Titan Asset Purchasing Lawsuits in Arlington General District Court
Titan Asset Purchasing purchases defaulted loans from QuarterSpot, Inc., whose loan agreements contain “choice of venue” clauses providing for litigation in Virginia. QuarterSpot loans also require small business owners to personally guarantee their loans. So when Titan Asset Purchasing sues a business, it also sues the business owner, personally. Choice of venue: Arlington Circuit Court Both […]
How Much of My Paycheck Can a Creditor Garnish?
Sometimes an employee doesn’t even know that a creditor is seeking to garnish until they see a change in their paycheck. At that point, you should seek advice of legal counsel. So how much of my paycheck can a creditor garnish? The garnishment process Before a creditor can garnish your wages, that creditor must obtain […]
What Happens to My Debts When I Die?
When planning a future for your loved ones, you do not want your legacy to include a mountain of debt. Many people are unaware that their debts can continue to haunt those they leave behind. Whoever you select to manage your estate will serve as the “executor,” and that person is responsible for probate, the […]
File Bankruptcy to Stop a Lawsuit
If a creditor sues you on a debt, you should know that you can file bankruptcy to stop a lawsuit. A creditor may sue you for the debt on repossessed car, broken lease, or credit card. Or a former lender may sue you for a deficiency judgment from a foreclosure. An individual plaintiff may claim […]
How to Find Out If You Have a Debt in Collection
If you’re concerned about your credit score, you probably want to know if you have any debts in collections. Having debt in collection can badly harm your credit score. And the damage can multiply if unaddressed. Creditors often report debts to credit agencies but do not seriously attempt collection on the debt. You may believe that […]
Homeowners Association Foreclosure in D.C., Maryland and Virginia
A homeowners association (“HOA”) or condo board in Washington, D.C., Maryland or Virginia has super-priority status over even first mortgage holders. Homeowners association foreclosure in the DMV is subsequently quite common. If you are unable to pay your condo or coop fees, your HOA can and will foreclose against your home. Homeowners association foreclosure procedures […]
Don’t Face Your Debt Alone
Don’t face your debt alone. Hire a lawyer to stand up for you to your creditors. You want a lawyer who understands you and your goals. But also you want a lawyer who understands your creditors and the entire debt collection process. An advocate who will fight for you. Don’t face your debt alone. At […]
Five Ways Debt Can Wreck Your Marriage
Maintaining a good relationship with your spouse requires work. Hard work. Remaining emotionally connected to your spouse while coordinating the logistics of your daily lives involves true commitment, selflessness, and sacrifice. Debt should not come between you and your spouse. Here are five ways debt can wreck your marriage. 1. Keeping Secrets According to a recent survey, as […]
What Does It Mean When a Debt is Charged Off?
Many people experience a feeling of relief when they see on their credit reports that an old debt has been marked as “Charged Off.” Some think that these debts have been forgiven because a creditor has charged off the debt. But what exactly does it mean when a debt is charged off? You Still Owe […]