Consumer Debt Collection

Debt collectors possess vast resources when trying to get in touch with consumers who are delinquent in their debts. Even with a significant increase in debtors throughout the pandemic, various paths exist to make contact in an effort to find resolutions to past-due or outright delinquent balances. When the third quarter of 2021 ended, 77.6 million...

Anyone can use a trust to serve a number of financial goals. An individual can draft a trust to help the creator ensure beneficiaries use assets to fund higher levels of education or the management of properties. A creator can make a trust to help reduce their estate’s tax obligations or even avoid one’s financial obligations to creditors. What types of...

There are numerous ways that debtors filing for bankruptcy might abuse the system with fraudulent activity. Hiding assets from creditors is a common scheme since people don't want to give up their property but still want to receive a discharge of their debts. However, it is possible for people to abuse bankruptcy proceedings in other ways. Someone...

An individual owes your business a significant amount of money. Despite having a job, a vehicle and a house, they claim that they simply cannot make payments on what they owe you and default on the debt. Maybe they even try to file for bankruptcy to keep you from suing them or move some of their assets to a different form of ownership. People often try to...

What happens to people after death? No one knows for sure – but one thing is certain: if they are in debt in California at the time of their death, some of their debts will have to be paid. This is because California is a community property state, meaning that a marriage or a registered domestic partnership makes both parties one “community.” This gives...

Companies that extend credit to individuals and those that offer billing after service have been performed will often wonder how they can collect on those debts. While many people who utilize credit to pay for things will take care of those bills, there are some cases in which companies will have to fight for what they’re due. California laws set specific...

When a debtor claims they do cannot pay you what they owe, it is crucial you search far and wide. People who say they do not have money might not have a full bank account, but they may have funds in places they think you cannot touch. One place people believe their money is secure from creditors is a retirement plan. Yet, not all retirement plans are as...

People who owe more money than they can reasonably repay sometimes go to great lengths to avoid taking responsibility for their own debts. Sometimes, they will go as far as to quit their job to avoid wage garnishments or get rid of their own property so that creditors can't claim that property in a civil lawsuit. If you see the signs of someone...

There are many ways to persuade a debtor to pay you the money they owe. Yet, sometimes the only option remaining is to file a lawsuit. If so, you need to know what this entails. First, it is essential to remember a lawsuit will cost you time and money. While you may recover your costs, you cannot recover the time you invest. So make sure the sum owed is...

Judgment and debt collection is an ever-changing field, and new challenges of statute interpretation arise in the courts every day. If you are a creditor in California, you should pay attention to a new lawsuit that has changed the way California courts classify debtor judgments that you can seize in satisfaction of your own lien. The statute in question...