You may owe a debt to creditors. Some of it you have paid off, but the majority you're working hard to eradicate. Unfortunately, there are times when creditors might ask you to pay off more money than you recognize. That's a sign they are resorting to deceptive...
There could be hundreds of reasons why people end up in debt. It could be for education, housing, medical needs, emergencies or simply to get by daily. Sometimes, your small debts can accumulate over time, and without you knowing, you are already in a debt spiral. A...
Many Americans living in Illinois have medical debt that they struggle to repay. In many cases, outstanding debt balances are reported to credit bureaus, which can wreak havoc with their credit scores and creditworthiness. However, the Consumer Financial Protection...
Are you an Illinois resident constantly getting phone calls from debt collectors? Debt collectors are allowed to call in an attempt to collect a debt. However, there are some practices that debt collectors are supposed to avoid. Learning more about the legalities of...
Residents of Illinois might be targeted for consumer fraud. Whenever you click on a link, visit a website or leave a computer unattended, you could be giving unscrupulous individuals access to your personal information. However, there are ways that you can protect...
Illinois lawmakers designed consumer protection laws to provide a framework for businesses, consumers and the government to ensure maintenance of fair practices. These laws establish several consumer rights. Fraudulent and deceptive practices in Illinois The Illinois...
There are few things that illicit more dread for Illinois residents than dealing with debt collectors. Whether you receive a phone call or a letter from a debt collection agency, the feelings of stress are often overwhelming. While debt collectors are persistent,...
People in Illinois have debt for many reasons, including consumer purchases, medical debt and other obligations. Sometimes, the borrower could fall behind on payments, leading to collection actions. The laws guide how debt collectors may operate. Understanding the...
No one enjoys getting phone calls from debt collectors. Unfortunately for many people in Illinois, those anxiety-inducing calls are a regular part of their weekly routine. While debt collectors must follow certain laws, there are certain tips that you should remember...
People who file for bankruptcy in Illinois and around the country do not have to worry about creditor harassment because court orders that prohibit such activities are issued when Chapter 7 and Chapter 13 personal bankruptcy petitions are filed. Consumers who do not...