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July 21, 2024
By
The Admiral Staff
A reader is facing $10,000 in medical bills after their insurance company retroactively reversed payments, and they’re concerned about the legality and potential consequences. The advice provided is that insurance companies can reverse payments, though time limits apply (six months in Maryland, potentially 18 with coordination of benefits). Appealing the insurance decision and notifying providers are recommended. While private companies require a lawsuit and court order to garnish wages, Maryland is not a community property state, so the reader
July 16, 2024
By
The Admiral Staff
The article explains that there isn’t one single credit score, but rather multiple ways to calculate it, with the most common being the FICO Score and VantageScore. Both range from 300 to 850, with higher scores indicating better creditworthiness. FICO, historically used by mortgage companies, has various versions (like FICO 10), while VantageScore was created by the credit bureaus as an alternative and can score individuals with shorter credit histories. Payment history is the
June 6, 2024
By
The Admiral Staff
Generally, if you’re not listed on your husband’s credit cards, you won’t be responsible for the debt if he dies. However, if you live in a community property state (Arizona, California, Idaho, Louisiana, New Mexico, Nevada, Texas, Washington, Wisconsin), debt acquired during the marriage may be jointly responsible. It’s crucial to consult a lawyer regarding your joint home ownership and wills to protect your equity, as unusual arrangements could impact debt repayment from the home’
May 20, 2024
By
The Admiral Staff
The Consumer Legal Group is a law firm that helps consumers challenge debt collectors and creditors by leveraging consumer protection laws. They analyze debts for noncompliance, provide representation in court, and advocate for favorable settlements across various debt types like credit cards, medical bills, and rent arrears. Individuals feeling harassed or taken advantage of can submit a form online for a review of their accounts and legal assistance.
April 7, 2024
By
The Admiral Staff
Millions of people are overpaying for loans and credit due to inaccuracies in their credit reports. Lexington Law offers a service where experienced attorneys and paralegals analyze credit reports, identify errors, and dispute them on your behalf. They offer a free credit assessment and a monthly fee-based plan, having removed over 83 million questionable items since 2004, potentially saving clients thousands of dollars.
