The Kaplan Group

JUNE 23, 2020

If you or someone you know is struggling with their personal financial situation, we recently published blogs for dealing with collection agencies and lower credit card limits. Your creditors do not want you to go out of business or declare bankruptcy. You might receive calls from only one company or collection agency.

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The Kaplan Group

OCTOBER 19, 2020

FDCPA ( Fair Debt Collection Practices Act). The Fair Debt Collection Practices Act (FDCPA) is a federal law that restricts the behavior of collection agencies when they are attempting to collect money from individuals. The law does not apply to collecting from businesses. Credit Counselor.

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Debt Guru

AUGUST 30, 2021

When your voicemail is filled with messages from collection agencies and stacks of bills arrive in your mailbox that you have no chance of paying, it’s time for some serious debt relief help. Bankruptcy. You must speak to a bankruptcy attorney to find out whether or not you qualify for this type of debt relief.

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Credit Corp

FEBRUARY 9, 2024

Credit Counseling Immediate credit impact: None expected Long-term credit impact : None expected A credit counselor is a professional adviser who helps you manage and repay your debt. Counselors may offer free or low-cost consultations and educational materials.

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Better Credit Blog

APRIL 11, 2022

This event will be noted on your credit report and may remain there for up to seven years. It may lead to bankruptcy. When there’s no other option to pay your debt, you may be forced to declare bankruptcy. Several negative implications are associated with bankruptcy, including property loss and damage to your credit score.

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Burt and Associates

SEPTEMBER 23, 2019

The creditor may either use in-house debt collectors or hires an outside debt collection agency. This debt collector then will seek out to collect the past-due debt on the creditor’s behalf. This occurs when a debt collection agency buys out a past-due debt from a creditor at a discounted rate.

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