Legal Articles, Credit & Debt
No Process of Service: Will the Judge Dismiss My Case?
Generally, if the process server does not hand the summons directly to you or to someone of age who resides in the home with you, it should not be possible to have a default judgment granted against you.
You May Not Be Judgment Proof Forever
You may be safe from enforcement today, but a judgment is usually good for ten years and can then be extended for another ten. In the next twenty years, do you still see yourself without a job, without property, and without a checking account?
Collections Lawsuit Deadlines: Understanding How They Work
There is always the temptation to procrastinate or sweep things under the rug, especially when having to face something as intimidating as a lawsuit. However, a response is highly recommended. In some cases, you may even be able to file a late response if you have a valid excuse.
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.
