Posted by Goody on 06/5/08 in Finance
The first step to managing your debt is the knowledge of what you have and what you don’t.
You may not even be aware that negotiation, for example could be a solution to your debt problems
The first step to managing your debt is the knowledge of what you have and what you dont.
You may not even be aware that negotiation, for example could be a solution to your , so that you have only one creditor. Having only one creditor reduces the interest you pay and is less stressful than paying several creditors. When seeking a consolidation loan you should avoid debt management companies. These companies are notorious for exploiting debtors with their high fees. Another option is filing for bankruptcy.
Share This
tag this | permalink | trackback url | comments(0)
Posted by Goody on 03/29/08 in Legal and Law
Getting a judgment is one thing; collecting it is another. Creditors often are concerned about the ability to recover money from debtors that may have sufficient assets at the outset of a dispute but may squander those assets over the course of litigation. There are a few remedies under Indiana law that address this very legitimate concern. In a decision by Judge David F. Hamilton on March 20, 2007, another remedy, albeit one with virtually zero applicability to most commercial collection cases, is discussed - prejudgment injunctive relief. The lesson J&J Wehner, Inc. v. H&L Plating & Grinding, Inc., 2007 U.S. Dist. LEXIS 24366 (S.D. Ind.) teaches us is that, unlike prejudgment attachment and garnishment, injunctive relief usually is not the answer.
This is a preview of
Nuclear Weapon Of The Law Unavailable To Creditor In Recent Case
.
Read the full post (884 words, estimated 3:32 mins reading time)Share This
tag this | permalink | trackback url | comments(0)
