Debt Resolution

Debt Resolution

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Debt Resolution

Feb 28, 2025

4 min

What is High Yield Debt?

High yield debt, often called "junk" debt in financial markets, is any form of lending that carries higher-than-normal interest rates due to increased risk. While this term originated in corporate finance, it's a reality that...
Man looking at debt and pension
Debt Resolution

Feb 28, 2025

4 min

Can a Pension be Garnished for Credit Card Debt?

One common concern is whether creditors can garnish pension benefits to satisfy outstanding credit card debt. The answer involves various federal and state laws, the type of pension you have, and specific legal protections in...
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Debt Resolution

Feb 20, 2025

5 min

What is Monthly Debt?

Let’s take a closer look at what monthly debt is and ways you can resolve it…...
People Using Laptop and Credit Score Concept on Table
Debt Resolution

Feb 17, 2025

5 min

Can a Debt Collector Affect Your Credit Score?

Understanding how collection accounts affect your credit and knowing your rights can help you manage and minimize their impact. Let’s take a look at the various ways debt collectors can influence your credit score....
Woman at table with calculator, holding phone thinking about calling debt collector
Debt Resolution

Feb 17, 2025

5 min

Should You Call a Debt Collector?

While many people's first instinct is to avoid their calls entirely, there are specific situations where engaging with debt collectors can be beneficial – and others where it's best to proceed with extreme caution....
Legal questions and answers concept
Debt Resolution

Feb 12, 2025

5 min

Do I Need a Lawyer for Debt Collection?

This article will help you make an informed decision about legal representation in debt collection matters....
Woman at table calculating finances and debt
Debt Resolution

Feb 12, 2025

4 min

What is Net Debt?

Unlike simply looking at the total amount you owe, net debt offers a comprehensive snapshot of your true financial position....
Young woman looking worried using mobile phone in kitchen at home
Debt Resolution

Feb 6, 2025

4 min

What to do When You Get Debt Collector Text Messages

While debt collection through text messages is legal, there are strict rules collectors must follow – and specific steps you should take to protect yourself....
Piggy bank on space for text. saving money, crisis. Business or Retirement Savings
Debt Resolution

Feb 6, 2025

6 min

Ways to Save When You’re in Debt

This article offers practical strategies for different groups to save money while managing debt payments, focusing on realistic approaches that can work alongside debt obligations. After all, where there’s a will there’s always a way…...
Woman checking bank account to check for possible wage garnishment
Debt Resolution

Jan 31, 2025

5 min

Can Debt Collectors Garnish Disability Benefits?

Let’s explore your rights and protections regarding the potential garnishment of disability benefits, as well as important steps you can take to protect your income....
Dice with "%" printed on them, on a paper with waves - some dice underwater and some above
Debt Resolution

Jan 31, 2025

5 min

Why Does Higher Credit Utilization Decrease Your Credit Score?

Explore the complex relationship between credit utilization and credit scores, examining why higher utilization rates can significantly damage your creditworthiness....
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Debt Resolution

Jan 29, 2025

4 min

Should You Give a Debt Collector Personal Info?

Let's explore what information you should and shouldn't share, along with the steps to protect yourself when dealing with debt collectors so you can handle these unpleasant situations as efficiently as possible....