Debt Guru

APRIL 12, 2020

As the fees pile up and the interest compounds, you might face a debt collector or even a civil lawsuit. The resulting court judgment remains public for seven years, and a successful lawsuit can lead to garnishment of your wages or even seizure of your assets. They may even call your personal references.

Loans 98

Loans Lender Credit Unions Credit Unions 98

Debt RR

AUGUST 3, 2020

Common reasons for bank account garnishment in Texas include: Private creditors: These are banks, credit unions, credit card companies, peer-to-peer lenders, hard money loan providers, and other financial institutions. This debt can include anything from credit cards to past due balances on office space.

Garnishment 40

Garnishment Banks Student loans Student Loans 40

Troutman Sanders

MARCH 14, 2023

DFPI ordered the company to desist and refrain from unlicensed student loan debt relief servicing and refrain from engaging in unlawful, deceptive, and abusive student loan debt relief practices. Accordingly, debt buyers will be required to obtain licenses from the board to conduct collections or act as a debt collector.

Financial services 52

Financial services Student loans Student Loans Loans 52

Troutman Sanders

MARCH 6, 2023

DFPI ordered the company to desist and refrain from unlicensed student loan debt relief servicing and refrain from engaging in unlawful, deceptive, and abusive student loan debt relief practices. Accordingly, debt buyers will be required to obtain licenses from the board to conduct collections or act as a debt collector.

Financial services 52

Financial services Student loans Student Loans Loans 52