Understanding the FDCPA Guidelines and What they Mean to You
Many have experienced the frequent telephone calls and letters from collection agencies trying to collect on a debt they deem valid. There is a limit …
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What Happens to Debt When Someone Dies?
Who is responsible for paying the debt of the deceased? What happens to a home that is jointly owned? Find out what happens to debt when someone dies.
Continue ReadingBudget by Suze Orman: How to Live on Half of Your Income as Suggested by Suze Orman
Recently, on Oprah, Suze Orman outlined a new budgeting practice. The budget idea by Suze Orman instructs people on living on half of their income. …
Continue ReadingHow Long Do I Retain Banking Records?
How long should those bank statements stay in your personal filing cabinet? According to most information found online, at least 7 years.
Continue ReadingHow Long Does My Name Stay in Telecheck?
Bad check databases such as Telecheck enable merchants and banks to be protected against people who have returned checks. However, being a consumer …
Continue ReadingBad Check Databases: Chexsystems Overvies
Chexsystems is one of several bad check databases that reports information on consumers who write returned checks or overdraw checking accounts. Being …
Continue ReadingDebt Collection Statute of Limitation
Debt collection statute of limitations are in place to protect the consumer. It is important to understand what statute of limitations apply to you, …
Continue ReadingProtect Your Ownership Rights With Title Insurance
Buying a home? The closing transaction is an important part in this process. This is when the ownership rights to the property transfers from the …
Continue ReadingThe Basics of Long Term Payday Loans
Find out all about long term payday loans, including what to look for and what they are, exactly. You’ll also find the general requirements to …
Continue ReadingBasics of Collaterallized Debt Obligations
The news has made many references to the recent problems with collateralized debt obligations. Here’s an explanation of them.
Continue ReadingBuy Sell Short BAC is Bank of America a Good Profitable Trade After Stress Tests
Bank of America has taken a lot of hits since starting the financial crisis as one of the “still good” banks. But, its disastrous buyout of Merrill …
Continue ReadingCan Debt Collectors Garnish Wages? How to Avoid Getting Sued for Failure to Pay Debt
Can your wages be garnished for debt? Yes, it is indeed possible to have your wages garnished on any debt. However, a court process must first happen …
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