Seventy-nine million Americans face overwhelming medical debt. According to The Commonwealth Fund, approximately 41% of people in Ohio and throughout the United States have trouble paying off medical debt. Anyone Can Have Medical Debt Issues People of all ages and in nearly every income bracket face problems with medical debt: 53% of low-income people ages 19 to 64 56% of moderate-income people ages 19 to 64 39% of middle-income people Read More
In this blog, we publish articles and stories that we believe you may find useful and pertinent to the areas of debt management, bankruptcy, debt collections, foreclosure, and creditor harassment. If you have any topic suggestions or ideas for articles that you would like to learn more about, please feel free to send us an email at firstname.lastname@example.org.
It’s easy to let your debts get out of control. According to Experian, the average American has over $92,000 in debt. It is possible to review and reduce your debts using some of the suggestions below. If you have questions about what steps you should take to manage your debt, contact a debt dispute lawyer at Luftman, Heck & Associates. Call today at 614-224-1500 or use our online contact form Read More
It’s never a good time to hear from debt collectors, but it is worse over the holidays. As economic hardships caused by the global pandemic increase, you may have gotten behind on your payments. Fortunately, the law provides a way to stop debt collection efforts. Falling on hard times can happen to anyone, especially during a global health crisis. You’ve dealt with enough stress without being harassed. Call an Ohio Read More
If you’re a millennial dealing with debt, you are definitely not alone. The average millennial has some type of debt that prevents them from saving for the future. If you’re in debt, there’s a good chance you’re delaying many important life milestones like getting married or buying a house because you simply can’t afford them. The good news for millennials is there are strategies for dealing with debt to improve Read More
It might sound odd to refer to car loans as “underwater,” but since we often hear the phrase “drowning in debt” it’s a fairly good analogy. When you are underwater on a car loan you owe more than the vehicle is worth. In other words, if you wanted to sell or trade-in the car, you would have an outstanding balance on the car loan that you’d still be responsible for Read More
The high cost of health care is well known. And while politicians argue, working families face staggering medical bills that, if left unpaid, subject them to increasingly aggressive debt collections from hospitals and collection agencies. If you are struggling with medical debt, you need to understand your legal rights and options. The Ohio debt collections attorneys at Luftman, Heck & Associates, LLP can help resolve your debts and protect you Read More
Consumers oftentimes assume they owe interest on their credit card purchases automatically. Creditors are very happy to take advantage of this incorrect assumption. In reality, a consumer only owes interest on loans or purchases if he or she agreed to pay interest, and the agreement is reflected in a contract (oftentimes the cardmember agreement). If the creditor cannot supply the court with the cardmember agreement reflecting the agreement to pay Read More
Were you pre-qualified for a debt consolidation loan? Do you have to call in to redeem your check? Is this too good to be true? – Last week, Ohio Consumer law attorney Jeremy Heck appeared on The Baker Law Group’s SOL Podcast to discuss debt consolidation, deceptive marketing, bait and switch tactics, and the legitimate options to fix your credit. Listen to the episode here.
Medical debt can be overwhelming, especially if it is a significant amount. Medical debt collection practices are also becoming increasingly aggressive. This can take a toll on your finances and cause a great deal of stress. Fortunately, there are ways you can get out from under and improve your financial situation. If you’re struggling with medical debt and getting calls and letters from debt collectors, it is in your best Read More
When people are dealing with collection agencies, they often don’t know their rights or how to assert them. One of the most important tools that you have is the right to demand the debt collector verify the debt they claim you owe. The debt collection lawyers at Luftman, Heck & Associates know how overwhelming it can be to deal with aggressive debt collectors. We fight to protect your rights and Read More