Tips On Recovering From Filing For Bankruptcy
As the recession gets worse, more and more Americans are falling into debt, and more of us are declaring bankruptcy every day. Bankruptcy can be seen as a fresh start, relieving you of much of your debt and payments, but it will also tear up your credit score, staying there for ten years, and decreasing it by several hundred points. In most cases, bankruptcy should be viewed as a last resort because of how important it is to maintain a healthy credit score. If you are forced to file for bankruptcy, there are certain measures you should take to ensure that you can get on the road to financial recovery as quickly as possible.
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Cali Collection Company Attempts to Get Fit And Healthy
A collection agency based in California produced a plot to motivate and educate employees to live healthier lifestyles in early January. There are twenty eight employees at the agency; more than half are currently participating in the initiative.
Jury Duty Scam Emerges As Scams Increase
According to the FBI, jury scams have existed for years. What happens is that someone will call you, telling you that you have missed jury duty, and then asks for personal information to stop you from getting arrested. But if you give the conman what he wants, you could lose your identity.
City Of Detroit Calls On Debt Collectors
The city of Detroit has paid out almost $50 million since 2004 tearing down cast away buildings. Getting rid of the dumps has been constructive, but feeble collection efforts have left taxpayers footing the bill.
What Is A Collection Company Allowed to Do?
When does a collections agent over the phone cross over the line into harassment? Collection agencies are restricted from utilizing obscene language or threats of violence. However, they are allowed to insult your integrity and make you feel bad about the person you are.