by Rachel Hunter | Jun 16, 2014 | Articles / Debt
I frequently answer many questions from people who find themselves in debt and don’t know what to do. Whether their debt is current and about to become delinquent or those with a judgment that is already entered, the options are the same. Which one a debtor chooses...
by Rachel Hunter | Jun 16, 2014 | Articles / Debt
There’s a lot of hype these days regarding knowing your score and identity fraud, like the catchy commercial to get your “free credit score” by signing up for a credit monitoring service. Do your wallet a favor and don’t. Most of your credit is made up of what types...
by Rachel Hunter | Jun 16, 2014 | Articles / Debt
When you first get into trouble, document the reasons for your hardship and send your creditor a certified letter. Make sure that you send it to the creditor’s correspondence address! It may or may not be the same as the payment address. The only way to know...
by Rachel Hunter | Jun 16, 2014 | Articles / Debt
Simply stated, debt consolidation is “the act of combining several loans or liabilities into one loan. Debt consolidation involves taking out a new loan to pay off a number of other debts. Most people who consolidate their debt usually do it to attain a lower...
by Rachel Hunter | Jun 8, 2014 | Articles / Debt
All civil causes of action are governed by the statute of limitations and debts are no different. The statute of limitations begins to run as soon as the right to suit first arises. In regard to credit card debt, that typically is the date on which the last payment...
by Rachel Hunter | Jun 8, 2014 | Articles / Debt
Some consumer-friendly states provide that it is an unfair and deceptive trade practice for a debt collector or original creditor to get a debtor to acknowledge a debt that is barred by the statute of limitations or to bring lawsuit thereon. The federal Fair Debt...
