Debt collectors will go to great lengths to collect a debt. Unfortunately, in their hunt for profits, debt collectors sometimes break the law. The Fair Debt Collection Practices Act (FDCPA) is a federal law that outlines what debt collectors may and may not do when pursuing a debt. One area that the FDCPA covers is…
Continue reading…
Is It Possible to Settle Your Small Business Debt?
Starting a small business almost always entails taking on some debt. Unfortunately, however, businesses don’t last forever, and some businesses close before they’ve had a chance to pay their debts. When this happens, it often leaves small business owners wondering what they can do about their outstanding debt. In this article, we examine whether it…
Continue reading…
What Should You Do if Midland Funding Contacts You?
Being contacted by a debt collector is not most people’s idea of a good time. And although it may be tempting to ignore debt collection phone calls or letters, this isn’t a good strategy. In fact, ignoring communications from a debt collector is one of the worst things you can do. Midland Funding, which is…
Continue reading…
Can Cavalry SPV Take Me to Court?
Cavalry SPV, which is also known as Cavalry Portfolio Services, is a debt collection organization that buys debts in bulk from loan and credit card companies for pennies on the dollar. Cavalry then makes efforts to collect the debts. A major part of Cavalry’s debt collection strategy is to file lawsuits against consumers. In this…
Continue reading…
How do I Respond to a Portfolio Recovery Associates Lawsuit?
If you are served with a lawsuit by Portfolio Recovery Associates, LLC, you are not alone. Suing consumers is part of Portfolio Recovery Associates’ business model. However, this doesn’t mean that you can simply ignore the lawsuit. If you fail to respond to a lawsuit by Portfolio Recovery Associates, the court will enter a default…
Continue reading…
What Happens After a Default Judgment in California?
When a debtor in California fails to respond to a debt collection lawsuit, he or she faces the prospect of a default judgment. Essentially, a default judgment means that the debtor loses the case, and he or she must pay the debt owed to the debt collector. This applies even if the debtor doesn’t actually…
Continue reading…
Fighting Back Against a Debt Collection Lawsuit
If you’ve been served with a debt collection lawsuit, you are undoubtedly experiencing a wide array of emotions. Anger, confusion, fear, and anxiety are common reactions to finding out that you’re being sued by a powerful debt collection company. Fortunately, if you are the recipient of a debt collection lawsuit, you don’t have to face…
Continue reading…
What is a Default Judgment in a Debt Collection Case?
The last thing anyone wants to deal with is a debt collection lawsuit. Therefore, it is understandable that many people would rather ignore a debt collection lawsuit than address it directly. However, if you fail to respond to a debt collection lawsuit in California, you risk a possible default judgment. In a nutshell, a default…
Continue reading…
Setting Aside a Default Judgment in a California Debt Collection Lawsuit
When a debtor fails to properly respond to a debt collection lawsuit in California, he or she faces the prospect of a default judgment. A default judgment can result in garnished wages, the attachment of one’s bank accounts, and property liens. Unfortunately, however, default judgments are sometimes entered against people who never knew they were…
Continue reading…
How to Deal with Aggressive Debt Collectors
Debt collectors often resort to aggressive tactics when attempting to collect a debt. Unfortunately, many consumers are unsure of how to respond when confronted by an aggressive debt collector. However, by reviewing the information below, you will be armed with the information necessary to successfully respond to a debt collector who crosses the line. In…
Continue reading…