Author Archives: Jay Butchko
How Long Can Creditors Keep Trying To Collect Old Debts From You?
The worst kinds of collection notices are the ones that do not clearly state when you originally incurred the debt. You should not pay those until you have verified whether you still owe the debt. You may have heard that debts have a statute of limitations, but this does not stop creditors from continuing… Read More »
The Five Types Of Home Mortgage Loans
Qualifying for a home mortgage is a lot of people’s biggest financial goal, especially if you are young enough that you do not intend to retire for several decades. Home mortgage loans are the largest amount of money most of us will ever borrow. The process of working with a loan officer is often… Read More »
Some Medical Debts Will No Longer Appear On Your Credit Report
Although some recent developments provide reasons to be hopeful, America’s medical debt problem is not going away any time soon. Medicaid expansions and the Affordable Care Act have meant that fewer people are uninsured; nine out of every ten adults in the United States have some form of health insurance. The No Surprises Act… Read More »
Appeals Court Rules In Favor Of Victim’s Family In Used Car Fraud Lawsuit
When you buy a used car, the dealer should give you a copy of the vehicle’s Carfax report, which shows its history of sales and collisions. If you later discover that the dealer misled you about the car’s history, either by falsifying the Carfax report or by any other means, you have the right… Read More »
Philadelphia Contractor Faces Criminal Charges For Defrauding At Least 10 Homeowners
Operating a home contracting business, or any kind of business, requires you to have a thick skin about criticism. No matter how good you are at your job, someone will complain about you, and the most disgruntled customers will post negative reviews of you online; some of their complaints will represent just one side… Read More »
How To Make Nuisance Medical Bills Go Away
When you get a bill in the mail that you can’t pay, a lot of people’s instinct is to ignore it, but that only makes things worse; if you do this, then in a few months, collection agencies will be pestering you about the same bill, and there might even be additional late fees… Read More »
Beware Of Risky Home Financing Alternatives
Numerous celebrities who began life as members of the 99 percent have remarked that, when they were living paycheck to paycheck, it took years of effort and strategizing to qualify for a loan to buy something they wanted or needed, but once they were rich, banks went out of their way to lend them… Read More »
What To Do If You Get A Fraudulent Medical Bill
Unaffordable medical bills are a major source of financial stress, collection agency harassment, and bankruptcy filings. Medical bills that you cannot afford, even though you knew for a long time that you needed treatment and tried to budget for it, are bad enough, but it only adds insult to injury if the bill comes… Read More »
Warning Signs Of Shady Dealing At The Used Car Dealership
During times when people are already in the mood to celebrate by spending money on themselves, such as after surviving Thanksgiving with their in-laws and before it is time to start buying Christmas presents for children, used car dealerships like to put up the flashy decorations and lure people in. Behind the twinkling lights… Read More »
The Age Of Social Media Debt Collections Is Here
The thrill of socializing on the Internet has always been marred by unpleasant social interactions. For all the camaraderie offered by text-only bulletin board systems of the 1980s that tied up the phone lies by being accessible only through dial-up connections, there were always a few abrasive characters among the amiably like-minded geeks. Millennials… Read More »
