Are There Debt Collection Act and Laws?
Do you dream of life without credit card debt? Many Americans do, and despite the crushing debt that most families live under, there is hope. When the government passed a recent economic stimulus bill, several bailouts were given to large corporations, prompting many of us to as, “What about us?” Well, if you look closer, our bailout exists as well, and many are just learning this. The stimulus bill modified the economic standing of the entire country, and the debt collections act and laws that ensued are there to help you eliminate over half of your credit card debt. You read that right! There is an opportunity for you to wake up tomorrow morning with more than half of your debts erased, giving you a clean slate moving forward. When the stimulus money was handed out to banks, much of it was designed to allow them to offer unsecured loans for bad credit. In doing so, the economy jumpstarts, and the economic ball gets rolling again. But, where can you find the information? Many places w