Although the Federal Fair Debt Collections Practices Act is the main law of the land for debt collections in the US, each state has their own laws and statute of limitations that each collection agency must abide by.
Debt settlement is one of several means to achieve debt relief. State variations occur. One of the more fortunate states in debt settlement, Texas, offers the individual with highly favorable laws to abet the process. What Is Debt Settlement Debt settlement (debt reduction, debt negotiation) is a means
Debt consolidation is marketed as an option for people who need financial relief. In a nutshell, debt consolidation works by compacting many bills into a single bill which should require a person to spend less per month than he previously had. He may also get better interest rates. This is usually accomplished