Tag Archives: debt relief law firm
When Creditors Try to Deceive You – Contact a Lawyer
When you fall behind on paying your bills, you can anticipate receiving letters or calls from your creditors to collect on the debt. Thanks to state and federal laws, creditors and debt collectors must follow certain rules on how to behave when collecting debts. What’s the difference between the Fair Business Practices Act and the […]
Forgive Us Our Debts, As We Forgive Our Debtors
The idea of forgiving debts is not a new one. It arose centuries ago during biblical times. Despite the social stigma often associated with filing bankruptcy, the United States, which was founded as a Judeo-Christian nation, draws on a rich religious heritage of showing compassion for debtors. During the time of Moses, the Israelites were […]
How Can Using Retail or Gas Cards Help Re-Establish Credit?
After bankruptcy, you may have to use more than one approach to re-establish credit. With any approach, the main thing is making regular payments. You are rebuilding trust with lenders and on time payment restores their trust in you, thereby rebuilding credit. Retail cards A retail card is not a Visa or MasterCard. These are […]
Plusses and Minuses on Student Loan Interest Rate Freeze
Today, students are struggling to pay off student loans and this tight job market isn’t helping. Many are living with parents, delaying marriage, and taking other actions to pinch pennies so they can pay off their student loans. The student loan interest rate was about to expire at the end of June 2012, resulting in […]
