Category Archives: Debt Settlement
What Should I Do If I am Being Contacted Frequently About Credit Card Debt?
Owing a significant amount of credit can bring a lot of added stress to your life. If you are frequently being contacted by debt collectors about that debt, you are likely feeling even more stressed about your financial circumstances. It is important to know that you have rights concerning contact from debt collectors. In… Read More »
What is Charged-Off Credit Card Debt?
Are you currently receiving frequent calls, text messages, and emails from debt collectors attempting to collect past-due credit card debt? If you are in this situation, you are one of thousands of Americans who find themselves in the same circumstances. According to data from Marketplace, last year Americans defaulted on a total of $59… Read More »
Debt Settlement During Retirement
Debt settlement is often a good idea for many Georgia residents. Those who are struggling with significant amounts of debt that they cannot pay off can work out an agreement with a creditor. Through a debt settlement agreement, they can pay a portion of what they owe in order to have the remaining debt… Read More »
Medical Debt and Debt Settlement in Georgia
In Lilburn and throughout the state of Georgia, residents are struggling with medical debt. Georgia Senator Raphael Warnock has long recognized how distressing medical debt can be for Georgia residents. In early January 2025, his office issued a press release about the Consumer Financial Protection Bureau (CFPB) final rule “to remove medical debt from… Read More »
Should I Try to Settle Time-Barred Debt?
If you have debt that is quite old and has already become time-barred, you may be wondering if you should attempt to pay off the debt or to settle it. As you might know, most types of debt in Georgia have a six-year statute of limitations. Once that time window closes, a creditor cannot… Read More »
Secured Versus Unsecured Debts and Debt Settlement
For many Lilburn residents, and for those who reside in Georgia more broadly, debt settlement can be a solution to unmanageable debt. In particular, debt settlement is often a welcome solution to get a fresh start from debt accrued on credit cards or as a result of a medical emergency or ongoing chronic health… Read More »
How Much Credit Card Debt is Enough to Seek Debt Settlement?
Are currently struggling with credit card debt? If you are having trouble making monthly payments and have become delinquent, or you are only able to pay the minimum and have your total debt increasing significantly due to interest, you may be considering debt settlement. Yet you might be wondering if you owe enough in… Read More »
What to Look for in a Debt Validation Letter
Debt collectors call and text frequently in attempts to recover debts owed by Georgia residents, and it is important for anyone in the state to know that they have certain protections related to debt collection practices under the federal Fair Debt Collection Practices Act (FDCPA). One of the protections this law provides has to… Read More »
The Statute of Limitations for Collecting Debt in Georgia
How much time does a debt collector or a creditor in Georgia have to collect on the debt you owe? To answer this question, it is essential to understand what a statute of limitations is and how it works. As long as the clock on the statute of limitations is still “ticking,” then the… Read More »
What is Revived Debt?
Are you struggling to repay debt and considering options like debt settlement or bankruptcy? It is important to know that, after the statute of limitations runs out on a creditor’s ability to collect your debt, you may not have to make a payment. However, there are ways in which you can “revive” a debt… Read More »