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Collection Legal Articles

Legal articles on Lawyer.com, Written by legal experts, are a great resource for learning more about Collection. Find more legal articles


Debts and default judgments: isolating yourself is not the answer

Financial distress can be scary, especially if you do not have enough resources to pay for essential bills. This is challenging if you are the only person in your household, but if there are multiple others depending on you, the situation becomes even more grave.

$890 billion of student loan debt belongs to the women

It has been clear for some time now that more women are attending college than men, so it makes sense that they would be contributing more to tuition costs; however, recent studies point out that student loan debt is becoming a women’s issue.

The reality of student loan debt in the us is scary

As over 44 million borrowers continue to pay off their portions of the $1.5 trillion student loan debt that is looming over the US economy, many are stressed, limited by serious financial constraint, and headed into delinquencies or outright default.

Served with a collections lawsuit: reviewing the summons and complaint

Even if creditors and collections agencies are following the law, their efforts can still be relentless, harsh, and full of intimidation. Unfortunately, the process can get much worse if they decide to sue.

Collections lawsuit relief via chapter 7 bankruptcy

Bankruptcy may seem like an intimidating process that you know nothing about, and you may be worried about all the paperwork. With the help of a skilled bankruptcy attorney, you should find the process to be streamlined.

Debt collection agencies become more powerful with a judgment

If you do not reply to a collections lawsuit, and you do not appear at the scheduled trial, chances are good that a judgment will be entered against you automatically.

Student loan statistics: women carrying more debt

The majority of rising students have loans, whether they are federal, private, or a combination of both. Now, statistics show that these growing numbers involve more women than men.

Graduate schools churn out the student loan debtors

Even with careers that may get off the ground quickly, high monthly balances due to student loan debt servicers can be crippling.

Lawsuits? default judgments? take care of business, but don’t let stress get you

Although trying to forget about your financial problems may seem like the easiest thing to do, procrastination just increases stress in the long term.