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Court Judgments: Are they Really Final?

As the bills pile up and debt collections activities escalate, consumers may find themselves searching for options in the face of collections lawsuits or judgments. With the help of a good debt protection attorney, you may be able to cut these actions off.

Student Loan Debt Topics: Numbers Show Decline in College Enrollments

Typical life milestones are now being delayed for many student loan borrowers as they struggle to get their money issues under control.

Consumer Debt Load Outpacing the US Economy

Recent numbers, provided by the Federal Reserve, show that the number of debt consumers accruing is not in line with economic growth.

Student Loan Borrowers Take Out Larger Sums for Private Colleges

Student loan borrowers are often held responsible for making payments of over $350 a month, not only straining budgets but also straining marriages to the point of divorce.

Serious Court Judgments: It Can Be Much Worse Than You Imagined

A default judgment is a problem for most due to the potential for wage garnishments of up to 25 percent of disposable income, levying of bank accounts, and seizure of property.

Chief Student Loan Watchdog Resigns

There may be further worries on the student loan debt front as recent news announces the resignation of Seth Frotman, student loan ombudsman at the Consumer Financial Protection Bureau.

Default Judgments: A Matter Far Serious Than Your Credit Report

You may not have a lot of notice regarding a default judgment, and it can be quite a shock to try to go through the grocery checkout line only to discover your funds have been frozen.

Jackman v. Account Specialists

State law (since statehood) required husband to be responsible for medical bills of wife. Court of appeals found the statute to be unconstitutional. As a result, the next legislative secession, the law was changed to make both spouses responsible for the medical debts or necessities of the other spouse.

Court Judgment Granted Against Me: Why Would the Creditor Back Down Now?

All is not lost simply because the judgment was granted, especially if you had a valid excuse for not filing a response. There is a chance that you were never served documents alerting you to the existence of the lawsuit.

College Tuition Continues to Grow and Young Borrowers Are Forced to Take Out Large Student Loans

Defaulting on a student loan almost always entails negative consequences, especially for young borrowers. In some cases, they may be forced to hold off on getting married, having kids, or starting businesses.

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