Helbing Law Office LLC
Experienced Appleton Bankruptcy Lawyer

920-659-5606
- Free Initial Consultation

Debt Relief Archives

Get your finances under control before they get worse

We recently discussed some of the tips you might use when you are battling high credit card bills. One thing that many people don't realize is that there are times when offers that you receive might be too good to be true. Trying to use one of these means that you are going to be scammed out of your hard-earned money.

You have options for handling mounting credit card bills

Have you ever sat down with your credit card bills and added up what you have due for minimum payments each month? This is often a troubling realization, especially if you have multiple cards. There are ways that you might be able to handle this situation if you find that you aren't able to keep up with the minimum amounts due.

Millennials are postponing major life milestones because of debt

According to a new survey by NBC News and GenForward, about 75 percent of American millennials (those between 18 and 34 years old) have some sort of debt. Further, many are postponing major life events like buying a home, getting married and having children because of it.

Debt collector harrassment complaints continue

Debt collection is not illegal, but some of the methods used by debt collectors are. According the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB), in 2017, consumer complaints about debt collectors were in the thousands; CFPB took about 85,000 complaints alone. Investigations into the complaints revealed numerous violations of the Fair Debt Collections Practices Act (FDCPA).

How to get out of debt

If you are suffering from debt overload, you know what it is like to have creditors calling all hours of the day and night. How many times can you tell them you don't have the money, and then sit and listen to a lecture on how serious the situation is? Creditors are trained to be aggressive and somehow convince you into coming up with the money or pledging a promise to pay. Seldom do they take your personal situation into account.

Swimming in medical debt?

Are you swimming in medical debt? If you do not have insurance and need any kind of medical treatment, this can quickly become the case. Even if you do have insurance, there are some services that are often billed separately, such as bills from the anesthesiologist, surgeon or a radiologist. You may receive these bills instead of your insurance company, and they may or may not be covered.

Debt-reduction calls via robocalls

Did you know that the National Do Not Call Registry contains more than 229 million phone numbers, and more than 7.1 million complaints to the Federal Trade Commission were received from November 2016 to October 2017? The majority of calls: marketing calls for debt reduction, warranty plans, and vacation and timeshare plans.

Will bankruptcy get rid of my Federal student loan debt?

According to State Senator, Jennifer Shilling, Wisconsin, comes in at 10th place across the country for the number of debt-ridden college students. An estimated 67 percent of residents who have graduated from four-year colleges have student loans to pay off. Further, student loans currently hold second place in the nation as the largest consumer debt.