5 Terms for the Day

Abandonment: Situation in which homeowner leaves house with no intention to return.

Abstract Of Judgment: Summary of a judgment in a lawsuit; includes who won, who

lost, amount owed, the court making the decisions, date of judgment, and winning

attorney. Once recorded (filed with court clerk or recorder), it creates a general lien on

judgment debtor’s property that’s usually [...]

Statute of Limitations on your Credit Card Debt

What is the statute of limitations (SOL) on credit card debt?

Creditors and debt collectors have a limited time to you for nonpayment of credit card bills. That time limit is set by a state statute of limitations. Below is a list by-state of SOL’s.  

That is NOT to say that the collection agencies do not [...]

Credit Card Debt Settlement

In “The Credit Card Cure” Ryan answers dozens of frequently asked questions from forum members. This one is #1 in frequency:

Q. Can I settle with my lenders myself or should I hire someone to do it for me?

A. You can do it yourself – and you should. First of all, you are the one with [...]

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