If you are served with a credit card lawsuit or
other debt collection lawsuit, it is time to file bankruptcy.
Not exact matches
After the statute of limitations expires, creditors,
collection agencies and
other interested parties can no longer use a
lawsuit to collect the
debt.
I found so many problems that I found myself digging into the world of the sale of
debts after bankruptcy, zombie bill collectors, credit report errors after bankruptcy,
collections and
lawsuits that violated the bankruptcy laws, and a host of
other consumer problems.
Some advantages bankruptcy protection might offer a bankrupt debtor is that you can obtain an automatic stay which means the mere request for bankruptcy protection automatically stops and brings to a cessation certain
lawsuits, foreclosures, utility shut - offs, evictions, repossessions, garnishments, attachments, and
debt collection harassment, filing might save your home, you can reschedule secured
debts, you can receive protection for co-debtors you can keep all non-exempt property, you can consolidate all your loans under one plan, all or part of your loans may be completely forgiven, and you can extend certain tax obligations, student loans, or
other such qualifying
debts.
Other risks associated with not paying your creditors throughout the
debt settlement process include an increase in the
collection efforts of your creditors and the likelihood of
lawsuits, judgments, and wage garnishments.
With most of those situations, I either learn about something
other than what the person was calling about, or I am able to help them with issue 1 (
debt collection lawsuit) and they eventually end up with a situation involving a
debt collector (potential
debt collection harassment).
Other legal concerns span debt collection (17 percent), lawsuits (16 percent), incorporation (15 percent), trademark or patent issues (7 percent), theft or fraud (6 percent) or other (13 perc
Other legal concerns span
debt collection (17 percent),
lawsuits (16 percent), incorporation (15 percent), trademark or patent issues (7 percent), theft or fraud (6 percent) or
other (13 perc
other (13 percent).
«Foreclosure in D.C. and Maryland,
debt collection lawsuits, correcting credit report errors, maximizing credit scores, dealing with harassing
debt collectors, and
other consumer credit and
debt topics.»