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Hidden Cost of Debt Collection: Interest, Fees and Costs
People facing a court judgement for debt often ask themselves “how did my bill get so big?” The answer to this question is that your debt grew due to additional interest, debt collection fees and costs added before and after judgment has entered against you....
Wage Garnishments, Bank Executions And Liens
Creditors bring lawsuits in Connecticut State Court to collect their debt through a Court Judgment. Once a creditor has obtained a court order or judgment against you, Connecticut law provides your creditor with a system of specific remedies to further enforce the...
What Is A Default Judgment?
Default judgments are when people fail to act on a debt collection lawsuit brought against them. All the creditor is required to show is that there was a promise to pay, and an allegation of nonpayment. If you do nothing about the suit, the court will enter the...
What Should I Do If Creditors Are Calling Me?
The first realization you should have when you get a creditor call is that your problem is reaching a new level. Nearly all people who receive a creditor call have been struggling with their budget for months, if not years. The call is a sign that things are...
Debt Lawsuits in Connecticut
If a debt of yours remains unpaid, it can become a collections lawsuit in Connecticut State Court, usually in the county you live in. This means that a lawsuit gets served on you by a state sheriff or marshal. They can serve you at home, work, directly to you...
Debt Settlement vs. Debt Consolidation vs. Bankruptcy
When facing overwhelming debt issues, the specifics of your case will determine what is the best strategy for your recovery. Learning about the options is the first step to a debt solution. With the guidance of an experienced professional, you’ll learn which choices...