Top 5 Worst Debt Collection Defenses
Good debt collection defenses flow from the specific circumstances of the debt. Bad debt collection defenses merely delay the lawsuit without changing its outcome. And the worst debt collection defenses are irrelevant, waste the court’s time, and possibly add costs and fees to your balance. Here are the Top 5 Worst Debt Collection Defenses. I Can’t Afford to […]
Wiping Out Parking Tickets in Bankruptcy
You can discharge only very old parking tickets in bankruptcy, after they have been sent to a third-party debt collector. Otherwise, parking tickets pass through the Chapter 7 bankruptcy discharge because they are debts owed to a “governmental unit.” Parking Tickets in Bankruptcy Unfortunately, in most cases parking tickets cannot be discharged in Chapter 7 […]
Are We All Just Jealous of the 1 Percent?
Wealth Inequality The Walton family owns Walmart. They also own more wealth than 40 percent of all Americans. The 400 wealthiest people in the nation own more wealth than 61 percent of the country combined, or about 194 million people. Do we envy their wealth? Income Inequality The top 1 percent of Americans makes on average 25 times […]