Blog Posts in October, 2013

Debt, Divorce and Bankruptcy in Florida

Divorce and debt can be a double whammy. It's not only the fact that the stress of money problems is a frequent cause of divorce. That is indeed a major problem. But the issue goes beyond the cause of the divorce to the way that debts get divided up when divorce does occur - and how credit card companies and mortgage lenders respond to that division. This article examines some of the debt relief ...

Automated Debt-Collection Lawsuits Engulf Courts

As millions of Americans have fallen behind on paying their bills, debt collection law firms have been clogging courtrooms with lawsuits seeking repayment. Few have been as prolific as Cohen & Slamowitz, a Woodbury, N.Y., firm that has specialized in debt collection for nearly two decades. The firm has been filing roughly 80,000 lawsuits a year. Click here to read full article

New Federal Law Protects Government Benefit Payments From Garnishment

Federal law has long prohibited creditors from garnishing Social Security, disability and veteran benefits, as well as other payments to disabled and low-income individuals. Unfortunately, banks have not always been careful about making sure frozen bank accounts contained no protected funds. Because Social Security and other benefit payments are often mingled with other funds in personal bank ...