Sawin & Shea

JUNE 7, 2023

If you have a co-signer associated with your debt or if you are a co-signer, you need to be aware of how financial liability works and what happens when the primary debtor declares bankruptcy. Fortunately, in this blog, we’ll unpack cosigner responsibilities when it comes to bankruptcy and debt.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Personal loans 52

Collection Industry News

JUNE 1, 2023

Data Analytics and Predictive Modeling: Data analytics and predictive modeling have become essential tools for debt collection agencies. Analyzing vast amounts of data allows agencies to identify trends, assess debtor creditworthiness, and predict repayment probabilities.

Collections 40

Collections Collection Agencies Collections Agency Debt collector 40

Credit Corp

JULY 20, 2020

When your debt is charged off as a bad debt, don’t fool yourself into thinking it goes away. A charged off debt can lead to harassing phone calls, garnished wages, and a major drop in your credit score. According to the Federal Reserve, consumer loans had a charge-off rate of around 2.3% Card Details.

Debt Consolidation 98

Debt Consolidation Creditors Third-party Debt Collectors Creditworthiness 98