When confronted by financial challenges, many Floridians are left unaware that there are some debts that they are no longer obligated to pay. This will not stop certain unscrupulous debt collectors from trying to get something from the debtor, but time-barred debts...
Negotiated Resolutions For Tough Legal Problems
Year: 2017
The Fair Debt Collection Practices Act stops unfair practices
Pensacola residents who are confronted with financial challenges and are the subject of constant various forms of contact from debt collectors might not realize that there are limits to what these collectors can legally do. The Fair Debt Collection Practices Act...
When you are in trouble over credit card debt
It is easy to get in over your head with credit cards. You have good credit habits, paying your bills every month. But something bad happens, that throws your schedule off. You lose your job, or your spouse loses theirs. You or a family member is diagnosed with a...
Recognizing creditor harassment and scams for debtors
For Floridians who have overwhelming credit card debt and are being contacted by creditors over delinquent payments, the worries can be a constant source of fear. While there are protections for debtors that are specifically designed to shield them from creditor...
What you should know about your rights under the ECOA – IV
In a series of posts dating back to March, our blog has been discussing just how disappointing it can be for those pursuing an education, new home, business opportunity or other venture to see a financial institution deny their application for much-needed funds,...
Why mandatory arbitration clauses are so onerous for consumers – II
Last week, out blog began discussing how clauses dictating that legal disputes must be resolved in private arbitration rather than the courts are buried deep within the language of many contracts, particularly those proffered by the financial industry. We also...
5 steps to improving your credit score
It’s easy to feel overwhelmed once you are labeled with a “bad” credit score (below 630). But with time and effort, you can rebuild your score. And the effort pays off. Repairing your credit rating will open renter, loan and credit opportunities that may be currently...
Why mandatory arbitration clauses are so onerous for consumers
It's safe to say that the majority of people, whether they are making an online purchase, renting a car, applying for a credit card or engaging in any sort of transaction, choose not to read through the many pages of boilerplate before signing on the dotted line....
Senators accuse IRS’s third party collectors of illegal, abusive tactics – II
In a post last week, our blog began examining how Congress, via a provision buried deep within the 2015 highway funding bill, called upon the Internal Revenue Service to once again start outsourcing some collection efforts to third party debt collectors Specifically,...
Senators accuse IRS’s third party collectors of illegal, abusive tactics
When most people hear the term debt collector, they invariably envision those companies attempting to collect money owed to purely private enterprises. In other words, the last thing they think of is government entities. While this has long been the case, things...