man with debt

Can a Debt Collector Call My Family?

No one likes dealing with debt collectors. In fact, debt collection phone calls can be downright aggravating and in most cases, consumers treat such calls as a minor annoyance and move on with their lives. It’s a different story, however, when a debt collector calls your family. When a debt collector contacts a family member,…

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debt

Stopping Harassment for a Debt You Don’t Owe

Debt collectors purchase debt from original creditors for pennies on the dollar and then attempt to collect the debts. However, they don’t typically research whether a consumer actually owes a debt before attempting to collect it. The result of this is that debt collectors routinely harass people about debts they don’t owe. If you’re being…

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man calculating wages

Can a Debt Collector Garnish My Wages?

Debt collectors have many options to collect debts, one of which is wage garnishment. A wage garnishment, also called a wage attachment, is a court order that requires your employer to withhold a certain amount of money from your paycheck and send it directly to a creditor. In this article, we discuss wage garnishment in…

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debt notice

Can a Debt Collector Take You to Court?

If you’ve received a collection notice from a debt collector, you may be fearing the worst. You may be wondering whether the debt collector will attempt to take you to court if you fail to pay. First, a debt collector certainly can file a lawsuit against you in court. Whether a debt collector will take…

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debt collection

Avoid These Mistakes When Dealing with Debt Collectors

Debt collectors will often do whatever it takes to collect a debt—including break the law. The reason many debt collectors are willing to do this is simple: threats and harassment are effective. When consumers are subjected to these types of tactics, they tend to make mistakes, including agreeing to pay debts that aren’t owed. Debt…

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debt buyers

Negotiating with Debt Buyers

If you fail to pay a debt, the creditor might sell it to a debt buyer. Debt buyers purchase delinquent debts from original creditors for pennies on the dollar. They then attempt to collect the debts to make a large profit. If you’ve been contacted by a debt buyer about a delinquent debt, understanding how…

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woman in debt

Common Debt Buyer Lawsuit Defenses

If you’ve been sued for a debt, there is a good chance that the company that filed the lawsuit isn’t the creditor from which you incurred the debt. If this is the case, you’ve been sued by a debt buyer. Fortunately, there are several common defenses to debt buyer lawsuits that you may be able…

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man looking over debt notices

What Is a Debt Buyer?

Debt buyers are companies that purchase debts from original creditors. Major debt buyers include companies like Midland Funding LLC and Portfolio Recovery Associates. If you’ve been sued for an outstanding debt, there’s a good chance the entity that filed the lawsuit is a debt buyer. In this article, we discuss the debt buying industry and…

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foreclosed home

Judgment Liens and Foreclosure

If you are sued in court and lose the case, the winning party receives a judgment, which means that you owe the prevailing party a sum of money. That party may then file a judgment lien, which is a lien that attaches to your real estate. When a judgment lien is placed on the property…

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