If you get too far behind on your bills, you will probably start getting calls, emails, letters, or even texts from your debt collector. But can debt collectors come to your house if you get too far behind on your bills? Federal and state law says yes, debt collectors can legally show up to your … Continue reading Can Debt Collectors Come to Your House?
When your debts are mounting, filing for bankruptcy can provide some relief from creditors. One of the most important protections provided under U.S. bankruptcy law is an automatic stay. While an automatic stay limits what creditors can do, including halting foreclosure and preventing utilities from shutting off services for a time, there are limits to … Continue reading What is an Automatic Stay? →
You may have heard of statute of limitations in reference to civil lawsuits like personal injury lawsuits. But not many people realize that there is a statute of limitations on debt as well, and it varies depending on the state and the type of debt owed. The statute of limitations on debt is basically a … Continue reading Statute of Limitations on Debt in Alabama →
If you’ve ever shopped for a car, a home, or even a new credit card, you may have seen a hard inquiry appear on your credit report. If you have good credit already, this hard inquiry probably won’t bring your credit score down by more than a few points. But if you’ve shopped around for … Continue reading How Long Do Hard Inquiries Stay on Your Credit Report? →