Creditors’ Rights

When creditors are owed money, they have a right to get this money back. However, they cannot do anything necessary to gain back what they are owed. This is because there are laws in place that protect debtors.Debtors are protected by creditor harassment laws. This...

If you've fallen behind on your mortgage, then you may have heard your lender tell you that a forced sale is impending. You may wonder what exactly that entails.A forced sale is another name for a foreclosure sale. It's a process whereby your lender seeks to have you...

If you purchase something using a store credit card or receive services that you don't pay for, then it's likely that the Washington company that you did business with will call you or send you invoices in the mail to try to get you to pay up. If you don't bring your...

Being in debt can be an extremely stressful position to be in, and for many, it can lead to a vicious cycle. This vicious cycle is perpetuated by fines and interest that is accumulated over time. Many debtors also experience harassment from creditors, which can make...

If you are a business owner who has not been paid after providing a service or commodity to a customer, your cash flow may be suffering as a result, and you will want to gain back the money that you are owed. As a creditor, you have several options available to...

If you are struggling to manage your unpaid debts, you likely feel stressed every time you open your mailbox and every time you get a call. Owing money to creditors can be a terrible feeling because you can feel tremendous guilt and anxiety, but you also probably feel...

Being subject to wage garnishment can be very demotivating. It's likely that you will feel that you are no longer in control of your life and your finances because you work hard only to have a portion of your wages taken away from you before you receive them.Luckily,...

Unfortunately, unpaid debts are becoming extremely common, especially when businesses do not require immediate payment for a service that they provide. If you are a debtor who is facing a threat of wage garnishment from creditors, it is important to understand the...

As a creditor, it can be very frustrating to experience missed payments from a customer. It can take a significant amount of time to chase debtors for the money owed, and this can create additional costs for your business.How you can move forward to collect the debts...

If you are owed payment by a client, it is likely that your cash flow has suffered as a result of this. Depending on the amount owed, this could be a very stressful situation, and it can be made even worse if you learn that the debtor has filed for bankruptcy.It is...