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Home > Author Archives: Steve Rhode (page 21)

Author Archives: Steve Rhode

Can My Bank Account and Retirement Income Be Seized if I Can’t Pay a Debt?

Mature woman confused

“Dear Steve, I was sued by a law firm in the state I lived in for an unpaid debt. We went to court and there was an agreement for a monthly payment plan. Can the law firm freeze my bank account if I can’t pay the debt? I am on social security and have a civil service retirement. Frank” The ... Read More »

    I Was Scared With Wage Garnishment and Paid Again a Debt I Previous Settled

    angry woman

    “Dear Steve, I used to have various payday loans back in 2009-2010 that I settled through a company but somehow back in April of this year, I received a called from my HR Department to let me know that my salary was about to be garnished by an agency because I had a balance of $600; even though I requested ... Read More »

      Unemployed and No Income. Will Creditors Come After My House? – Chris

      body outline

      “Dear Steve, I lost my job (no advance notice) in June 2007. I was unemployed for 75% of the next 5 years. I worked for 23 months (4-2012 to 3-2014) and again lost my job. I work as a consultant primarily for Caltrans as an Inspector (bridges). In the last 6 months I’ve worked less than 60 hours and am ... Read More »

        CFPB to Credit Card Companies – A Big Finger Wag on Offers

        cfpb

        Today the Consumer Financial Protection Bureau (CFPB) warned credit card companies against deceptively marketing interest-rate promotions. The Bureau is concerned that some companies are luring in consumers with offers of reduced or zero interest for a specific purchase or balances transferred from another credit card, and then hitting them with surprise interest charges. In the bulletin released today, the Bureau ... Read More »

          Why Do I Feel Guilty Using My Credit Cards to Survive?

          Senior couple at home focusing on angry man

          “Dear Steve, In 2008 I was a building contractor in Florida and had all my money invested in Real Estate. With the money I had I keep paying until I just ran out of money. I now live in South America and depend on my credit cards to survive. I rent out my house but is not enough to keep ... Read More »

            U.S. Department of Education Practically Prison Raped Over Student Loan Collections

            NCLC Report

            To say the National Consumer Law Center (NCLC) just took issue with the relationship between the U.S. Department of Education and private debt collectors would be like saying a pedophile Santa at the Mall was no problem. While I believe the U.S. Department of Education wants student debtors to be treated fairly and have access to all of the available ... Read More »

              Four Magic Words to Get Out of a Debt Collector Lawsuit

              angry caller narrow

              What I’m about to offer you can be used for good as well as evil so please use this information responsibly. Additionally, I always urge all of my readers to consult with an attorney licensed in their state for legal advice. I am not a lawyer. But over the decades I’ve been helping people with problem debt there is one ... Read More »

                How Can I Get Sallie Mae to Settle My Student Loan Debt? – Julio

                Drowning swimmer

                “Dear Steve, I have been paying on a $65,000 private student loan for about 4 years I worked out a deal where I pay interest only around $400 a month. None of the money goes to the actual principle. The original loan was for $30,000. Recently Sallie Mae started asking for $700 a month and I can not afford that! ... Read More »

                  Are Debt Collection Companies Hated Too Much?

                  Alone and Lost

                  There is no shortage of reasons to be upset at debt collectors. Some are just assholes. But the problem is not all are. Some debt collectors actually want to help people to find ways to repay their debt. They want to play by the rules and follow the regulations. The bad debt collectors just give the entire industry a bad ... Read More »

                    How Can I Repay My Sallie Mae Student Loans When I’m Broke?

                    time and money

                    “Dear Steve, I have 8 private tuition answer loans from Sallie Mae in the total amount of $138,000 taken out between 2004-2008. After school I was able to make some payments and paid the $150 forbearance fee. Then after the crash of the economy I have not found employment that would give me enough income to cover my living expense, ... Read More »

                      How Can I Get Rid of My Private Student Loans if I’m Disabled? – Wayne

                      Thinking

                      “Dear Steve, I have had Federal and private student loans. I have Total & Permanent Disability discharge of the Federal loans. My private signature loans are with Sallie Mae. I have not been able to work forever. I have defaulted on the loans. I have not paid on the loans since Sept. 2010. The loans have been turned over to ... Read More »

                        Debt Settlement Nightmare Partially Over for Allegro Law Clients

                        upset young man

                        Back in 2009 one of the first debt settlement companies to colossally meltdown was a lawyer run company, Allegro Law. This case involved not only Keith Nelms, Esq. but dragged in groups like Americorp and people like Tim McCallan. A couple of days ago the Trustee in the Allegro Law bankruptcy case had finally cleared all the necessary hurdles and ... Read More »

                          Berges Law Group and Consumer Protection Counsel Still in Suit With a Twist

                          process

                          I got my hands on a copy of a recent court document on a suit by a consumer against Otto Berges, Berges Law Group, Paralegal Staff Support, and Consumer Protection Counsel. The suit out of Wisconsin alleges the companies and entities may have been intertwined in a effort to sell credit repair services. The motion from Judge Griesbach says, “the ... Read More »

                            More Debt Settlement Companies Added to The Scott Law Group List

                            law books

                            The Scott Law Group, who went after a number of debt relief companies over the past few years, has added some new names to their list of current companies they are involved with. They’ve added Consumer Legal Services America, Debt Aid Processing, and National Credit Assistance. – Source The full list of companies can be found here. I can always ... Read More »

                              Debt Relief Companies Doing Telemarketing to Face Higher Fees

                              ftc

                              The Federal Trade Commission is getting ready to announce an increase in fees for companies performing telemarketing under the Telemarketing Sales Rules The cost to access the Do-Not-Call Registry to screen telephone numbers is going to increase to $60 per area code. The maximum fee that can be charged is increasing to $16,228. I can always use your help. If ... Read More »

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