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 …
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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 …
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Property That is Exempt From Bankruptcy
Has one of your borrowers filed for bankruptcy? Are you concerned about recovering the money that you loaned to the borrower? Many creditors are concerned and rightly so. Often, a borrower who is filing for bankruptcy protection has several debtors who need to be paid from a finite amount of assets and not all of a borrower’s assets can be used to satisfy his or her debts …
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The Fair Debt Collection Practices Act
From time to time, many well meaning borrowers fall behind on their bill payments. It may be that the borrower has lost his or her job, has run into unexpected expenses or has simply borrowed more money than he or she can afford to repay. Whatever the reason, many borrowers who fall behind in their payments begin to receive phone calls from persistent debt collectors. Often, …
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