In a recent debt settlement case of the Federal Trade Commission v. Asset Acceptance Capital Corp., Asset acceptance agreed to pay $2.5 million in damages to victims of improper debt collection tactics. According to the article this case is just the first of several...
More Americans fell below the poverty line in 2010, according to U.S. Census Bureau data released Today. The nation’s poverty rate rose to 15.1% in 2010, up from 14.3% in 2009 and to its highest level since 1993. The youngest generation was the most impacted as...
If you are thinking about filing bankruptcy and are mixed up in or will soon be involved a lawsuit, you need to let your bankruptcy attorney know about the lawsuit prior to when your bankruptcy case is filed. This is the case whether you are being sued by somebody or...
If you get sued by a credit card company or other debt collector you should consult with a bankruptcy attorney to learn about what options may be available to you. A bankruptcy lawyer can tell you if and how the debt that you are being sued for can be discharged...
If you you find out that some of your debt may not be dischargable in a bankruptcy filing then you should speak to a bankruptcy attorney to figure out what your options may be. One option for you may be to file chapter 13 bankruptcy and pay your debts in full over a...
Bankruptcy and the Fair Debt Collections Practices act (FDCPA) can go hand in hand. The bankruptcy code can provide much needed debt relief from credit card, repossessions and medical bills among other things. Debtors can file chapter 7 bankruptcy or chapter 13...
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