Sawin & Shea

SEPTEMBER 6, 2023

People file for bankruptcy for any number of reasons, from job loss to unpaid medical bills to an unaffordable mortgage. If you’re considering filing for bankruptcy, you’re not alone; roughly 375,000 people filed for bankruptcy in 2022, and home foreclosure filings rose 115% in 2022 over the number of foreclosures in 2021.

Foreclosure 52

Foreclosure Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy 52

Sawin & Shea

MARCH 16, 2021

It’s expected to impact 1 in 4 adult Americans, or 70 million people , who have at least one bill in collections. The new rule also loosens the restrictions on how often creditors can contact you. Although debt collectors can contact debtors in new ways, people can also opt-out of being contacted entirely.

Debt collector 98

Debt collector Bankruptcy Creditors Fair Debt Collection 98

Sawin & Shea

FEBRUARY 7, 2024

It is not generally recommended that Debtors take on the task of presenting a bankruptcy case pro se, that is without an attorney. While you can technically file bankruptcy for free without a lawyer, it’s important to retain one if possible. You may also wonder whether you can file bankruptcy, no money down. The short answer is “yes.”

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Creditors 52

Debt Free Colorado

JANUARY 27, 2022

Some people swear they’ll never file bankruptcy, while others regularly use it as a tool. Why do people file for bankruptcy? But why do so many people find themselves in financial trouble? They then exercise control over the merchandise sold to satisfy creditors. You’ve undoubtedly heard of bankruptcy.

Bankruptcy 75

Bankruptcy Chapter 7 bankruptcy Unsecured Creditor Debtor 75

Sawin & Shea

SEPTEMBER 14, 2022

They can assist you through the bankruptcy process and can keep creditors from unlawfully harassing you. An automatic stay prevents creditors and lenders from collecting debt or collateral on protected assets. With consumer debts, co-debtors receive the protection of an automatic stay. What is Consumer Debt?

Chapter 13 bankruptcy 122

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Student loans 122

Sawin & Shea

DECEMBER 7, 2022

Many debtors make the mistake of racking up more debt before filing because they figure that they’ll be able to discharge it. This is even more common during the holiday season because people spend a great deal on travel plans, gifts, and food. Those who are about to file for bankruptcy should also avoid accumulating substantial debt.

Chapter 13 bankruptcy 98

Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Creditors 98

Debt Free Colorado

FEBRUARY 21, 2022

We’ve helped tens of thousands of people not only get through bankruptcy but also get the financial independence they needed to go on with their lives. The Fair Debt Collection Practices Act (FDCPA) does not apply to original creditors or cover company obligations. Discuss your debt with anyone but you or your spouse.

Debt collector 98

Debt collector Fair Debt Collection Collection Agencies Collections Agency 98

Sawin & Shea

AUGUST 2, 2023

Many people ask, when should you file for bankruptcy? Some people may be overwhelmed with credit card debt, especially those who spend more than 20% of their annual net income on credit card bills, have maxed out limits on several cards, and/or can only afford to pay the minimum on credit card bills. When Should I Contact an Attorney?

Bankruptcy 52

Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Unsecured Debt 52

FFGN COLLECT NY

NOVEMBER 21, 2022

Seeking replevin is common and used by debt collection lawyers to recover goods or collateral for their clients. When most people think of taking back goods or other collateral, they think of the “repo man” breaking in and repossessing a vehicle in the dead of night without a court order or sheriff tagging along.

Collateral 52

Collateral Repossession Debtor Creditors 52

Sawin & Shea

APRIL 17, 2024

The court will then order a bankruptcy stay — also called an automatic stay — that prohibits creditors and lenders from collecting what you owe. This plan states that you’re committed to paying back something to creditors in monthly installments, and you detail the minimum amount you’ll pay as well as the duration of the plan.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 52

Debt Free Colorado

MARCH 3, 2023

Find Out the 10 Common Questions About Bankruptcy with Colorado Bankruptcy Lawyers. Are My Creditors capable of appealing My Bankruptcy? Through a legal process called bankruptcy, some people who are unable to pay their debts can start over financially, either temporarily or permanently. What Can’t Bankruptcy Do?

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Credit Counselor Chapter 7 bankruptcy 52

The Kaplan Group

DECEMBER 6, 2021

Thanks to the silver screen, many people believe they have a solid understanding of our court system and the judicial process. When it comes to debt collection, many people assume the only course of action is litigation. One alternative is sending a client a stern letter from a lawyer, threatening to go to court over the unpaid debt.

Debtor 52

Debtor Judgment Lawyers Creditors 52

The Kaplan Group

AUGUST 29, 2021

Unfortunately, debt collector harassment is a serious issue that affects many people. Most people go into debt with genuine intentions to pay it back or because we had recently gone through an unexpected event. Overly repetitive phone calls, threats, and other tactics can be considered creditor harassment.

Debt collector 52

Debt collector Collections Fair Debt Collection Debtor 52

Sawin & Shea

MARCH 27, 2024

The sad reality is that many people hold misconceptions regarding bankruptcy filers. This bankruptcy protection will prohibit a collection agency or another creditor from recovering debt or taking action against you. If you’ve filed for bankruptcy and it now impacts your current job, you should contact an employment lawyer.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Chapter 13 bankruptcy Creditors 52

Sawin & Shea

FEBRUARY 9, 2021

Fair Debt Collection Practices Act (FDCPA) protects people from creditor harassment and is quite specific about what creditors can and cannot do to recover debts. Each time you incur a debt, a clock starts ticking and the creditor has a limited time to collect on the debt. The FDCPA Doesn’t Always Stop Zombie Debt.

Debt collector 98

Debt collector Bankruptcy Creditors Fair Debt Collection 98

Credit Corp

MAY 3, 2023

It’s typically a good idea to consult an experienced bankruptcy lawyer before you file a bankruptcy petition. People can end up in this situation for a number of reasons. In other cases, people have unplanned expenses such as medical bills that can put them over the edge financially. What Is Chapter 7 Bankruptcy?

Chapter 13 bankruptcy 97

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Creditors 97

Collection Industry News

SEPTEMBER 8, 2020

Debt collection means requiring debtors to pay creditors outstanding due or overdue amount or property as obligated by a contract or by a decision of a competent State’s authority. 104/2007/ND – CP, which is prohibited under the Investment Law 2020, lawyers and law firms are able to practice debt collection as a professional field.

Collections 53

Collections Debt collector Debt Recovery Judgment Enforcement 53

Sawin & Shea

APRIL 12, 2023

Many people are fortunate enough to have family or friends who are willing to help them in times of financial instability. In fact, doing so could actually hurt the people that trusted you would repay them. Meaning, you have prioritized payments to family and friends over all other creditors, which is not allowed.

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Unsecured Debt 52

Taurus Collect

DECEMBER 30, 2022

However, sometimes we can fail to pay back the amount and end up with hundreds of calls from creditors. You may panic upon learning that there is a debt collection agency after you to retrieve the amount you owe to your creditors. It can be intimidating for many people to deal with debtors or collectors.

Collections 52

Collections Collection Agencies Collections Agency Retrieval 52

Debt Recoveries

APRIL 28, 2020

Recently we have been focussing on how to reduce your credit risks, promote cash flow deal with debtors during the COVID-19 crisis. However it remains a possibility that with some debtors, legal action may be the only the only course of action to secure your recovery. and we know the debtor or company have assets to satisfy the debt.

Debt Recovery 84

Debt Recovery Debtor Debt collector Lawyers 84

Credits Inc

OCTOBER 26, 2019

Creditors give loans to millions of citizens, and thus credit companies are too busy to follow up on the debtors. For this reason, creditors are hiring debt collection agencies to collect debts that are 60 days past the agreed period. Debt collection agencies communicate to debtors via calls, letters, or emails.

Collection Agencies 40

Collection Agencies Collections Agency Collections Debtor 40

Better Credit Blog

JANUARY 11, 2022

Filing for bankruptcy is a serious step, and one that often has a bit of a negative connotation, as some people worry that it’s a sign they failed in some way, or they might worry that they’ll carry around a financial stigma for a while that will affect their credit. ” Finding The Right Lawyer. Ads by Money.

Bankruptcy 63

Bankruptcy Chapter 13 bankruptcy Debt Consolidation Lawyers 63

Debt Free Colorado

JANUARY 10, 2022

When a business or an individual cannot meet financial responsibilities or pay to creditors, there is an option to declare bankruptcy. Bankruptcy laws are in place to protect not just the debtor, but also the creditors. Bankruptcy laws are in place to protect not just the debtor, but also the creditors.

Chapter 13 bankruptcy 59

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Creditors 59

Sawin & Shea

AUGUST 24, 2020

In exchange of this discharge non-exempt assets are liquidated by a Chapter 7 trustee in order to pay creditors back something. Chapter 13 Bankruptcy: Chapter 13 bankruptcy is a reorganization of debts for debtors with regular income. A Chapter 13 can help people get caught up on a mortgage or car loans.

Chapter 13 bankruptcy 98

Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Debt collector 98

Debt Free Colorado

DECEMBER 9, 2021

Most people filing for either Chapter 7 or 13 bankruptcy will work directly with an attorney to determine the best option for each financial circumstance. Consider your income, assets, creditors, expenditures, and your ability to pass the means test while selecting between Chapter 13 and Chapter 7. Chapter 13 (Reorganization).

Chapter 13 bankruptcy 75

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 75

BN Lawyers

MARCH 23, 2020

Work with Creditors. Most creditors (lenders, suppliers, employees) will be aware of the distress facing the entire service industry. Many creditors will be willing to work with businesses. Creditors face their own pressures. To the extent possible, payments to creditors should be delayed while negotiations are ongoing.

Bankruptcy 67

Bankruptcy Creditors Lender Lawyers 67

Sawin & Shea

FEBRUARY 23, 2022

This plan will allow for one monthly payment to wrap up most types of debt and will provide you with automatic court protection from your creditors. The Chapter 13 Bankruptcy is sometimes called the wage earner’s plan because it is only for people with a regular income that will allow them to make steady payments.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 52

Sawin & Shea

JULY 13, 2022

The majority of people in Indiana who have thought about declaring bankruptcy likely already know how challenging it is to get student loans erased. Although it is not impossible, debtors normally need to pass the Brunner test, which establishes that repaying the student loans will put them in an unreasonably difficult position.

Student loans 52

Student loans Student Loans Bankruptcy Chapter 7 bankruptcy 52

Collection Industry News

FEBRUARY 9, 2023

Barrett dismissed Bartenwerfer’s grammar-focused argument, which claimed that the relevant section of the bankruptcy code, written in the passive voice as “money obtained by fraud,” refers to “money obtained by the individual debtor’s fraud.” With that understanding, I join the Court’s opinion,” Sotomayor wrote.

Bankruptcy 40

Bankruptcy Judgment Debtor Lawyers 40

Ks Law

SEPTEMBER 21, 2016

We don’t talk about things that make us feel uncomfortable, and many people are very uncomfortable talking about their financial problems. Often, people with such problems will hide all evidence of financial distress. Some people do this with a misguided sense of protecting their loved ones.

Lawyers 40

Lawyers Debtor Creditors Bankruptcy 40

Credit Corp

AUGUST 31, 2021

Contact a lawyer for your unique situation if you have questions. Each state has a law referred to as a statute of limitations that spells out the time period during which a creditor or collector may sue borrowers to collect debts. If you’re being contacted by a creditor about a time-barred debt, you can ask them to stop.

Debt collector 98

Debt collector Collections Collection Agencies Collections Agency 98

Collection Industry News

JANUARY 19, 2021

Giving these companies government money was a terrible idea,” said Don Yarbrough, a lawyer in Fort Lauderdale, Fla., who represents debtors in collection cases. The government loans to debt collectors essentially finance “debt collection against people who already are dealing with a global pandemic.”. Andrew Harnik/AP).

Debt collector 40

Debt collector Lender Collections Loans 40