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21

Jun

Modern Debt Management Systems Can Produce Tremendous Savings

Posted by admin  Published in Credit

David Haslett asked: Consumer and personal debt is, perhaps, the number one problem facing most American families today. The reasons behind the tremendous surge in debt have been related to emerging socio-economic patterns suggesting that we’ve become a nation obsessed with lifestyles and consumerism. America has always been a nation of consumers and the American people [...]

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19

Jun

Fair Debt Collection - Know Your Rights!

Posted by admin  Published in Personal Finance

Russel Taylor asked:  FAIR DEBT COLLECTIONIf you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a “debtor.” If you fall behind in repaying your creditors, or an error is made on your accounts,you may be contacted by a “debt collector.” You should know that in either [...]

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17

Jun

Can a debt collector physically show up to your home to collect on a home equity mortgage?

Posted by admin  Published in Personal Finance

William R asked: I was a collector of unsecured debt for years ( I was the guy that hounds you on the phone :(). I know the FTC regulates debt collection through the Federal Debt Collectors Practices Act. I remember my boss telling me about the Good Ol’ Days when he would go to peoples [...]

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6

Jun

Is the SOL on credit card debt determined by the state you currently live in or where the debt originated?

Posted by admin  Published in Credit

GeminiStars asked: Is the Statute of Limitations on credit card debt, determined by the state you currently live in or where the debt originated?
I have a debt that I stopped paying on in Jan 2002. I acquired the debt while living in Texas and stopped paying it while living in Texas. My husband is military [...]

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