Unfortunately with the economy in poor shape the number of people who are defaulting on their loans continues to grow. While it is understandable that they are struggling, the bottom line is that companies who loaned them money in good faith need to be able to recover their money. Using wage garnishment to recover money is one of the most effective ways that a company can use … [Read more...]
Louisiana Debt Collection Laws
Louisiana Debt Collection Laws In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Louisiana collection agencies are also regulated by Louisiana debt collection laws. Discover: Louisiana collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Louisiana collection agency license and … [Read more...]