Compare Credit Cards

One of the main reasons why so many people seek the fresh financial start offered by either Chapter 7 bankruptcy or Chapter 13 bankruptcy is the automatic relief it provides from overly aggressive and discourteous debt collection agencies.

However, even if a debtor has not yet decided to file for bankruptcy, he or she is still entitled to some basic legal protections. For example, the Fair Debt Collection Practices Act (FDCPA) prohibits debt collection agencies from using abusive, deceptive or even unfair practices to collect debts. Similarly, debt collection agencies are currently subject to certain restrictions when it comes to cell phones.

Specifically, while debt collection agencies can call cell phones to inquire about money owed, they can only do so when they manually enter the number.

Read more…

A common problem Las Vegas residents run into is that their auto loans are way higher than the value of their vehicles. This often comes about because the bank, or in some cases the dealership when it acts as a lender, over-financed the vehicle.

These are regrettable situations, but unlike an underwater mortgage, the bankruptcy code can help people lower their auto payments in a way that’s much more helpful than they can with the house.

There are 2 ways Las Vegas bankruptcy can help reduce your auto loan payments.  Both depend on which chapters of the bankruptcy code you file.

(1)  Redemption in Chapter 7. Most people who file bankruptcy use Chapter 7. It’s considered the straight liquidation chapter. Most

Read more…

Tags: Auto Loan, Las Vegas, Loan

As debit cards lose their shine, credit cards bounce back by Peter Andrew

You probably wont like it, but next month sees the implementation of the Federal Reserves new regulations concerning swipe (also known as interchange) fees. These fees are the cut of each transaction value that a merchant has to pay to your bank or credit card company every time a debit or credit card is swiped in their store. The Feds new rule imposes a cap on the amount that banks get when you use a debit card.

Read more…

Tags: Back, Bounce Back, Cards Bounce, Cards Bounce Back