Debt Articles

Dealing with Late Payments and Delinquent Accounts

If you can’t afford to make your payments on time, then you are not alone. While delinquent rates dropped since the Great Recession in 2008, many households...

Settle a Lawsuit

Settling with your creditors is a fairly straightforward process, but one which can be intimidating to many consumers. Learn more about the process at Bills.com

Debt Consolidation & Mobile Home

Finding a debt consolidation loan using a mobile home as collateral is possible but challenging. Consider your alternatives, which include...

Deal Or No Deal

We were forced to sell our home through a short sale and our second mortgage left us a charge-off of 66k. We have been offered a 10-year settlement plan. Is thi

Debt Consolidation Loans For Military

Debt Consolidation Loans Military | If you own a home then consider a VA cash-out mortgage. While there isn't a special personal loan program for military...

US Bank Debt Consolidation Loan Options

US Bank offers debt consolidation loan options for their existing customers including personal loans, lines of credit and home equity loans. Check out the...

How to Consolidate Credit Card Debt

How can you consolidation credit card debt? Learn about the best way to consolidate credit card debt and choose a program that fits your...

What Happens if I Do Not Have Enough Money To Pay A Deficiency Balance?

If I do not have enough money to pay a deficiency balance, what will happen?

Pros and Cons of a Bad Credit Debt Consolidation Loan

If you have bad credit, then you are probably wondering if a bad credit debt consolidation loan is the right solution to your debt problems. Learn the pros and

Virginia Collection Laws

Learn the statute of limitations for credit card and other debts, and how to apply for a $5,000 wage and account garnishment exemption available to Virginia...

Repay Gambling Debt

Some state courts will hear cases relating to gambling debt, and others will not. Failure to pay a casino marker may fall under a state's bad check laws...

FTC Crackdown on Bogus Debt Collectors

Fake Debt Collectors and FTC Crackdown | Debt collectors must act fairly. If threatened or harassed, file a complaint with the FTC, who recently...

Consolidate Student Loan Debt With Credit Card Debt

It's not easy to consolidate student loan debt with credit card debt. If you're house-rich but cash-poor, consider a cash-out refinance. Otherwise, you will...

CFPB and New Ideas for Private Student Loan Relief

Private Student Loan Relief | There are few relief options for private student loan borrowers. The CFPB's July 2012 report called for changes, including...

Debt Consolidation Reviews

Reading debt consolidation reviews is an important step in finding the right debt consolidation company. You also need to choose the right debt consolidation...

Right of Redemption

Right of redemption allows former owners who have had a vehicle repossessed or home foreclosed upon to reclaim the property.

Revolving Debt

Learn about the difference between simple interest and the interested calculated for revolving debt.

HCA Patient Financial Assistance

HCA hospitals and HCA surgery centers offer charity and discount programs for people who can show they have limited income. If you do not quality, you have...

Garnishment Applied to Wrong Account

What to do if a wage garnishment for a student loan is applied to the wrong account. First, contact the collection agent. Next, consult with a...

Colorado Collection Laws

Learn the statute of limitations for credit card and other debts in Colorado, and the state's unusual rules for the life of judgments, which is 6 or 20 years...

Medical Debt

The Medical Debt Responsibility Act of 2013, if passed into law, would require credit bureaus to remove settled but formerly delinquent medical debt from...

Settled Debt Not Updating on Credit Report

Get information about how a settled debt is reported to the credit bureaus and how long it might take to update. read more about debt settlement at Bills.com

Remove Cosigner on a Loan

I bought a motorcycle. Now, a year later, the finance company won't honor a clause the dealer wrote into the loan. What can I do?

Maryland Collection Laws

Learn the statute of limitations for credit card and other debts, and how to apply for a $6,000 account levy exemption available to Maryland residents...

Collector Harassment

Learn how to deal with aggressive debt collectors in this informative article about collector harassment on Bills.com

Bill Consolidation and Credit

Your credit score and history make a difference when choosing bill consolidation options. Also, once you choose a program your credit score will be affected.

Will a Cease-and-Desist Letter Work With Payday Loan Companies?

I have sent cease and desist letters to three payday loan companies. What will they do now and what should be my next step?

Mississippi Collection Laws

Learn Mississippi Collection Laws, including the Mississippi statute of limitations for credit card and other debts, and how your can stop a wage...

Lexington Law Firm & Bankruptcy

Lexington Law Firm cannot promise it will remove a bankruptcy from your credit report, but it can say it will try. If you actually filed for BK, don't expect...

Community Debt After Divorce

Learn about California Community Property Law and see how it could effect your debt responsibilities if you are going through a divorce.

Consolidate Debt & Divorce

Debt consolidation & divorce don't often go together, but there's no reason a divorce should stop you from consolidating debt. How to consolidate debt and...

How to Settle a Judgment

You want to buy a house, but have a judgment against you. How to settle the judgment without spending your down payment.

Utility Collection

Steps you can take to keep the heat and lights on when you cannot pay your utility bill. Learn the secrets of utility debt collection...

CFPB Supervisory Report | Credit Markets

CFPB Supervisory Report | The CFPB issued its first supervisory report and identified problems in the mortgage and credit markets. Learn to be an educated...

Stop Debt Collection Threats

Debt collector threats can be very stressful. Learn what to do if a collector threatens you with arrest, wage garnishment, visiting you at work, or taking...

Domesticate a Judgment

When a creditor domesticates a State A judgment in State B, it is possible that it will garnish the debtor's wages, levy the debtor's bank accounts, or place a

Vehicle Repossession and Summons

I can't afford payments on a repossessed vehicle I co-signed a loan on. The company is now issuing a summons. How can I deal with this?

Creditor Trying to Collect on Forgiven Debt

Learn about rules regarding debt charge-off and what the ramifications might be there for you after a debt has been charged off. Bills.com is your one stop res

Tactics Used by Debt Collectors

Debt collectors are infamous for their dirty tactics to trick you into a payment. Learn how to deal with debt collectors with the help of Bills.com

Oregon Collection Laws

Learn the statute of limitations for credit card and other debts in Oregon (hint: they're long), and the state's consumer friendly anti-garnishment...

Paying Down Debt

If I get a partial lump sum of what I owe to my creditors, which debts should I pay?

Ways to Pay Your Debt Off Faster

Find the right strategy to pay off debt faster, based on your individual circumstances. You can save a lot of money and get out debt faster, if you start by...

Reverse Mortgage Garnishment

Can proceeds from a reverse mortgage be garnished, such as to pay off a debt? The answer is unclear.

Credit Score Medical Debt

Medical debt can harm your credit score, but only if the debt is so delinquent it lands in the hands of a collection agent. Take steps to avoid collections...

$60K in Debt

I have a small trucking company and have acquired $60,000 in credit card debt.Is there a loan I can get now to minimize the interest rates without hurting my cr

Indiana Collection Laws

Learn the statute of limitations for credit card and other debts, and what amount is exempt from an account levy in Indiana. The first $350...

Community Health Systems Financial Assistance Program

Community Health Systems (CHS)'s 135 hospitals and care centers offer charity and discount programs for low-income people. Talk to a financial counselor in...

Deficiency Balance on Car Repossession

My car was repossessed and now I owe $9,600 in a deficiency balance I can't afford. Is bankruptcy an option?

South Carolina Collection Laws

Learn the statute of limitations for credit card and other debts in Colorado, and the state's tough rules for wage garnishment and account levy...

Common Non-Law and Debt

If I pay an amount on my credit card every month (it is currently 45 days late), can its collections department still call me about the debt?