Wage garnishment occurs when a collection company or creditor starts legal action to take some of your wages, money held in your bank account, or other assets you own. When creditors are successful with their case, they will contact your employer and ask them to deduct a certain amount of…
Category: Credit Card and Debt Defense
We often talk on this blog about the dangers of credit cards, and the lawsuits that overzealous debt collectors file to recover the debt when borrowers get in over their head. Continue reading
It has been said time and time again that even if you cannot pay off the full balance on your credit card every month, you should at least try and make the minimum payment. If you cannot make this smaller payment, it counts as a missed payment and will hurt…
Using a credit card seems pretty simple. You choose a purchase and then swipe or insert your credit card to complete the transaction. While this is the general premise of using credit cards, there is also so much more to it than that. Within that card in your wallet, there…
Even though Congress is currently working on a plan to send checks to Americans that will hopefully help them through the financial crisis the coronavirus is causing, that money will likely not be enough for many people throughout the country. Continue reading
Many people think that it is necessary to have a credit card, whether it is to build credit or just to have an emergency fund if unforeseen circumstances arise. However, too many people get into trouble with credit cards and soon find themselves drowning in debt. Often, this is because…
A credit card is a great way to pay for transactions, create an emergency fund, and even increase your credit score. However, many people get a credit card and then soon find themselves in trouble. Their monthly payments are far more than they can afford, and their balance is much…
Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer that can assist you in…
This is the time of year that people start thinking about filing taxes and preparing themselves so they will not be hit as hard. To avoid as many unpleasant surprises as possible, it is important that you take into consideration a 1099-C, and what it could mean for your tax…
