Can You File Bankruptcy on Student Loans?
The United States Supreme Court ruled against President Joe Biden’s attempts to instate federal student loan forgiveness on June 30, 2023. Many college graduates spent months hoping for relief from their debt. However, following the Supreme Court ruling there...
How Will Debt Consolidation Programs Impact Your Credit Score?
What happens when you enter into a debt consolidation program? Debt consolidation companies often promise to consolidate your debts and negotiate settlements with your creditors. These companies frequently advise people to stop paying their debts and to make monthly...
Debt Consolidation Programs: Do they actually stop creditors from coming after you?
What is a debt consolidation program? There are many companies who promise to consolidate a person’s debts and negotiate settlements with creditors through a debt consolidation program. Often, the agreement with the debt consolidation company involves an individual...
Warrant in Debt: Understanding the Meaning and How to Resolve It
What is a Warrant in Debt? Under Virginia law, a creditor can take you to court to collect money that is owed. Generally, the document a creditor will file with the court is a warrant in debt. Creditors do this to collect unpaid debts. This lawsuit is a civil case...
What You Need to Know About How Unpaid Debts Can Affect Your Home
Can an unpaid debt impact my house? Yes. Under Virginia laws, an unpaid debt, such as a medical bill, credit card debt, or a balance owed for an old car, can become attached to your home. If a creditor gets a judgment against you for money owed, the debt can become a...