Transworld Systems (TSI): What You Need to Know

LVNV Funding: What You Need to Know

Who Is LVNV Funding? LVNV Funding LLC is a major debt buyer that purchases charged-off consumer debts, such as credit cards and personal loans, from original lenders at a discount. LVNV often outsources collection efforts to Resurgent Capital Services, so you may...

How Car Repossession Works & How To Stop It In Texas

If you are behind in paying your car payments, you may face repossession. Many people believe that a lender must file a lawsuit to begin the car repossession process. However, this is not true. A lender can begin the car repossession process by simply taking your...

The Statute of Limitations on Debt Collection in Texas

Dealing with large debts can be extremely stressful and overwhelming. Creditors and debt collectors can be aggressive or even abusive when seeking repayments. However, as a consumer, you are protected by several laws that oversee debt collection within the state. To...

The Three Debt Types: About Priority, Secured, and Unsecured Debts

Understanding the three classes of debt will help you figure out how bankruptcy works. Bankruptcy law does not play favorites with your creditors, except when those creditors are legally different. The most basic way that creditors are legally different is in their...