Debt settlement is one of the three major forms of personal-debt relief. The other two are debt consolidation and bankruptcy. Debt settlement is when a debtor and a creditor agree on a reduced amount to negotiate the original amount owed.
Phone scams are an exceedingly common method scammers use in an attempt to illegally solicit money or personal information (to be used for identity theft) from an individual. Here's our tips to avoid falling victim to the trap.
I just got a warning from my company’s HR department that I was sued and now there’s a garnishment on me. They’re going to take my money starting next week. How can my wages be garnished if I never was served papers?! Please help! — Jason B., Las Vegas
A contingency fee is an an amount of money an attorney will be paid if and when a case is won. Generally, these fees are a percentage of any recovery award or settlement and are paid to the attorney before money is distributed to the client.
I needed help paying some bills, so I took out a payday loan. I made my interest payments but couldn’t pay it back in full and wound up having to take another loan. And then another. Now it seems like there’s no way out, and I still can’t pay off my original bills.
I own a Volkswagen diesel. I’ve seen a lot in the news about the company lying about emissions; maybe my car shouldn’t have passed. I also see officials hope to update the software soon so the car shows its true colors. Can I sue Volkswagen? What if ...
The bank told me I had to miss payments on my house before anyone could help me with a modification. Now they’re telling me I don’t qualify for a modification and they’re going to foreclose! What can I do? Please help!
Failing to pay the minimum on your credit card bill, or failing to pay altogether, can have a slew of serious consequences, both in the long and short term. There are many actions that can be taken against you, and they can get progressively worse ...
Lenders that hold liens in second position, often referred to as second mortgages, typically have the right to foreclose on a home when the loan is in default.
If there are errors or inaccuracies on your credit reports, then fixing those problems — aka credit “repair” — may increase your credit scores enough to help you buy a home ...
The only guaranteed way to stop a foreclosure sale that quickly would be to file an emergency bankruptcy petition. When a bankruptcy is filed, an automatic stay goes into effect, stopping all collection activity, including foreclosure sales ...
