Debt Collector Calling Family Members? Know Your Rights.
When you're in debt and debt collectors start calling, it can be stressful. It's even worse when they begin to call your family members. Debt collectors must follow certain laws and regulations when contacting you or your family members about unpaid debts, and it’s important to know what those rights are. The Fair Debt Collection Practices Act (FDCPA) is a federal law that establishes the rules that debt collectors must follow when attempting to collect a debt from consumers.
What are the Chapter 7 Bankruptcy Rules?
Chapter 7 bankruptcy, also known as straight bankruptcy, is a form of relief available to individuals and businesses seeking debt relief. This option may be beneficial for those who are unable to make payments and need an avenue to obtain financial freedom. Understanding the rules and regulations of Chapter 7 bankruptcy is important in order to ensure that you are properly filing your petition and following all necessary steps. The most basic rule of Chapter 7 bankruptcy stat
Is Filing for Bankruptcy Bad?
Is Filing for Bankruptcy Bad? Bankruptcy is often seen as the last resort to address financial issues. However, it is important to note that filing for bankruptcy can have some serious and long-term consequences. It is important to understand all of the potential effects that bankruptcy can have on one's financial future before making any decisions. Many people view bankruptcy as a negative thing; however, there are circumstances where filing for bankruptcy may be beneficial.
Can I File a Chapter 13 Bankruptcy if I'm Unemployed?
Filing for bankruptcy can be a difficult and complicated process, especially if you are unemployed. If you have been laid off or lost your job, you may be wondering if it is possible to file a Chapter 13 bankruptcy without any income. The good news is that in certain circumstances, it is possible to file for Chapter 13 bankruptcy even if you are unemployed. In order to qualify for Chapter 13 bankruptcy when unemployed, an individual must prove that they have sufficient non-wa
Are There Any Advantages to a Voluntary Repossession?
Voluntary repossession can be a difficult decision, but it could be beneficial for those in the midst of financial trouble. A voluntary repossession is when a borrower gives up ownership of their vehicle to the creditor or lender before they are forced to do so – usually in response to missed payments or delinquency. While this may appear counterintuitive at first glance, there are actually some advantages that come with taking such an action. To begin with, by initiating a v
"Should I Take A Lower Paying Job While On Unemployment"
The current economic climate has left millions of people unemployed and looking for work. With so much competition for jobs, many are asking themselves “Should I take a lower paying job while on unemployment?” The answer to this question depends on one's individual situation. Taking a lower paying job may be the best choice if you need money right away, but there are other factors to consider. If you decide to take a lower paying job, make sure that it is something that you c
"Filing Bankruptcy In Indiana"
Filing for bankruptcy in Indiana is a serious decision that can have legal and financial consequences. Knowing the details of filing for bankruptcy in the state and how to pursue it are key to understanding what happens when you file. In Indiana, you may be eligible to file either Chapter 7 or Chapter 13 bankruptcy. When considering filing for bankruptcy in Indiana, it is important to understand what type of debt you have and which chapter of the federal Bankruptcy Code best
"What Will Disqualify You From Collecting Unemployment"
As unemployment rises due to the economic crisis, many people are applying for benefits. However, when it comes to collecting unemployment, there are certain criteria that must be fulfilled in order to qualify. Here is a closer look at what can disqualify someone from collecting unemployment: First and foremost, if an individual voluntarily quits his or her job without good cause they will likely not be eligible for benefits. Additionally, if an employee is fired for miscondu
"Haven Act"
The Haven Act is a proposed federal law designed to protect immigrants from deportation. Its intention is to create an environment of safety and security for individuals who may be at risk of being deported due to their immigration status. Supporters argue that the Haven Act would provide these individuals with the assurance they need, while opponents state the bill will weaken existing laws and endanger communities. The Haven Act is built on three main principles: providing
"Can I File A Chapter 7 Before 8 Years"
Filing for bankruptcy under Chapter 7 of the Bankruptcy Code can be a complicated process, and it is important to understand the rules that apply. Traditionally, individuals must wait 8 years before they are able to file for Chapter 7 bankruptcy. However, some circumstances allow you to file more quickly than the mandated 8-year waiting period. Knowing when you can file a Chapter 7 before 8 years is key in understanding how and when to best approach filing for bankruptcy prot
