Debt collection can easily overwhelm debtors, especially when keeping track of payables. If you are in Arizona, know that there are safeguards in place to protect you. Here is a guide to help you deal with debt collectors, collection agencies, and debt buyers: Who Are the Key Parties Involved in Debt Collection? Debt Collectors These […]
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Wage garnishment is a legal practice in Arizona that allows a creditor to collect debt through salary deduction. Here’s a summary of the Arizona wage garnishment process: Creditor Lawsuit First, a court of law must issue a judgment against you. The creditor must initiate a lawsuit against you and show that you owe the sum
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A bank attachment in Arizona, often referred to as a bank levy or garnishment, is a legal procedure that allows a creditor to seize money from your bank account in order to pay off a debt. An summary of Arizona’s bank attachment procedure is provided below: Creditor Lawsuit and Judgment A creditor must first file
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Creditors in Arizona, like in other jurisdictions, can sue a debtor to recover owed money. Generally, this happens when the debtor defaults on the loan and has not responded to attempts by the creditor to collect the debt. Statute of Limitations In Arizona, the statute of limitations for collecting a debt is normally six years
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