With the economic downturn, more and more families are behind on their bills. While not a substitute for legal advice, this Issues Brief provides some background on common issues related to debt collection, judgments and garnishments. The terms and definitions discussed here can serve as a starting point for dialogue with clients about debt collection. Participate in the Lunchtime Learning conversation on February 14, led by J. Michael Collins.
Note: One resource to consider if you find yourself dealing with issues related to debt and collections is a wonderful book by the National Consumer Law Center called “Surviving Debt.” As an example the book includes “16 Rules for Deciding What Debt to Pay First“.
Debt Collection (Feb 2011)
*Listen now or download the audio file to an mp3 player for later listening by following the steps on this tip sheet: Adding Podcasts to iPods