Remove Collections Remove Debt collector Remove Debt settlement Remove Education
article thumbnail

Everything There Is to Know about Debt Settlement

Credit Corp

There are situations in which settlement will affect your score less than the available alternatives. How does debt settlement affect your credit? For what amount of time will the history of a settlement decision follow you? How Debt Settlement Works. Debt Settlement: Pros and Cons.

article thumbnail

How Often Do Debt Collection Agencies Take You To Court? 5 Things to Know

Taurus Collect

Thus, debt collection agencies are commonly utilised to ensure that funds due back to businesses don’t go unpaid. But how often do debt collection agencies take their clients’ customers to court? But did you know that these agencies often try to resolve your debt before resorting to legal action?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Need to Know About Debt Negotiation and Settlement?

Sawin & Shea

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. Bankruptcy can also stop or delay a home or mortgage foreclosure, stop collection actions, stop garnishments and lawsuits.

article thumbnail

You’re in Debt: 9 Terms to Know

The Kaplan Group

Instead, I suggest you do what you can to educate yourself about your options. 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.

article thumbnail

Seven Ways to Get Out of Debt in 2022

Better Credit Blog

You may be sent to collections. If you’re past due on your card and loan payments and your grace period has ended, it may go to collections. They will likely review your financial obligations and the debt you’ve accrued before presenting you with a range of options according to your financial status. Debt Settlement.

article thumbnail

How to Remove Assetcare LLC from Your Credit Report

Better Credit Blog

Assetcare LLC is a debt collector that specifically collects debts in the health care industry. In order to collect money from you, they have either purchased your debt from the original provider or have been contracted to collect payments from you. Educate Yourself. Debt Validation.

article thumbnail

How to Remove Assetcare LLC from Your Credit Report

Better Credit Blog

Assetcare LLC is a debt collector that specifically collects debts in the health care industry. In order to collect money from you, they have either purchased your debt from the original provider or have been contracted to collect payments from you. Educate Yourself. Debt Validation.