A bank levy is a debt collection tool. It effectively allows a creditor to place a “freeze” on the debtor’s account to work toward satisfying …READ ARTICLE
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For a number of different reasons, not all customers pay their accounts on time. Some people make mistakes, some end up in a difficult financial …READ ARTICLE
The Federal Reserve Bank of New York reports that U.S. households owed an estimated $15 billion in debt. Businesses owe trillions more in outstanding financial …READ ARTICLE
As defined by the International Risk Management Institute (IRMI), a lender liability claim is a type of legal action in which a borrower alleges that …READ ARTICLE