**Disclaimer – Debtprison.net does not administer legal or financial advice. The contents of this website are my opinions on collection agencies and how to deal with them. Nothing on this website should be interpreted as legal advice or council. No opinions on this website should be used to replace the advice of your financial advisor [...]
How to Avoid Paying a Debt
This article details some methods for avoiding payment on a legitimate debt (beating a debt) that I picked up from some sources on the internet. You’ll have to have some courage and confidence to actually go through with such an experiment. However, this method is the best way to avoid payment on the debt, or at least for [...]
The Real Debt Prison in United Arab Emirates UAE
Sporting 1.5 million souls (70% of which are randy men) the United Arab Emirates, or UAE, is home to one of the earth’s most popular regions for debtor’s prisons. If you’re a man, you’ll need a lot of debt, to buy junk with so you can outmaneuver and outrun those other young bucks, who are competing with [...]
Settled Debt is Taxable Income
The amount of debt you settle may be taxable by Federal and State Government. Most people are not aware that if the amount of settled debt surpasses $600, the IRS considers this taxable income. If you have settled with a creditor on a debt, they should send you a 1099-C tax form. This form will list [...]
Can a Creditor Collect on Discharged Debt?
Original creditors and collection agencies will often collect on discharged debt, charge offs, debt absolved by bankruptcy, and even debt that’s been settled. This is debt that can’t legally be collected on via a civil court judgment. However, collection agencies won’t let a little thing like your legal rights stand in the way of their profits. [...]
Debt past the Statute of Limitations and Collection Agency still suing?
If your debt is past the Statute of Limitations a collection agency or creditor can still sue you in civil court as an attempt to obtain a judgment. So why does the Statute of Limitations (SOL) exist and how can you use it towards your defense? If you have any questions pertaining to this article [...]
Will debt follow you abroad?
Can you avoid paying your debts by leaving the United States and will your debt or credit report follow you to another country? If you leave, will you be arrested when you return to the United States? Can you be arrested in the country you’re moving to for the debt you leave behind in the [...]
How To Stop Bill Collectors From Harassing You
**Disclaimer – Debtprison.net does not administer legal or financial advice. The contents of this website are my opinions on collection agencies and how to deal with them. Nothing on this website should be interpreted as legal advice or council. No opinions on this website should be used to replace the advice of your financial advisor [...]
When Can I Start Settling My Debts?
**Disclaimer – Debtprison.net does not administer legal or financial advice. The contents of this website are my opinions on collection agencies and how to deal with them. Nothing on this website should be interpreted as legal advice or council. No opinions on this website should be used to replace the advice of your financial advisor [...]
Restrictions on Wage Garnishment for Debt Collection
**Disclaimer – Debtprison.net does not administer legal or financial advice. The contents of this website are my opinions on collection agencies and how to deal with them. Nothing on this website should be interpreted as legal advice or council. No opinions on this website should be used to replace the advice of your financial advisor [...]
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Recent Articles
- Helpful hints for Debt Settlement
- How to survive debt in the UAE
- DP Reader Wins Civil Suit Against Bill Collector
- Salvage Store Jackpot: $800 of clothes for $80!
- Debt Validation: FDCPA Rules
- When will the Collection Agency sue you?
- How to Avoid Paying a Debt
- How to stop bill collectors from calling you
- The Real Debt Prison in United Arab Emirates UAE
- Settled Debt is Taxable Income