Category Archives: credit cards

Tip income can’t necessarily be garnished in New Jersey

I have to admit, I picked this case for this post mainly because of its cool name, Big M, Inc. t/a Annie Sez v. Texas Roadhouse Holding, LLC. But it also has something interesting to say about debt collection. The New Jersey Supreme Court decided ...

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Debt settlement isn’t usually the best option

Why you should educate yourself about bankruptcy as an option before going the debt settlement route.

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3 mistakes to avoid when paying credit card debt

You will see all sorts of advice about "managing debt." But when it comes to credit card debt, mere "management" can get you into trouble. Truth is, the best way to "manage" credit cards is not to carry a balance at all. Don't spend more than you can afford. Pay off the entire ...

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Bank of America drops arbitrations for cardholders

Bank of America recently agreed to drop the requirement that cardholders resolve disputes in arbitration. The bank did this as part of a settlement of a lawsuit in which they were accused of conspiring with other banks to require credit-card holders to arbitrate disputes instead of going to court. Other banks are still involved in ...

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