FindLaw |
Find a Lawyer. Find Answers.
Are you a legal Professional?
Debt & Collection
If you have run up a large amount of debt, you will eventually come into contact with a debt collector. Debt collectors may contact you about repayment, but their conduct is subject to the requirements of the Fair Debt Collection Practices Act. The articles that attorneys have submitted for this section of the KnowledgeBase will describe debt management strategies, debt counseling services and your rights under fair debt collection laws.
Debt & Collection
Articles
-
The Loan Modification Process
Provided by Michael A. Fakhoury, Esq., P.C.
An Overview of the Loan Modification Process Read More » -
"Making Home Affordable Program" May Help Struggling Families
Provided by Neff Law Firm, P.A.
By helping at-risk families avoid foreclosure and stay in their homes, the Making Home Affordable Program is intended to curb falling home prices in Minnesota and nationwide. Read More » -
Is Mortgage Cramdown the Answer to Bankruptcy Woes?
Provided by Neff Law Firm, P.A.
The US House of Representatives recently passed the Helping Families Save Their Home Act, which is intended to stabilize home prices and help struggling homeowners stay in their residences. Read More » -
Wisconsin Residents Have Bankruptcy Alternative
Provided by Debt Advisors, S.C.
Wisconsin Statutes section 128.21 provides an alternative form of debt relief for Wisconsin wage earners who do not qualify for federal bankruptcy. Read More » -
"Helping Families Save Their Homes Act" Passes House
Provided by Debt Advisors, S.C.
On March 5, 2009, the U.S. House of Representatives passed the Helping Families Save Their Homes Act of 2009 (H.R. 1106). The bill (S. 61) is now under consideration in the Senate. Read More » -
Tax Consequences for Forgiven Debt
Provided by Clark Law Offices
Whenever a lender forgives a debt, the cancelled debt may become part of your taxable income — which could make for a very unpleasant surprise at tax time. Read More » -
Am I Liable for My Husband's Debts?
Provided by Weintraub & Selth, APC
Generally you are only liable for the debts that you accrue personally, but death or divorce may raise complex issues regarding personal liability for spousal debts. Read More » -
Debt Consolidation Companies Under Fire
Provided by Rosenbaum Law Offices
The debt settlement industry — riding high in this tough economy — is coming under increasing scrutiny from a variety of regulators, including state legislatures and the Federal Trade Commission. Read More » -
The Dangers of Debt Consolidation
Provided by Rosenbaum Law Offices
With all of the misinformation and confusion concerning debt consolidation, it is important for consumers to fully understand what these companies are and how they work. Read More » -
The Perils of Debt Management Companies
Provided by Grand Law Firm
Debt management companies often prey upon vulnerable people who are trying to regain control of their financial situation. In many cases, bankruptcy is a much better solution. Read More » -
Bankruptcy May Be the Best Option in Troubled Times
Provided by Scura, Mealey, Wigfield & Heyer, L.L.P.
People often view bankruptcy negatively, believing it to be a black mark on their financial record. Far from a black mark, bankruptcy offers the opportunity to start fresh. Read More » -
Mortgage Programs Fall Short in Keeping Homeowners out of Foreclosure
Provided by Grand Law Firm
To alleviate some suffering by homeowners, the Obama Administration introduced the "Making Homes Affordable" plan last March. Unfortunately, the plan has not yet had the intended effect. Read More »