What is the definition of Debt?

by JR Rooney What is debt? Debt is something that is owed to someone else ... “debt About the Author: Let no debt remain outstanding, contact a Collection Agency or request ... . An individual person or company / business owing a debt is called a debtor. The entity [more...]

Date: 2008-12-01 12:45:27

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Pro Bono Project Helping Seniors Keep Their Homes

A pro bono project started by lawyers at Morgan Lewis & Bockius in Washington DC is helping retirees keep homes they own free and clear ... lien, which debt can quickly grow and lead to foreclosure. Here’s what happens: Let’s say they miss ... entitled to collect the outstanding debt, PLUS a surcharge of 5 percent, according to established [more...]

Date: 2008-11-16 15:00:03

Can Collection Agencies Sue Me For Outstanding Debt?

Amazon.de Widgets The question that many people are asking is ‘can collection agency sue for a debt?’ With the amount of people suffering financial hardship due to the current economic crisis the number of people facing difficulties paying their bills is increasing rapidly and for the time being, at least, this trend shows no sign of reversing.Previously, lenders who had borrowers that had fallen into arrears would normally, only go as far as to post negative credit information upon the debtors [more...]

Date: 2009-09-29 11:34:48

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