Remove Chapter 13 bankruptcy Remove Collections Agency Remove Credit Card Debt Remove Garnishment
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Tips For Credit Card Debt Relief

Sawin & Shea

Credit card debt can be debilitating. When your bills are more than you can handle and you are struggling to get by, debt relief options can help. However, it’s important to understand that there are various forms of debt relief, and they are not all right for everyone. Debt Management Programs.

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What Happens to My Personal Loan After Bankruptcy?

Sawin & Shea

A variety of factors determine whether or not you’ll be able to discharge all of certain personal loans, including whether the loan is secured or unsecured and whether you file via Chapter 7 or Chapter 13 bankruptcy. In addition to unsecured personal loans, there are other types of unsecured debts, such as: Medical bills.

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Need to Know About Debt Negotiation and Settlement?

Sawin & Shea

Whether or not you file for bankruptcy also depends on the kind of debt you have. Bankruptcy will wipe out credit card debt, medical bills, and personal loans, but will not eliminate primary obligation debt; things like student loans, child and spousal support, and newer tax debt.

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What Happens If I Get a Job After Filing Chapter 7?

Sawin & Shea

When you file a Chapter 7 petition, you’ll receive an automatic stay protecting you from lawsuits and other collection efforts. This bankruptcy protection will prohibit a collection agency or another creditor from recovering debt or taking action against you.

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Secured vs Unsecured Debt: Everything You Need to Know

Sawin & Shea

It distinguishes between what are called ‘secured’ and ‘unsecured’ debts, which are terms you need to know before filing for bankruptcy. And possibly the most common question people ask is credit card debt is secured or unsecured. Secured vs Unsecured Debt: What’s the Difference?

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Debt Collection Lawsuits Are Surging

Collection Industry News

. • Whatever the reason, ignoring a debt collection lawsuit can mean big trouble. In Alabama, if a judgment is entered against you, the creditor who got the judgment can do several things as far as trying to collect on the judgment. • In some cases, the debt collector may even owe the consumer compensation for those violations.