Category: Debt Relief

When you co-sign a loan, you assume the financial responsibility of the cosigner if the primary borrower does not repay. This can impact your credit score and financial standing. Understanding your responsibilities, including the responsibility of cosigner, and potential risks as a co-signer is crucial. In this article, we’ll explore what it means to be a co-signer, the legal and financial implications, and steps you can take to protect yourself. Key Takeaways Co-signing a loan involves legal responsibility for repayment, emphasizing the need for thorough assessment of personal financial health before agreement. The distinction between co-signers and co-borrowers is crucial;… Read More

A debt collector has served you with a complaint for non-payment of debt. Before you were served, you tried to negotiate, but to no avail. What should you do now? Depending on the situation, here are some possibilities to defend against a debt collection lawsuit in Florida. Failing to respond can lead to severe consequences, including garnishment of wages and levies on your bank account by creditors to recover owed debts. 1. Understanding Your Rights As a consumer, it’s essential to understand your rights when dealing with debt collectors. The Fair Debt Collection Practices Act (FDCPA) is a federal law… Read More

Are constant calls from debt collectors stressing you out? The Fair Debt Collection Practices Act (FDCPA) allows you to send a “cease and desist” letter to stop these contacts legally. In this article, you’ll learn how to use your rights under the FDCPA to put an end to debt collector harassment and understand what to expect in the process. Key Takeaways The Fair Debt Collection Practices Act (FDCPA) provides essential protections for consumers against abusive debt collection practices and allows them to take legal action if their rights are violated. A cease and desist letter can be used to formally… Read More

Have you been getting debt collection letters and phone calls from an organization you don’t recognize? Chances are your debt may have been sold to a junk debt buyer. There was a time when a company might just give up on collecting debts, particularly small ones, if they couldn’t collect them easily. These days, if a company cannot collect a debt, they often just sell it to a junk debt buyer for pennies on the dollar. At some point, many companies today would like to get a little money rather than expend resources pursuing a hard-to-collect debt. As an added… Read More

In our recent blog post, What to Expect if You Face Wage Garnishment in Florida, we discussed the basics of wage garnishment in Florida. It included a discussion of how much of your wages can be withheld and sent to your creditors. You have a lot more options to deal with your creditors before they start garnishing your wages than if you wait. However, if that’s water under the bridge, and you are at the point where your wages are being garnished, you still have some limited options. Let’s explore the specifics of Florida wage garnishment law, the possibilities to… Read More

At the Ziegler Diamond Law: Debt Fighters, we understand how people feel when they are in debt. It can be overwhelming, and seem hopeless. There is help for debt collection harassment in St Petersburg. Consumer protections are in place to ensure that individuals are treated fairly and respectfully by debt collectors. Perhaps this is why so many people do not address the inappropriate and sometimes illegal behavior of debt collectors. Just because you are in debt does not mean you do not have rights. Understanding Debt Collection Harassment Debt collection harassment is a serious issue that affects many individuals who… Read More

If you’re accused of murder, you know you need to hire an attorney. But what if you just owe debts you can’t pay? When should you handle it yourself, and when do you need a Florida debt collection defense attorney? When you are already overwhelmed with debt, you may hesitate to get legal help, because you are afraid of just adding to your debt. However, understanding consumer law is crucial for navigating debt collection issues and protecting yourself from unfair practices. In many situations, a lawyer can save you money and give you a lifeline to getting your life back… Read More

In Florida, a default judgment is a court ruling against someone who doesn’t respond to a lawsuit. It results in automatic legal consequences and can deeply affect the non-responding party. This article explains how default judgments work, how they are obtained, and their potential impacts. Key Takeaways A Florida default judgment is a court order issued against a party that fails to respond to a lawsuit, granting the plaintiff relief without requiring a full trial. The process for obtaining a default judgment involves filing for default, requesting a judgment before a judge, and ensuring proper service of legal documents. Default… Read More

Struggling with debt? A debtor attorney can provide the legal expertise you need. In this article, we will cover what debtor attorneys do, how they can help you organize your debts, protect your assets, and develop strategies for financial recovery. Key Takeaways Debtor attorneys provide essential advocacy and legal support for individuals and businesses facing financial challenges, helping them navigate debt repayment and bankruptcy processes while retaining valuable assets. Assessing debtor’s assets is crucial for developing effective repayment plans and negotiating favorable arrangements with creditors, ensuring clients can minimize asset loss during bankruptcy proceedings. Choosing an experienced law firm is… Read More

Debt, or at least liability to pay it off, does not necessarily last forever. In Florida, for everything except debt involving real estate, the statute of limitation for debt is generally five years for debts with a written contract. Credit card debt for example has a five-year Florida debt statute of limitations. So does medical debt. That means that after five years, if certain things do not happen to keep a debt alive, a creditor may no longer sue you for payment. The Florida statute of limitations for debt is shorter than that of many other states, where you may… Read More