Image by Gerd Altmann from Pixabay Previously, we wrote about common credit reporting questions and answers and noted that errors can occur. Obtaining your credit report once per year is free, and your score determines how easy or difficult it can be for you to work with lenders. Credit reports contain personal identification information, financial accounts, public records, and the…Read More
Many people experiencing financial hardship have trouble seeing a light at the end of the tunnel. Is it possible to simply wait it out? Will agencies and creditors eventually stop making debt collection calls? To help you understand this situation, our team at Bach Law Offices, Inc. has compiled the following FAQs about time-barred debt. If you still have questions…Read More
Image by Olga Lionart from Pixabay It’s hard to keep up with the latest on COVID-19 and the deluge of new and changing government assistance programs. We hear the curve is flattening in California but rising in New York. One day there’s billions of dollars available in business loans, and by the end of the week, it’s gone, only to…Read More
At Bach Law Offices, Inc., we understand how stressful it can be when you are juggling debts and being harassed by creditors for payments you can’t quite make yet. If you are in this situation and feel like it is spiraling out of your control, then you need to uphold your rights as a consumer and fight back to put an end…Read More
If your credit score is suffering, chances are you are trying to figure out ways to fix it and, in your search, you might have come across credit repair clinics that claim to be able to accomplish this, allowing you to qualify for a loan or to get a credit card. Unfortunately, in this case, what sounds too good to…Read More
According to the Federal Trade Commission (FTC), about 5% of consumers have errors on their credit reports and 26% of people involved in the study had an error that might potentially impact their ability to get a better interest rate. This can be easily rectified with a little more proactive behavior, such as checking your credit report once a year.…Read More
Being in debt is a frustrating experience on its own, but when you throw in the constant harassment of creditors, it can make a bad situation even worse. In many cases, people quietly put up with creditor harassment and assume they are helpless against it. The fact is that there are some things you can do to reduce the calls…Read More
If you are behind on your bills, there’s a good chance that you may receive phone calls from creditors who hope to collect payments. While they may do everything they can to get you to pay, the Fair Debt Collections Practices Act (FDCPA) prohibits them from using deceptive, unfair, or misleading practices when attempting to collect a debt. Debt collectors…Read More
Your credit affects where you live, how much you pay, what you drive, your job search, and your ability to start a business. A bad credit score could mean higher mortgage payments, job denials, and limited options—which is why you should check your credit score every year. Unfortunately, you may not always get what you’re looking for. According to a…Read More
