As we warned over a year ago, debt collectors are becoming more aggressive and more brazen in their attempts to collect on delinquent debt. Many of the practices being used by some debt collectors are unethical or even downright illegal. That's why every debtor needs to know their rights as defined and enforced by the [...]
Mann Bracken, a debt collection law firm collapsed and shut its doors after a spinoff company handling its support work toppled into Chapter 7 bankruptcy, cutting the law firm off from the computerized files it needed to function. After the support firm went into Chapter 7 bankruptcy, Mann Bracken was unable to figure out who [...]
Potentially damaging rumors are spreading across the country that there is an Obama or government run national debt settlement program that will wipe away a debtor's bills. The truth is that no such program exists and it is just another one of the lies many unscrupulous debt settlement companies are using to swindle debtors out [...]
Debtors who file for bankruptcy immediately enjoy some of the unique benefits offered to them under the law. Benefits of filing bankruptcy: Bankruptcy will stop creditors from calling you, sending you letters and prohibit them from demanding payment from you. Even if some of your debts are not legally dischargeable under the bankruptcy law, even [...]
When Creditors Challenge A Bankruptcy Filing While it doesn't happen often, sometimes a creditor may challenge a debtor's Chapter 7 bankruptcy or Chapter 13 bankruptcy filing. Reasons a Creditor Might Challenge a Bankruptcy Filing Below are some of the most common reasons a creditor might challenge a bankruptcy filing: The creditor has noticed that the [...]
The Fair Debt Collection Practices Act only governs certain types of debt and does not protect businesses who owe business debt. Debt requirements that must be met: The debt must be a consumer debt which was incurred for personal, household or family reasons. For example, if you have a credit card and used it to [...]
Can I File Chapter 13 Without My Spouse? Spouses can file for bankruptcy alone or they can file jointly. There are pros and cons to each and which one is right for you will depend entirely on your situation. If you are filing alone it’s important to consider what impact this will have on your [...]
When debtors file for bankruptcy without the help of an attorney they often run into troubles such as post-bankruptcy filing bank levies. One of the mistakes that pro se bankruptcy filers make when submitting their bankruptcy paperwork is forgetting to notify all of the parties involved in collecting their debt payments. For example, before filing [...]
There seems to be a lot of confusion about the difference between a credit card's authorized user and a joint account holder and debt collector practices aren't helping any. One of the most common but often least heard of dirty tricks of the debt collections industry is going after a credit card's authorized user for [...]
Credit Card lenders and their debt collectors have a limited amount of time to sue debtors for failing to repay credit card debt. In the state of Texas, the statute of limitations for open ended type debts such as a credit card is four years. A debt collector pursuing a debtor for payment on a [...]
