Remove contact
article thumbnail

Can Bankruptcy Get Rid of My Credit Card Debt in Broomfield, CO?

Debt Free Colorado

Finding Solutions to Discharge Your Credit Card Debt Many find themselves struggling if they should file for bankruptcy because of their credit cards. Fortunately, bankruptcy can offer a path toward financial relief from credit card debt. Qualifying for Chapter 7 bankruptcy depends on your income and expenses through the means test.

article thumbnail

Attempting Debt Collection Efforts After a Debtor Files for Bankruptcy

FFGN COLLECT NY

Are you or your collection attorney attempting debt collection efforts even though the debtor filed for bankruptcy? Enforcing a claim and/or a judgment against an entity or individual who has an active bankruptcy pending or who has received an order discharging them from liability is more than a bad idea. The debtor did not pay.

Debtor 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Where Can I Use My FSA Card?

Payment Savvy

According to various studies, medical expenses are the leading cause of bankruptcy in the United States. Eye Doctors & Optometrists You can pay for your eye exams, prescription eyeglasses, contact lenses, solutions, and other vision expenses with your FSA card at any optometry office or vision care retailer.

article thumbnail

Dudley Resources – Your Funding Source for Debtor Payments and Settlements

Collection Industry News

For instance, Company X, a manufacturing firm, found itself facing financial difficulties when one of its major clients filed for bankruptcy, leaving them with a substantial amount of unsold machinery and equipment. A prime example is Retailer Y, which accumulated surplus inventory due to overestimating demand for certain products.

Debtor 40
article thumbnail

AR Deteriorates in Wake of COVID-19

Receivables Control

Retail has been battered. Particularly hard hit are apparel retailers and department stores. Bankruptcies are up sharply in the retail sector. It is time to increase your outreach efforts to contact your past due customers. On-line shopping has boomed, negatively impacting the mom and pops.

Retail 98
article thumbnail

Private Label Credit Cards Market Buffeted by COVID-19

Collection Industry News

Private label credit card performance will continue to be hampered by the bankruptcies of some large partner retailers, tied not only to the accelerated surge in e-commerce in the wake of COVID-19, but to the longer-term trend of mall closings since 2010. Press Contact: Corinne Gangloff. +1 About Packaged Facts .

Retail 40
article thumbnail

What is GECRB on My Credit Report?

Better Credit Blog

General Electric Capital Retail Bank, abbreviated as GECRB, is the former name for Synchrony Bank, and it’s probably on your report because you applied for a Synchrony card at some point in the past. The bank partners with numerous retailers to offer rewarding credit cards to shoppers. Ask Lex Law for Help. File a Dispute. Charge offs.

Retail 52