California Residents Getting Sued Over Credit Card Collections Bills

California Residents Getting Sued Over Credit Card Collections Bills

Pacific Debt, Inc. is not a law firm and this article should not be construed as legal advice. Only a licensed attorney in your state is able to provide legal advice. California Residents Getting Sued Over Credit Card Collections Bills From 2015 to 2019 the number of California residents being sued over credit card collection bills has more than doubled, going from 9,510 cases to 24,453 cases. And that number probably will not go down any time in the near future. Thanks to the economic hardships created by the Covid-19 epidemic, more Californians can expect a legal summons for their […]

Do you get out of all debts if you declare bankruptcy?

Do you get out of all debts if you declare bankruptcy?

Disclaimer – We are not lawyers and we are not giving legal advice. These are merely some bankruptcy options and information. Consult an attorney who specializes in bankruptcy law BEFORE you do anything. Do You Get Out of All Debts If You Declare Bankruptcy? Bankruptcy gets tossed around like a get-out-of-jail-free card. Many people think that bankruptcy is the answer to any financial difficulty and it is an easy out. In reality, bankruptcy is expensive, complicated, and may not erase all or even most of your debts. You’ll also affect your credit rating and history usually for up to ten […]

How to deal with debt collectors when you can't pay

How to Deal With Debt Collectors When You Can’t Pay

If one of your debts has gone to collections, you will hear all sorts of things from the person on the other end of phone call. Not everything they are telling you is true. Here is what happens if you don’t pay a collection agency and some of your options to end the constant calls. Find out how to deal with debt collectors when you can’t pay them. Ending Up at Debt Collection If you can’t pay debt collector payments for the last three to six months, the creditor may sell your debt to a collection agency. At that point, […]

Should you file bankruptcy because you cant pay your credit card bills?

Should You File Bankruptcy Because You Can’t Pay Your Credit Card Bills?

Americans collectively have $1 trillion in revolving debt balances – most of that is credit card debt. If you are one of the millions of Americans with credit card debt, know that you are not alone. It might not help, but misery does love company! If you are having trouble paying your credit card bills, you are probably looking for a solution. Bankruptcy might seem like a great option. You might get your debt wiped out and be able to start over again. Before you decide on bankruptcy, check out your options very carefully. Bankruptcy has some serious consequences. Is […]

Financially Stable Couples How to Manage Marriage and Finances

Financially Stable Couples: How to Manage Marriage and Finances

Few things are as painful or frightening to a child as parents fighting. And few things are more destructive to marriages as financial troubles. According to Ramsey Solutions, the only thing that causes divorce more than money is infidelity. So, how do you resolve the issue between marriage and finance? The obvious answer is to establish financial goals and live frugally. But, sometimes, the obvious answer isn’t the cure-all. No doubt financial wellness will ease the strain on marriages, but financial wellness doesn’t guarantee happy marriages. And sometimes, the strain on your marriage goes deeper than money itself. Luckily, there […]

What is Bankruptcy featured image

Top 10 Most Common Bankruptcy Questions

Below is a list of the Top 10 Most Common Bankruptcy Questions. Please take the time to read through it as you may find it useful. DISCLAIMER: We are not lawyers and are not giving legal advice. Before filing bankruptcy, talk to a lawyer in your location. 1) Does Bankruptcy Clear Debt? In general, bankruptcy clears out most unsecured debt. Unsecured means the loan is not backed up by a guarantor or asset. Unsecured debt can include medical bills, overdue utility payments, credit cards, personal loans, and certain contracts, like gym memberships. Secured debt includes purchases on a secured credit […]

5 ways to get debt relief from credit cards

5 Ways to Get Debt Relief from Credit Cards

Credit card debt is a problem for many Americans. For many people keeping up with monthly credit card payments is increasingly difficult. Causes vary. An illness, job loss, low income, or poor spending habits may be at the root. Spending more than you earn is very easy to do, especially with the convenience of a credit card. If you cannot make your monthly credit card payments, act immediately! It’s easy to get caught up in increasing debt. You may not be able to break free without the help of a debt relief professional. What types of debt relief help are […]

Debt Settlement vs Bankruptcy

Debt Settlement vs Bankruptcy Weighing The Pros and Cons One of the most common things we hear from consumers is that they want to look into a debt settlement plan so they can avoid filing for bankruptcy. In many cases, a debt settlement strategy can be a great way to avoid bankruptcy. Sometimes, however, bankruptcy might actually be the best option. When looking for the best way out of debt it is important to compare Debt Settlement vs Bankruptcy and go with the solution that makes the most sense for your specific financial situation. Since all consumer situations are unique […]

Free Consultation
close slider

See How Much You Can Save

Start saving today! Get a personalized plan from Pacific Debt, the leader in debt relief with an A+ Rating from the BBB.

How much debt do you have?

Click to estimate

See Savings

100% free savings estimate and will not affect your credit