Credit Corp

MAY 30, 2023

For example, if you fail to pay a debt, the lender can take you to court. Ultimately, if you don’t pay a debt , the lender or bill collector can file a lawsuit against you to recoup the money. These payments are sent to the judgment creditor until your debt is paid. What Is a Judgment on a Credit Report?

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Credit Corp

JUNE 3, 2020

These payments are sent to the judgment creditor until your debt is paid. The Consumer Credit Protection Act caps these types of garnishments. These liens notify lenders of the creditor’s rights to your property. That way, if you sell your real property, the debt must be paid out of the proceeds.

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Credit Corp

JANUARY 7, 2021

With the avalanche method, you make minimum payments on all debts and use any leftover money to pay down high-interest debt. Over time, this method will save you a lot of money in interest charges. >> Try these debt management apps. Go for Debt Consolidation. Go for a loan with a low interest.

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Better Credit Blog

JANUARY 20, 2022

Here are some hypothetical scenarios in which Freedom Debt Relief could step in: Belinda, aged 53, doesn’t have valid health insurance and has been trying to pay off an $8,000 bill for an overnight hospital stay after a car accident. Debt relief companies are not your only option for dealing with debt.

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