It is the holiday season. And as I told you a few weeks ago, debt collectors would be willing to settle cases. As it turns out, I was wrong – they really want to settle cases. Recently, I had two…
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When to file a homeowners claim
Houselogic.com has a new article on when to file a homeowners claim. Regular readers of my blog will not find anything new on this, but there is some information worth passing on: 1. Read your policy carefully, then get repair…
California Debt Blog: Break the Payday Loan Cycle
I have had a few people calling me lately with the same issue: they took out a payday loan and they did not pay it back. Now, they are being harassed by a debt collector and they want to take…
California Debt Blog: California Debt Collector Settles Class Action
A California debt collector has settled a lawsuit brought by a Pittsburgh, PA attorney for violation of debt collection laws. The settlement: $2.5 million. According to the Associated Press: “The company sent out letters as recently as last winter purporting…
Don’t Settle Cheap This Holiday Season
As a former adjuster, I used to look forward to this time of year. Sure, the holidays are great. I got more time off and could spend time with my family. The vendors brought in tons of great treats for…
California Debt Blog: Holiday Gift to Yourself: Settle Your Debt
It is that time of year – the holiday season. You want to go out and buy presents. You want to spend your money. And trust me – most businesses want you to as well to get the economy going….
California Debt Blog: FTC Proposes New Rules for Debt Settlement
The Federal Trade Commission has proposed new rules for debt settlement companies. (Thanks to my friend, Dallas personal injury attorney Robert Kraft for sharing this.) Among the rules being proposed: 1. New fee can be collected until the services are…
California Debt Blog: North Carolina Protects Consumers
Effective October 1, 2009, North Carolina consumers have additional protection from debt collectors. Debt collectors in North Carolina are required to produce documents showing that they are the ones who are owed the money. Why is this important? Most credit…
California Debt Blog: Bad credit mistakes
Yahoo Finance and Creditcards.com have a story on how bad your credit mistakes are. Here is their list of how bad things are on a scale of 1 to 10: 1. Using a card in a pinch: 2 2. Paying…
FAQ: What is a gap in treatment?
Q: I was injured in a car accident. I went to the doctor and am trying to settle my case. The adjuster says there is a gap in treatment. What is this? A: When you are involved in an auto…