Washington residents should take heart that the nation's economy appears to be getting stronger. But there is a caveat -- with the burgeoning economy, Americans credit card debt also is swelling.
Debt collectors may use email in some instances in Washington
For things like working with a debt collector in Washington, using email is often far more convenient than talking on the phone. For one thing, it allows you to communicate back and forth whenever you want, rather than having to step away from work or dinner to answer the phone.
Struggling with debt? Our law firm can help you
Some Washington residents who are facing extreme financial problems can seek relief through filing for bankruptcy. Often a foreclosure can be halted and the family home saved. However, even when that is no longer a realistic possibility, filing for consumer bankruptcy can eliminate the possibility of creditors pursuing collection efforts after a property is lost to foreclosure.
Avoiding bankruptcy might not be a wise choice
Nearly a decade after the bankruptcy laws were reformed in 2005, the Federal Reserve Bank of New York released its report on consumer bankruptcy under the more stringent rules.
