What is Wage Garnishment?

What is wage garnishment? Wage garnishment is when a creditor or debt collector takes payment from a debtor directly from their paycheck or bank account. Several U.S. states have different garnishment exemptions…

Should I Get a Corporate Credit Card?

Does your company make at least $4 million in revenue every year? Would you like to provide a number of your employees with a credit card and even a department that tracks…

Should I Apply for Debt Consolidation?

Are you in debt with multiple credit card or other kinds of companies? Have you considered pursuing debt consolidation to help fix your debt? This article will provide some of the hidden…

Difference Between Chapter 12 and Chapter 13 Bankruptcies

In March 2017, we discussed the differences between Chapters 7 and 11 Bankruptcies. To recap, Chapter 7 Bankruptcies are generally filed when a business is at the end of its line. Upon…

Difference Between Chapter 7 and Chapter 11 Bankruptcies

Have you ever considered filing for bankruptcy as a means to avoid paying for debt? There are some important aspects to keep in mind before filing for bankruptcy, such as when and…

Can Collection Agencies Search My Bank Account?

Do you know if a collection agency can search a debtor’s bank account for funds to pay back debt owed to you? Imagine that you’re one of thousands who have companies that…

What is Post-Judgment Debt Collection?

So now you’ve obtained a judgment in a debt lawsuit that allows you to collect the amount a debtor owes you. Do you know how to enforce the judgment to get the…

What are Final Notice Forms?

Have you ever had a company owe you money? If you’re a company and are waiting on long-overdue payment from another company, you are eligible to download and send a Final Notice…

How to Deal with Debt Collectors

We’ve already explained the process of how debt collection works; beginning with the first bill you miss and then to if you get sued. What if you are one of the 80%…

What is a Debtors’ Prison?

A debtors’ prison is a prison specifically designed for people who are unable to pay off their debt. The idea of a debtor-specific prison stems back as early as the 5th century,…