Sawin & Shea

NOVEMBER 15, 2023

And possibly the most common question people ask is credit card debt is secured or unsecured. They may use collection agencies , or they may sue you (asking the court to garnish wages, take an asset, or put a lien on your home). A Chapter 13 plan can cure arrearages on houses or cars, stopping foreclosures and repossessions.

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Credit Corp

JUNE 14, 2023

Foreclosures and Short Sales: Seven Years A foreclosure can remain on your credit reports for seven years from the date the foreclosure was filed. The same goes for a short sale, which could show up on your credit report as a charge-off, a settlement, a deed-in-lieu of foreclosure, or “settled for less than the full amount due.”

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Collection Industry News

OCTOBER 6, 2020

Earlier this year, the pandemic swept across the country, killing 100,000 Americans by the spring, shuttering businesses and schools, and forcing people into their homes. Finding themselves with enough money to settle old debts, people responded to collectors’ calls and letters. It was a great time to be a debt collector.

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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. Short foreclosure protection – When your home is faced with foreclosure, the automatic stay is not in effect indefinitely. Disadvantages of Chapter 13 Bankruptcy.

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Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 75

Albuquerque Law

MAY 5, 2020

Military service members and their families make many sacrifices to protect the values and people of the United States. Most service members do not expect one of those sacrifices to be financial security. And yet, many military families report that debt and financial challenges are one of the largest concerns they face.

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Sawin & Shea

AUGUST 24, 2020

Bankruptcy can also stop or delay a home or mortgage foreclosure, stop collection actions, stop garnishments and lawsuits. A Chapter 13 can help people get caught up on a mortgage or car loans. What Do the Various Kinds of Bankruptcy Entail? There are many intricacies that set Chapter 7 and Chapter 13 Bankruptcy apart.

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Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Debt collector 98

Sawin & Shea

SEPTEMBER 20, 2023

Upon filing a Chapter 7, you receive automatic court-oredered protection from creditors and aren’t subject to lawsuits, repossessions, or wage garnishments. People with real estate can keep their home when they file for Chapter 7 bankruptcy as long as their equity does not exceed Indiana’s Homestead Exemption. We are here to help.

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Troutman Sanders

AUGUST 9, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. You may access this interactive tool at [link]. The rules and related court forms become effective for cases filed on or after September 7.

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Financial services Student loans Student Loans Foreclosure 52

Sawin & Shea

MAY 26, 2021

People often wonder whether filing bankruptcy without their spouse will protect their home, car, and treasured personal possessions. This means a foreclosure, repossession, garnishment, or other action can continue against your spouse even after you’re freed of it through bankruptcy – but only if their name is on the debt.

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Bankruptcy Chapter 13 bankruptcy Creditors Repossession 97

Troutman Sanders

MARCH 22, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. On March 17, Virginia Attorney General Mark Herring announced a new law preventing garnishment or seizure of economic support payments.

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Financial services Garnishment Student loans Student Loans 52

Debt Free Colorado

APRIL 9, 2020

The efforts to contain the Coronavirus pandemic have pushed hundreds of thousands of people out of work. You can work directly with the mortgage lender on a loan modification, or reach out to the Colorado Foreclosure Hotline for free assistance. How do I pay my Bills if I’m out of Work due to a Stay-At-Home Order? Credit Cards.

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Student loans Student Loans Chapter 13 bankruptcy Chapter 7 bankruptcy 82

Troutman Sanders

FEBRUARY 8, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Treasury Secretary Janet Yellen issued a statement on the historic impact of economic crises on people of color.

Financial services 52

Financial services Foreclosure Student loans Student Loans 52

Troutman Sanders

JULY 26, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Any attempt to garnish or otherwise seize these funds to collect or attempt to collect a debt violates the AG’s Debt Collection Regulations.”

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Financial services Student loans Student Loans Garnishment 52

Credit Corp

MAY 3, 2023

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. In other cases, people have unplanned expenses such as medical bills that can put them over the edge financially. It’s a powerful protection.

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Collection Industry News

SEPTEMBER 23, 2020

It can garnish wages and bank accounts, • It can force the sheriff to seize your home, real estate, and personal property. Failing to respond to a lawsuit can result in default judgment on a case you could have won, and end in wage garnishment or loss of other assets. Bond & Botes Helps People Struggling with Debt.

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Troutman Sanders

APRIL 5, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. On April 1, the CFPB issued a warning to mortgage servicers to take necessary steps to prevent a wave of foreclosures this fall.

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Financial services Financial Institution Foreclosure Garnishment 52

Jimerson Firm

JANUARY 16, 2023

Additionally, it should be noted that the majority of cases where actual damages are awarded include gross allegations of harassment, threats, and what may shock the conscious of many people. These cases do not typically involve what could be characterized as a technical or ticky-tack violation of the FCCPA or the FDCPA.

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Debt Free Colorado

MARCH 3, 2023

Through a legal process called bankruptcy, some people who are unable to pay their debts can start over financially, either temporarily or permanently. Are you at risk of falling into foreclosure, being evicted, or having your utilities cut off? To begin, however, let’s define the term “bankruptcy.”

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Bankruptcy Chapter 13 bankruptcy Credit Counselor Chapter 7 bankruptcy 52

Troutman Sanders

APRIL 19, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. You may access this interactive tool at [link]. For more information, click here. State Activities: On April 14, Illinois Governor J.B.

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Financial services Student loans Student Loans Financial Institution 52

Debt RR

DECEMBER 13, 2019

Many people are facing a debt collector threatening to serve papers. Searching the internet comes up with a variety of crazy lengths people have gone to avoid a process server. Real life isn’t as dramatic as fiction, but process servers do regularly deal with resistant people. foreclosure crisis commonly used this defense.

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Troutman Sanders

MARCH 29, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. C]ertificates are becoming passports of sorts, allowing people to a freedom of movement they haven’t enjoyed in months.”

Financial services 52

Financial services Fair Debt Collection Lender Foreclosure 52

FDCPA Defense

FEBRUARY 3, 2019

FDCPA litigation in this sector appears to be on the rise, and as more people move into planned communities, it seems unlikely to go away any time soon. to pay money,” non-judicial foreclosure is not covered under FDCPA) (citations omitted), pet. These cases arose in the context of non-judicial foreclosures. See, e.g., Ho v.

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Troutman Sanders

JUNE 22, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. You may access this interactive tool at [link]. Pritzker issued an order to rescind Executive Order 2020-25 on June 25.

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Financial services Student loans Student Loans Financial Institution 52

Better Credit Blog

APRIL 11, 2022

These complex records confuse a lot of people. Foreclosure. Garnishments. When you learn how to read your credit report you can find credit reporting errors quickly — before they hurt your borrowing power. Don’t feel bad if your credit report makes little to no sense. Liens are attached to any real estate you own.

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