How serious is a bank levy by a debt collector?

A bank levy by a debt collector isn’t a warning; it’s a collection action that’s already in motion. Sean Zheng Lim/Getty Images Americans are currently carrying about $1.28 trillion in collective credit card debtwhich is both the latest record high and an amount that likely would have seemed unfathomable just a decade ago. But growing …

Read more

Can debt consolidation stop wage garnishment?

Can debt consolidation actually stop wage garnishment, or is it too late to take that route? Mohd Izzuan/Getty Images Americans are carrying more debt right now than at any point in recent history and the cracks are starting to show. Credit card debt is sitting at a record highdelinquency rates have been climbing steadily and …

Read more