Consumers have protections from their creditors, but consumers also have liability to their creditors. Knowing your rights and obligations is the best way to make informed decisions.

Arizona Legislature and “Strikers”

STRIKER ALERT – HB 2158: TAX SETTLEMENT; NATIVE AMERICAN VETERANS (TAX LIEN FORECLOSURES; SUBDIVISIONS; EXEMPTION) Unexpended and unencumbered monies remaining in the Veterans’ Income Tax Settlement Fund (which was established as part of the FY2016-17 budget) revert to the general fund on June 30, 2021, instead of June 30, 2019. The Department of Veterans’ Services […]

Debt Makes You Stupid

Ever wonder why you make really stupid decisions, especially when you are overwhelmed, worried or distracted? Perhaps you are focused on one task, like dealing with a difficult child or employee, and you completely miss a really important appointment or buy something you did not want.

What is Debt Settlement?

Reprint from Consumer Affairs Desperate consumers enter into these agreements without fully understanding how they work. Generally, debt relief or debt settlement companies offer a service to debt-burdened consumers to intervene with creditors–in most cases credit card companies–and secure a lower payoff amount. Often, desperate consumers enter into these agreements without fully understanding how they […]

Freedom Debt Relief Pays $25 Million for Violating Federal Law

UPDATE: July 9, 2019 Freedom Debt Relief agrees to pay $20 million in restitution and $5 million in civil penalty to settle the claims for deception, abusive actions, misrepresentation, failure to disclose.

Fake Invoices and Unordered Items

Do you receive random e-mail messages stating that an invoice is due with the invoice as a Word or Adobe document attachment? I’ve gotten at least three over this year. I know these are scams, but I would like to know that I’m not the only one being targeted.

Lose Your Tax refunds in Arizona

By Russ Wiles, Arizona Republic, 2/25/19 (reprint) For many Americans, income tax refunds are the largest single chunk of money they receive all year. Imagine losing most or all of it to a debt collector or in a bankruptcy proceeding.

Why Did the Creditor Take My Tax Refund – Arizona Law

(WARNING: The following is Arizona specific) Most people do not understand that if a creditor sues and obtains a judgment they can take the money in your bank accounts, including tax refunds.  The only protection money that is exempt.   I know this does not sound fair – especially when the creditor is taking your child […]

Navient & FedLoan Mismanagement of Student Loans

Navient, FedLoan and other student loan servicers “outrageous mismanagement” February 12, 2019 – An audit report released by the Education Department Office of Inspector General described the outrageous mismanagement of federal student loan servicers, like Navient and FedLoan,

Do I Have to Pay a Judgment Before Selling My Home?

The answer is probably ‘no’, but depends on certain facts.  It depends on the law of the state where the judgment debtor lives.  It also depends on the type of assets the judgment debtor has – exempt versus non-exempt.

Wells Fargo Rips Off Students

Washington, DC – re-posted from Senator Warren’s office (1/17/19) – A report by the Consumer Financial Protection Bureau (CFPB) prepared in February of 2018, but only recently released through a Freedom of Information Act request (Trump trying to slow down consumer access to information), reveals that the fees charged to college students by Wells Fargo for debit […]