Many Washington residents who receive Social Security benefits may be wondering whether those financial resources can be spared from collections during a debt relief proceeding. Although it would be great to be able to provide a clear-cut answer, the fact remains that...
Month: May 2014
Hispanic Chamber shutters doors, seeks Chapter 7 protection
The Hispanic Chamber of Commerce in Yakima County, Washington, is filing for bankruptcy and is almost certainly headed for dissolution. The organization is seeking protection under Chapter 7 bankruptcy protections after it lost a major lawsuit. News reports show that...
Can your old accounts come back to haunt you during debt relief?
Have you ever had an old debt that you simply could not pay -- and you forgot about it or just left it alone? A surprising number of Washington residents find themselves in just this situation, with debt that is years old still floating around on their credit report....
Bankruptcy as the ‘nuclear option’ for debt
If you are one of the many Washington residents who is facing a debt judgment, you may be considering bankruptcy as one of your financial options. Experts say that bankruptcy is often referred to as the "nuclear option," which means that it completely wipes out your...
Avoiding debt problems because of shifty landlords
An increasing number of Washington landlords now have access to credit reports, and their actions can do serious harm. When a landlord acts in a malicious manner or sends balances to collections agencies, individuals' credit histories can be severely damaged....
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