LIVELINES: LEGAL CALLS
With record Black Friday and Cyber Monday sales a lot of people think about spending money at this time of year. But for those in debt, it's important to get your finances in order.
Attorney Mark Warren was our guest this morning. He discussed your legal rights when it comes to debt.
Instant Relief If Your Debt is in Collections
1. Offer to pay a lessor amount
2. Typically, there is a pre-approved reduction of one-third for a debt that is in collections
3. If you have debt is older than 6 years, do not pay a dime