Pittsburghers who find themselves in overwhelming credit card debt they are unable to pay might be under the impression that they have put themselves in that position and they deserve whatever punishment they get. That can include simply accepting debt collectors calling at all hours and harassing them. However, simply being in credit card debt does not mean that a person should be subjected to abuse and face legal violations. Understanding what debt collectors are not allowed to do regarding a debt based on the Fair Debt Collection Practices Act when communicating with the debtor is imperative to put a stop to the behavior and a legal professional experienced in helping people with their debt problems is key to this.
For Pittsburgh residents who are considered wage-earners and have property that they would like to retain but are in heavy debt with no viable alternatives to pay it, Chapter 13 bankruptcy may be a useful option to get back on stronger financial footing. There are many aspects of a Chapter 13 filing that should be gauged before moving forward with it. One that is not overtly problematic, but should be understood is the role of the Chapter 13 trustee. The trustee is integral to the success of the filing and cannot be ignored.
With the dawn of a new year, celebrations quickly recede into the past and everyday concerns for the present and future rise again. Part of that is inevitable worry about tax time in April. For some Pittsburghers, this is based on being behind in tax payments. Those who are confronted with IRS tax debt could think about the potential penalties they will face if they do not pay, but are also thinking about not having the funds to clear that debt.
Most people facing significant debt accumulate it over time. There are individuals who have some kind of catastrophic event, such as a car crash, that directly leads to financial duress. For most other people, debt is a slow trickle that eventually builds into a unstoppable deluge.