A collection account is a debt that has been passed to a third-party agency for collection after becoming...
A charge-off is when a lender writes off a debt as a loss after prolonged missed payments, but the debt...
Insolvency is a financial condition indicating inability to pay debts as they come due, while bankruptcy...
A Garnishment of Wages Notice is a legal order requiring your employer to withhold part of your paycheck...
An economic hardship letter template helps you formally request financial relief when facing difficulties...
A loan payoff statement is a detailed document from your lender specifying the exact amount needed to...
Deficiency balance collection refers to a lender’s effort to recover the remaining loan amount after...
A default notice template is a formal written alert sent by lenders to borrowers who have missed payments...
A Debt Recovery Services Agreement is a contract between a creditor and a debt collection agency detailing...
Charge-off settlement verification confirms that a charged-off debt you settled is correctly updated...