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.
Better Credit Blog
APRIL 11, 2022
Some examples of debt are mortgages, credit card dues, and personal loans. Although accruing lots of debt isn’t ideal, it may sometimes be unavoidable, such as mortgage payments or student loans. In other cases, such as credit card debt, it’s seen as a hardship and can have a negative impact. Bankruptcy.
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Troutman Sanders
APRIL 19, 2021
Among other provisions, the bill (1) prevents credit services organizations from discussing a consumer with a credit reporting agency, debt buyer, or debt collector; and (2) prevents credit services organizations from impersonating a consumer when communicating with a credit reporting agency, debt buyer, or debt collector.
Collection Industry News
MARCH 28, 2022
The Department has also begun licensing debt collectors. Proposed registration includes debt settlement services, student debt relief services, postsecondary education financing, and wage-based advances. Research and Market Monitoring. For more information about the DFPI, visit their website at [link].
Troutman Sanders
JULY 26, 2021
On July 23, the Biden administration initiated a request for information — the formal process of inviting public comment — to address issues with the Public Service Loan Forgiveness (PSLF) program. The guidance resulted from concerns that debt collectors would seize the funds. For more information, click here.
Better Credit Blog
MAY 4, 2022
You can combine credit card debt, car finance, personal loans, student loans, medical bills, payday loans, and other types of unsecured debt. But is debt consolidation a good idea for you? In this case, you can look to alternative types of debt relief, such as debt settlement or bankruptcy.
Collection Industry News
DECEMBER 1, 2022
The most common types of debt that go to collections are credit card balances and medical bills , but there are many other reasons why people go into debt. Rent, student loans and tax debts are other examples of what can get passed on to a collections agency. million cases to 4 million cases nationwide.
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