fast business financing. Unfortunately, they don’t have the same benefits and protections of a traditional business loan. The high fees and tricky contracts associated with MCAs can threaten your […]

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debt consolidation for collections

Can You Consolidate Debt in Collections? Here’s How

Loans or credit card debt that have gone to collections can wreak havoc on your finances. It hurts your credit score, and debt collectors start calling you day and night. So you’ll want to find a solution to your debt problems ASAP. Debt consolidation for collections accounts is one option to explore. However, there are […]

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how to check if there's a judgment against you

Is There a Judgment Against You? How to Find Out and What to Do

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 lawsuit, it can result in a judgment against you. […]

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Our Process

While our staff and attorneys are based in New York, Tayne Law Group P.C. serves clients from across the country! Whether you prefer to talk on the phone, schedule a video call, or want to come into one of our New York locations, our staff and lawyers are here to answer any of your questions.

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Why people choose Tayne Law

A debt relief law firm

Personalized Program

Every situation is unique. We’ll work with you to find a solution that resolves your debt and frees up your cash flow.

No-billing
Policy

You make one low monthly payment and will never get an unexpected bill.

Experienced NY Debt Attorneys

We have more than 20+ years of experience providing clients with debt relief.

Confidential & Trusted

As a law firm, our attorneys follow strict client confidentiality. Our services are discrete and effective.

Work with Creditors

We work with all creditors, whether you’re dealing with a collections firm, a national bank, credit union, or another lender.

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