Public Citizen

OCTOBER 29, 2020

No Fresh Start 2020: Will States Let Debt Collectors Push Families into Poverty in the Wake of a Pandemic? Puerto Rico, and the Virgin Islands that protect wages, assets in a bank account, and property from seizure by creditors. “By surveys the exemption laws of the 50 states, the District of Columbia (D.C.),

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Garnishment Debt collector Repossession Credit Card Debt 75

Better Credit Blog

APRIL 1, 2022

To remove Capital One Collections from your credit report, you first need to know who currently owns the debt. In other words, has Capital One sold your unpaid credit card debt to another collection agency, or is the debt still with Capital One? Why would this kind of debt settlement work?

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Debt collector Credit Card Debt Collections Third-party Debt Collectors 73

Sawin & Shea

SEPTEMBER 27, 2023

If you are a victim of debt collector harassment, it’s important to know the debt collection laws, and consider your options for debt relief. The money earned from these sales then goes to the creditors and any remaining balances on the debts are discharged. What Are My Exempt Assets?

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Chapter 7 bankruptcy Bankruptcy Debt collector Debtor 52

Sawin & Shea

AUGUST 24, 2020

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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Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Debt collector 98

Sawin & Shea

NOVEMBER 15, 2023

If a debtor has assets that are not protected under those statutes, the trustee can liquidate those items and use the proceeds to pay creditors back something. Chapter 13 involves commitment from the declarer to repay a portion of their debt over a specified period (usually three to five years). What is the difference?

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Unsecured Debt Chapter 7 bankruptcy Collateral Bankruptcy 52

Taurus Collect

JANUARY 24, 2023

But while it can be exciting to think about that refund cheque hitting your bank account soon, there’s another equally pressing reason why you should pay attention this tax season – debt collection! These companies typically employ several tactics in order to recover debt, including phone calls, emails, letters, and even legal action.

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Collections Collection Companies Debt collector Debtor 52

Sawin & Shea

JANUARY 18, 2023

They will work with you to gather your financial records, including all of your debts, expenses, assets, and income streams. You’ll also need to supply the bankruptcy court with a list of creditors, an income statement, and copies of your tax records. Additionally, your creditors will not be allowed to contact you.

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Chapter 7 bankruptcy Bankruptcy Chapter 13 bankruptcy Unsecured Debt 81

Collection Industry News

SEPTEMBER 23, 2020

. • Debt collection cases have claimed an increasing share of the civil docket, making up about 30% of the civil court caseload in the one state where comprehensive data was available. • The dollar value of claims filed annually by debt buyers increased from $6 billion in 1993 to $98 billion in 2013. Finding flaws in the claim.

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Collections Debt collector Chapter 13 bankruptcy Chapter 7 bankruptcy 40

Credit Corp

JULY 20, 2020

Making payments late or missing payments completely spells bad news for your credit rating. When you miss too many payments, your creditor may charge off the debt. When your debt is charged off as a bad debt, don’t fool yourself into thinking it goes away. Does Charged Off Mean Your Debt Is Paid Off?

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