These types of phone calls are not allowed. So how do you stop them? The rules for creditors are different from those for telemarketers, but neither one is allowed to call you late at night. Separate sets of laws forbid solicitors and debt collectors from calling before 8 AM and after 9 PM. Unless you […]
More than half a million families file for bankruptcy each year due to medical debt. In fact, it’s the most common reason, with 66% of debtors citing medical debt as a major factor in their financial downfall. (The other two most common reasons are unaffordable mortgage/foreclosure, 45%, and overspending, 44%.) Sadly, the Affordable Care Act […]
Yes, sort of. Signing up for the FTC’s National Do-Not-Call Registry will dissuade some unwanted telemarketing calls, but there are a couple of catches. One, categories like political robocalls and charities are protected from the Do-Not-Call list, so they are still allowed. Two, the list is “national” and enforcement outside our country’s boundaries is limited. […]
Anyone attempting to stave off bankruptcy is in a holding pattern of avoiding unnecessary expenses. It’s always wise to minimize costs. Before you agree to spending precious and limited funds on an attorney, consider asking the following questions: “Can I do this without an attorney?” The standard first question. The answer follows conventional wisdom: the […]
Having false information on your credit report can wreak havoc on your life. A bad credit rating can be used to raise your interest rates, reject your loan application, or cause a potential employer to deny you a job. Still, erroneous information shows up on credit reports all the time. In a recent study, the […]
There are good reasons for wanting to avoid probate court. It can be time-consuming: anywhere from several months to a few years. It can be expensive: add in lawyer fees and the estate can shrink quickly. It can be complicated: in cases with no will, the probate court uses the state’s laws of intestacy to […]
