July

Blog Posts in July, 2014

  • Paying credit card debt owed by a deceased loved one

    Residents of Illinois might wonder who pays a deceased consumer's credit card debt. When the consumer is a parent, grandparent or spouse, grief is the usually the first concern of family members, but worry about the decedent's financial ...
  • Small bad debt is still bad debt on a credit report

    As many Illinois residents may know, forgotten debt may pop up on a credit report at the worst possible time. Being alert to this possibility and avoiding it may make getting a mortgage or a car loan easier. In one example, a California woman charged ...
  • Retirement accounts and credit card default

    Some debtors in Illinois may wonder if defaulting on a credit card can affect retirement funds. According to a recent article, a creditor must file and win a lawsuit against the debtor before any accounts held by the debtor could be subject to ...
  • Debt collection companies must prove debt is legitimate

    Some Illinois residents who have lost a parent may face harassment by debt collectors who insist they are responsible for paying bills their parent left behind. While collection agencies may have little or no information about the debt they are ...
  • What rights do Illinois debtors have?

    A woman is refusing to pay a $20 charge that she incurred on her Kohl's credit card in November of 2013 due to claims that the company harassed her about the past due debt. Her attorney alleges that the company violated the Telephone Consumer ...