A garnishment is a powerful collection tool used by many creditors to collect on a judgment for money owed to them. Two Types of Garnishment The two types of garnishments are account garnishments and wage garnishments. The creditor directs your bank or employer to pay money that is owed to you, directly to the creditor...Read More
If you have fallen behind on your bills and collection lawsuits have been filed against you, it is important to understand that once a creditor obtains a court judgment against you collection efforts will begin. Once powerful and commonly used collection tool is the garnishment of your accounts and/or wages. The creditor serves either your...Read More
A financial emergency may occur due to a sudden job loss or overwhelming medical bills. When you are struggling to pay your bills and considering filing bankruptcy, it is important to understand which type of filing is best for you. In this blog, we’ll take a look at Chapter 7, Chapter 13 and breakdown how...Read More
Learn about your options when filing a Bankruptcy in Brevard County An important benefit of filing for bankruptcy protection is that the automatic stay goes into effect immediately upon the filing of your petition. The stay prevents creditors from continuing any collection efforts against you while your case is pending. Thus, all harassing telephone calls,...Read More
The automatic stay is a powerful benefit of filing a bankruptcy case. As soon as the stay is effective, your creditors are prohibited from taking further collection actions against you. As a result, a bankruptcy filing can be helpful when you are facing financial emergencies, including: Foreclosure. The foreclosure process is a collection activity halted...Read More
It is very common, especially in the case of a delinquent credit card debt, for the original creditor or a subsequent debt-buyer to obtain a default judgment against the debtor. Most of the time, the address the creditor had on file was old and outdated, so many times the debtor has no idea that there...Read More
