Frequently Asked Questions

• Where Should I Report Violations Of The Law?
  Although the FTC can't act as your lawyer in private disputes, information about your experiences and concerns is vital to the enforcement of the Fair Credit Reporting Act. Send your questions or … more
• Can I Garnish a Debtor’s Wages to Satisfy What He/She Owes Me?
  Many states allow a creditor to garnish the wages of a debtor who has defaulted on his or her loan payments if certain conditions are met. For example, most states limit the amount of a … more
• Will I Ever Get Paid if the Debtor Files Bankruptcy?
  That depends. You must participate in the bankruptcy proceedings and you may desire legal representation depending on the complexity of the case, the legal priority of your debt and the … more
• What is a Receivership?
  Generally, a receiver is appointed by a judge to collect and appropriately distribute a person’s assets in accordance with a judicial judgment. If a receiver has been appointed for your … more
• Is There A Statute Of Limitations On Executing A Judgment?
  Yes. California Judgments must be executed within 10 years from the date Judgment was entered. Renewing the Judgment, which can be done once at least 5 years have passed since the Judgment was … more

Legal Articles

• Loan Default: Workout, Litigate or Foreclose?
  Creditors are often faced with a difficult decision when a borrower defaults on a loan. In order to stay in business, creditors must collect on as many loans as possible. However, there are different ways to collect on loans and different factors that determine which way is the best way to try to collect the money owed in a given situation. Primarily, creditors have three … more
• Repossession and Foreclosure of Personal Property
  In today’s age of high prices for everything from cars to furniture, from flat screen TVs to washing machines, many businesses find it necessary to allow their customers to buy things on credit. Some businesses choose not to offer credit cards or credit lines but instead allow a customer to purchase a particular item on credit which allows the business to keep a security interest in … more

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