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Posts tagged "repayment"

1 in 3 Americans may need debt relief from collections accounts

If you are one of the many Americans who are facing calls from collections agencies, you are not alone. Would you believe that more than one out of every three Americans has a debt or unpaid bill that has been sent to collections? Consumers fall behind on medical costs, credit cards and even student loans or gym memberships, prompting the need for comprehensive debt relief. In too many cases, though, consumers do not receive the financial help they need.

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. In some cases, the debt is so old that creditors do not even attempt to collect since a statute of limitations has passed. However, some people seeking debt relief may find that these unpaid accounts come back to haunt them.

Former Nickelodeon star Drake Bell seeks debt relief

One might think that a child star who earns a high salary might be financially secure for life. However, younger actors who find themselves flush with cash can still end up suffering financial hardships that require debt relief, just like those of us who are not celebrities. A prime example of this situation involves the news that a former Nickelodeon star is seeking bankruptcy protection in connection with his own financial woes.

Debt relief coming for patients duped by CreditCare practices

Wouldn't you trust your doctor to set up a payment plan for your medical bills? Scores of patients throughout Washington and the rest of the nation did, but they faced almost certain financial ruin after accepting terms from the CareCredit initiative provided by many physicians. Now, victims of that scheme may be able to access debt relief money, which will compensate them for the deceptive practices used by the medical loan agency.

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