Zombie debt is an old debt that resurfaces after years of little or no collection activity. You may receive a call, letter, or lawsuit about an account you thought was resolved, forgotten, or too old to collect. A debt collector
McCarthy Law PLC
McCarthy Law PLC helps people in difficult financial situations because of too much debt. For many different reasons – the loss of a job, personal or medical emergencies, divorce, declining home values, a difficult economic environment – many people find themselves in financial difficulties. As debt attorneys, we are one of the rare debt settlement companies that can actually represent you in lawsuits and defend you against your creditors.
Finances are a very personal matter and should be discussed with a qualified debt attorney.
McCarthy Law's Mission:
"An America in which no family is burdened by debt. Our role in bringing vision to reality. We negotiate for large reductions in our clients' debts without the need for bankruptcy." - Kevin Fallon McCarthy, Managing Attorney.
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Can a Business Creditor Come After My Personal Assets?
A business creditor may pursue your personal assets in some circumstances, but business ownership does not automatically make you personally liable. Your liability may depend on your business structure, personal guarantees, and how you handled business and personal finances. When…
Is a Debt Collector Breaking the Law? 10 Violations You Should Know
Debt collectors must comply with federal and state laws when attempting to collect certain debts. If a collector uses threats, deception, repeated unwanted contact, or other prohibited tactics, the conduct may violate consumer protection laws. Recognizing potential violations can help…
Can Private Student Loans Garnish Wages?
Falling behind on a private student loan can lead to collection calls, a lawsuit, and potentially wage garnishment. However, a private lender generally cannot begin garnishing your wages simply because you missed payments. The creditor typically must take legal steps…
How Do You Negotiate with Creditors? Guide to Debt Settlements
When you are staring at a mountain of past-due notices and balance statements, it is natural to feel like the ultimate “underdog.” On one side of the table, you have billion-dollar banking institutions with vast legal departments and automated collection…
What Can Collections Take From You? Wages & Property
Few things in life are as destabilizing as the persistent, aggressive ringing of a phone from a debt collector or the arrival of a legal notice in the mail. The fear and anxiety caused by these threats are intentional; collection…
Debt Consolidation vs Settlement for Credit Cards
If you have ever felt like you are running on a financial treadmill, you are likely familiar with the “minimum payment trap.” It is a frustrating reality for millions of credit card holders: you make your payments faithfully every month,…
What Debt Can Be Forgiven? Discharging Debt in Bankruptcy
Dealing with overwhelming debt is rarely just a financial struggle; it is a profound emotional burden. It affects your sleep, your relationships, and your ability to plan for a future that feels secure. When letters from collectors start piling up,…
Warning Signs of Student Loan Scams: Fees & Fast Forgiveness?
The landscape of higher education financing has become a minefield for the unwary. While much of the national conversation centers on government initiatives, millions of Americans are quietly struggling under the weight of private student loans. These loans, issued by…
Debt Lawyer vs Debt Relief Company: What’s Better for You?
When debt becomes overwhelming, it can feel urgent to find a solution fast. Mounting balances, persistent creditor calls, and the stress of falling behind on payments often push people to look for immediate relief. In that moment, many individuals discover…