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Fraudulent Scheme Involves Utah Bankruptcy Court »

An alert for a fraudulent scheme has been posted by the Administrative Office of the U.S. Courts. Several Spanish speaking individuals were contacted by telephone by someone who claimed that there was money owed to pay the debt of another person. The potential victims were informed that there would be a court hearing, [...]

Creditors Try To Collect Debt Discharged By Bankruptcy »

The goal of filing for bankruptcy is to discharge debts that the debtor can’t pay back.  After bankruptcy is filed, creditors can’t try to collect the discharged debt.s  Bankruptcy may be filed as either a Chapter 7 bankruptcy case or Chapter 13, but both discharge debts. 
There are debts that simply aren’t discharged in bankruptcy, [...]

IRS Warns Of New Credit Scam Via Phishing Email »

The IRS is warning people of a refund scam that comes in an email that provides links to apply for a tax refund. Refunds are applied for within tax returns, not by a separate application.
Like banks and credit card companies, the IRS will never email anyone and ask for personal information about your social [...]

Voluntary Repossession Is Still A Repossession »

A repossession of any type is still a repossession, even if you turn in your car voluntarily. People sometimes believe, perhaps at the encouragement of the auto lender, that if they turn in their cars that things will be better for them.
Be clear: whether a car is repossessed in the middle of the [...]

Credit Financing: Buy Now Pay Later (Superbowl Edition) »

Financing purchases on credit cards can lead to financial ruin, but some deals are worse than others. “Buy Now - Pay Later” takes on a whole new meaning when it comes to disguised sales from a rent to own company. A sense of urgency can cause people to make some bad decisions, and [...]