The federal and state governments are incorporating FTC Act (Section-5), FTC telemarketing sales rules and Uniform Debt Management Services Act into their legislation. With the implementation of these new laws, it will be improper and unlawful for ordinary professionals to identify themselves as debt arbitrators. Therefore, it has become very important for them to get [...]

Well, sound crazy. Isn’t it? We know that in reality debt collectors turn debtors crazy by numerous collection attempts. However, you can do the same with debt collectors. The best thing to start with when a debt collector is attempting to collect from you is to remain calm. Even if the debt collector is offensive [...]

After the recent financial cries in the U.S., almost all individuals are experiencing various economic hardships like job loss, underemployment and wage reduction, and are incessantly facing problem in managing their finances. So in lieu of managing finances, a large number of people are drowning in the sea of debt and struggling hard to save [...]

Unlike other American workers or professionals, the members of the US Armed Forces have a wider range of debt help options when compared with other citizens. The military members can avail the debt help from the Servicemembers Civil Relief Act, Armed Forces Legal Assistance Office, Installation Support Centers, and Military Relief Organizations. If you are [...]

In today’s day and age, financial issues are literally breaking the backbones of common people. While most chalk out a way to deal with their debt issues, some plunge into the deep – and never able to return in a normal life. This pops up a very significant question: would a debtor be obliged to [...]