Statute of Limitations for Unpaid Debts

by paramountlaw | Jun 5, 2023 | Debt Collection-Credit Card Debt Collection, Statute of Limitations

Statutes of limitations are established to protect debtors from being exposed to debt collectors or creditors for a specific length of time and prevent those debtors from being exposed to legal actions for old debts. What Is the Statute of Limitations for Debt? The...

Paramount Law Alternative Solutions

by paramountlaw | Jun 5, 2023 | Debt Settlement

Debt Settlement Why We offer Debt Settlement Our law firm has helped thousands of people get a fresh start with debt settlement.  We have seen the positive impact it can have on people’s lives. And studies back our observations. According to the American Fair Credit...

The Challenges of Bankruptcy with Your Taxes

by paramountlaw | May 15, 2023 | Bankruptcy, Taxes

HOW BANKRUPTCY MAY IMPACT YOUR TAX SITUATION? Filing for bankruptcy may have an impact on your taxable income. However, the extent of that impact will depend on your personal circumstances and the type of bankruptcy you file for.  It is important to understand...

Wage Garnishment During a Debt Settlement Program

by paramountlaw | May 15, 2023 | Debt Collection - Garnishment, Debt Settlement, Debt Settlement Program

Wage garnishments are extremely rare in debt settlement programs. Here are some things to know about them and how we resolve them when they happen. WHAT IS WAGE GARNISHMENT? A wage garnishment is a legal proceeding through which a portion of a debtor’s earnings is...

Tax Implications During a Debt Settlement Program or Bankruptcy

by paramountlaw | May 15, 2023 | Bankruptcy, Debt Settlement, Debt Settlement Program

Deb settlement programs and bankruptcy may have significant implications for your tax situation. HOW MAY A DEBT SETTLEMENT PROGRAM IMPACT YOUR TAXES? A debt settlement program can get a debtor out of debt fast and save them tens of thousands of dollars, but there are...