?Defending Junk-Debt-Buyer Lawsuits? is a paper written by Peter A. Holland of the University of Maryland Francis King Carey School of Law and published in the May 1 issue of Clearinghouse Review. It?s a clear, short, absolutely readable (and indispensable) guide to fending off speculative lawsuits from vulture debt-collectors. These are the debt collectors who buy up bad debts that banks and other creditors have written off (because there?s insufficient evidence that the debt exists in the first place, or because it?s past the statute of limitations, or because the debtor has been through a bankruptcy). Then they bulk-file lawsuits against the debtors, hoping that they won?t show up in court to defend themselves, so that the vultures can win judgments and use them to go after houses, cars, salaries and so on. As Naked Capitalism?s Yves Smith puts it, these vultures are buying up a lot of scrap paper, hoping to find a lottery ticket.
Source: boingboing.net
Video: Equity vs. Debt
Efforts To Get Out Of Debt Leave Some North Texans Deeper In The Red
Garner initially agreed to meet with CBS 11 News a second time, after looking into Horne?s and Spray?s cases. But when we went back for a scheduled appointment, he was not there. Instead, a company employee put Garner on a speaker phone, and he told us to leave ? followed by a phone call from his attorney, saying the company would have no comment.
Source: cbslocal.com
Requirements to Get Debt Relief Order
People who are unable to afford their payments due to low financial situation should go for some efficient measures that can help to make payments faster without increasing any more financial obligation. DRO or debt relief order is a formal situation to clear debts in full with adequate requirements of debtors. It is a form of insolvency for people having certain debts and few assets as well as low income. However, everyone cannot go for this option. If you want to repay your debts through this formal repayment plan then it is necessary for you to qualify the eligibility criteria of this option. Home owners are not eligible for this option. However, people having low possessions or living with parents or rented property may apply for this option.
Source: articlelib.org
How to Get Fast Approval on Personal Debt Consolidation Loans
If you are homeowner then it is a good opportunity for you to arrange cash. If your home has good equity value then you may apply for home equity loans. Using your home as collateral is a good option to arrange extra cash to meet with your financial requirements. Home equity loans are available at significantly lower interest rate and easy monthly repayment terms. If everything is accordingly then you can pay back the amount in few years and get rid of your debts. Refinancing current mortgage is also other efficient option to arrange cash. If you want consolidation loans to settle your debts then follow these easy tips and fast approval of loan request at significant terms.
Source: all-articles-directory.com
How To Consolidate Bills And Save Money Each Month
Personal loans are a great way to consolidate your monthly bills into one easy to manage payment. A personal loan can help you consolidate all of your bills into one easy to pay bill. Debt consolidation can not only lower your monthly payment each month, but it can also save you a considerable amount of money in the long run. If you have run up several credit cards, debt consolidation with a personal loan can also save you money in interest payments. Instead of paying interest on several different credit cards, you simply pay one payment each month with one low interest rate.
Source: waystoreducedebt.net
Get Long Debt Collection with PFMT
The IPO priced at $9 which was well below the expected range of $12-14. Unlike a Facebook deal this creates the impression of a better value and the fact that the size of the deal was decreased helps as well.?Some may say this is a function of poor demand, but once the stock starts trading the valuation may help generate momentum if traders embrace the name.
Source: ibankcoin.com
Medical Travel Club : Q&A
These services can be availed by the borrowers through the online mode easily. Many service providers are available in the online financial market. They are ready to lower their service charges as well due to the competition. The borrower can compare the offers available to him and then choose the best deals. Bad credit borrowers can also look for loan deals are affordable cost. This will also help him in improving his credit history.
Source: medicaltravelclub.com
Related posts:
- Legislation in New York State Assembly and Senate, if passed, would have allowed Vulture Funds to take advantage of poor countries
- Making Debt Collectors Play by the Rules
- Will Ohio Make It Easier For Debt Collectors Like Arizona Just Did?
- Debt Collectors Settle With The FTC, Say They Won?t Pose As Ed McMahon Anymore
Tags: cbs 11 news, Debt, debt buyer, home, north texans
Source: http://debtreliefmag.com/howto-send-vulture-debt-collectors-packing/
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