General information about consumer fraud, the types of consumer fraud and where to file complaints such as Internet fraud, bank fraud, mail fraud and a list of resources.
When individuals do not pay their bills, the creditor who holds their debt can get a court order to have their wages or property “garnished.” The creditor, with assistance from the court, can compel the debtor’s employer to withhold a portion of the employee debtor’s paycheck to be paid directly to the creditor.
The “Statute of Frauds” (commonly abbreviated as “SOF”) is a rule of law requiring certain kinds of contracts to be written (not oral or “verbal”) and be signed by all parties to an agreement in order to be binding. The types of contracts and rules that comprise of the Statute of Frauds can vary from state to state and within each jurisdiction. In the United States, there are some general principles which will be covered by this article.
This article provides information about how you can successfully challenge the foreclosure process on your home and also lists several governmental assistance programs that may provide aid and help you stave off foreclosure. You may be surprised by the number of remedies that currently may be available to you.
People frequently believe that winning a small claims court judgment means that they will automatically collect their money from the person that lost the case. Unfortunately, the court may rule in your favor but the collection of small claims judgments is an entirely different matter called “execution” on a judgment.
This article will help you understand the basics of bankruptcy laws in the United States, including Chapter 7, Chapter 11 and Chapter 13. Bankruptcy laws allow a debtor to work with their creditor while undergoing a supervised division of the debtor’s assets by the court. This allows both parties to be treated equally. There are [...]
This article will help you understand the foreclosure process and the steps you can take to help avoid it from happening to you. Foreclosure is a legal process that your mortgage lender initiates in order to repossess or take back ownership and control of your home. This will occur if you are having trouble keeping current with your mortgage payments. Chances are that you will receive letters and/or threatening calls from your lender before this occurs. Once your lender forecloses on your home, you must “vacate” or leave the premises. The lender will then attempt to sell the house and, if it is worth less than what your remaining mortgage balance is, you could still end up owing the balance if they seek a “deficiency judgment”. Once this happens, your credit rating will be seriously reduced and you will have trouble obtaining credit in the future.
