Credit counseling agencies are frequently nonprofit organizations that, for a small fee, will work with you on creating a solid plan to get your financial house in order. You should only deal with an agency that is accredited by the Council on Accreditation (COA). Your local office of consumer protection can advise you if any negative reports have been made against a counseling agency in your area. These
agencies frequently can work with your creditors to arrange payment plans etc. that will help you straighten out your debts easier than if you tried on your own. They will also help you develop a budget you can live with which will enable you to get your financial house in order.
Credit counseling agencies are frequently nonprofit organizations that, for a small fee, will work with you on creating a solid plan to get your financial house in order. When people come to a Bucks County bankruptcy lawyer, they sometimes have already gone through the process of working with a credit counseling agency and have determined that bankruptcy is their best solution.
Sometimes, I will recommend a Bucks County Chapter 7 or Chapter 13 to first try to work with a credit counseling agency if their debt is not too burdensome. If you decide to use the services of a credit counseling agency, you should only deal with an agency that is accredited by the Council on Accreditation (COA). Your local office of consumer protection can advise you if any negative reports have been made against a counseling agency in your area. Bucks County’s Office of Consumer Protection is located here. These agencies frequently can work with your creditors to arrange payment plans and other services that will help you straighten out your debts easier than if you tried on your own. They will also help you develop a budget you can live with which will enable you to get your financial house in order.
This Act became law in 2003 and is designed to provide monetary relief to all active duty
members of the U.S. military. The purpose of to provide our service men and women with peace
of mind concerning civil matters while they are servicing their country. The chief provisions provide
the right to terminate a lease if relocation occurs, lowers interest rates on credit cards to 6% on
debt created prior to active duty, and the right to be protected from housing eviction due to nonpayment of rents that are less than $1,200 per month. Certain court proceedings can also be delayed. Of course, there are requirements to be fulfilled and restrictions that must be adhered to.
This Act became law in 2003 and is designed to provide monetary relief to all active duty members of the U.S. military. As a veteran and a Bucks County bankruptcy attorney, I have become a big proponent of utilizing the SCRA.
Here’s the bottom line on the Act: The purpose of to provide our service men and women with peace of mind concerning civil matters while they are servicing their country. The chief provisions provide the right to terminate a lease if relocation occurs, lowers interest rates on credit cards to 6% on debt created prior to active duty, and the right to be protected from housing eviction due to nonpayment of rents that are less than $1,200 per month. Certain court proceedings can also be delayed. Of course, there are requirements to be fulfilled and restrictions that must be adhered to.
