Sometimes debts can overwhelm you and make your life really unbearable. In such a situation, your only hope is to have a fresh financial start. Fortunately for such people, there are laws that allow them to apply for insolvency thus granting them a new start in their finances. The only problem here is that the […]
We’ve all had the experience. It’s only two weeks into the month, and you’ve almost gone through your entire budget. Now you’re facing two weeks of beans and rice just so you have enough gas in the car to get to work.
The Fair Debt Collection Practices Act, FDCPA, is a federal law that governs the actions of debt collectors for personal debts. When a attempts to collect a debt, that third-party is obligated to follow the FDCPA. The FDCPA does not regulate business debt or personal debt incurred for the benefit of a business. The Fair […]
Although there are debt solutions, people do understand what is really a financial difficulty if it happens to them. They experience absence of money, even homes, and most of the time with nothing left in their pocket. They even get constant information and notice about their bills. It’s good to have a creditor if all […]
The Fair Debt Collection Practices Act was enforced in 1978 as part of the Consumer Credit Protection Act. The mission of the FDCPA is to protect consumers against abusive debt collection as well as provide consumers with fair debt collection processes. There are many enforced regulations as well as practices that are ruled against. The […]