When you open a credit card or loan account, you sign a legally binding contract. By signing, you promise to pay back the borrowed funds under specific terms. If you miss payments, you break that agreement, granting the creditor a legal right to contact you to collect. Most people do not fall behind on purpose…. Read more »
Tag: credit card debt
Stop a Summons Before it Starts!
I get calls every month from people who say they are surprised that they have received a summons!