Category Archives: Debt Settlement
Will Settling My Debt Prevent Texts and Emails from Debt Collectors?
Debtors in Georgia who have past due debt often deal with frequent contact from debt collectors. Calls from debt collectors have been common for decades. Yet in more recent years, debt collectors have begun using other forms of electronic communication to make contact. For example, debtors now often receive text messages and emails from… Read More »
Are Student Loans Eligible for Debt Settlement?
Georgia residents in Lilburn and across the state are struggling with student loan debt. Borrowers are grappling with both private and federal student loans, and as the future of the Biden-era SAVE program remains up in the air, borrowers are also dealing with substantial anxiety about whether they will be able to afford student… Read More »
High Credit Card Balances and Debt Settlement
In an ideal financial world for consumers, everyone would pay the full amount of debt they had charged during the previous cycle on their credit cards. Yet this is not how things generally work in practice, and it is not how credit card companies make money from consumers. According to Bankrate, nearly half of… Read More »
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 »