Debt Buyers Blogs

Causes of Increased Credit Card Debt in 2023 Several factors have contributed to the increased credit card debt in the United States in 2023, including: Inflation: High inflation has fueled Americans' ...

The Essential Legal Glossary for Consumer Debtors Acceptance: 1) Intentionally receiving and keeping something. 2) Agreeing to contract terms. Acceptance of Service: Agreement by a defendant to accept ...

What’s Going on with Student Loan Repayments in 2023? In October 2023, about 27 million borrowers are expected to restart their student loan payments, marking an end to a three-year hiatus. The blog ...

U.S. Poverty Rate Soars in 2022 Poverty Rate: Jumped from 7.8% (2021) to 12.4% (2022). Child Poverty: Doubled from 5.2% to 12.4%. Reasons for Increase: Expiration of pandemic federal aid and rising ...

What is a Motion for Summary Judgment? A motion for summary judgment is a legal procedure that allows a party to a lawsuit to ask the court to decide the case in their favor without a trial. The ...

The New York Civil Courts have updated their monetary limits for the first time since 1983. This change affects filing costs and the courts' efficiency. This overview will examine the reasons for this ...