Korean Library: Bankruptcy

Some of the following Consumer Action publications are available in bulk for non-profit or government agencies to distribute for educational purposes. Further info can be found on the How To Order Publications page.

Library: Korean | Personal bankruptcy: Your financial fresh start (Korean) . Bankruptcy can offer a financial fresh start for consumers overwhelmed by debt, but there is a lot to know about the process and potential consequences before a decision to file can be made. This guide explains the differences between the two types of personal bankruptcy, what is required of filers, what happens to debts and assets, alternatives to consider, the general legal process, and where to find assistance and more information. Filed Under: Bankruptcy Credit Consumer Rights Credit Cards Debt Collection Foreclosure on Oct 30, 2017

Library: Korean | Debtors’ Rights (Korean) . This guide helps consumers understand how to communicate with a debt collector, what their rights and options are when faced with a debt collection lawsuit, steps to take to try to avoid legal action, where to find legal information and advice, the general process of responding to a lawsuit, their rights if they lose the case and how to file a complaint against a collector. Filed Under: Bankruptcy Credit Debt Collection on Dec 20, 2016

Library: Korean | The Fair Debt Collection Practices Act (Korean) How it restricts collectors and protects consumers. This concise guide to the Fair Debt Collection Practices Act (FDCPA) makes consumers aware of what collectors must do under the law, what they are allowed to do, and what they are prohibited from doing. It also provides information about getting a collector to stop contacting you, what your options are if a collector violates the FDCPA and where to get more information or personal assistance. Filed Under: Bankruptcy Credit Debt Collection on Sep 20, 2016

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