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Debt Consolidation in Alaska

Alaska MapAccording to the Urban Institute, a third of Americans currently are delinquent on their debt. The average debt of Alaskans is $68,524, with 33.1 percent of that debt currently in collections. Consumers whose debt has gone into collections have rights during the collections process.

Under the Fair Debt Collection Practices Act, debt collectors are required to treat consumers fairly and are prohibited from engaging in certain practices in an attempt to recover money owed to creditors. The law prevents credit collection agencies from harassing consumers by requiring them to call only during set hours of the day, and never are they permitted to contact a consumer at their place of employment. Consumers also have the right to put a request in writing for the collection agency to stop calling them about the debt, which the agency must honor.

Other guidelines debt collection agencies must follow include not making false statements in an attempt to collect debt. For instance, a collection agency cannot misrepresent who they are when they call and they cannot say that a consumer be jailed for failure to pay debt. They may not issue threats to consumers including suggestions of bodily harm, as well as using profanity. Finally, improper disclosure to family, friends or coworkers. Debt collection agencies are not permitted to disclose the nature of a consumer?s debt to anyone except the consumer.

Even for consumers whose debt has entered the collections phase, it is not too late to consolidate debt to achieve lower monthly payments. A reputable credit counseling service can assist consumers in consolidating their debt into one low monthly payment. Under state law, creditors are required to work with consumers who qualify for debt consolidation.


Alaska marijuana tax collections reach another new high

JUNEAU, Alaska (AP) - State marijuana tax revenue has reached another new high in Alaska. The state Department of Revenue reported collecting nearly $1.2 million in May. It is the fourth time this yea...

Published:  Tue, 03 Jul 2018 16:49:00 GMT

Alaska Governor pushes lots of new taxes, including state income tax

Things aren't going very well in Juneau these days and unlike the more nuanced arguments taking place in other states, Alaska is dealing with a problem which can be summed up in one word: money. The s...

Published:  Sun, 08 Jul 2018 00:01:00 GMT

FBX Cannabis Taxes On The Rise While Tobacco Taxes Dip

Anchorage, AK - The city of Fairbanks just brought its 2018 operating ... Findings revealed that Fairbanks will generate additional marijuana taxes than predicted, while tobacco revenues have dropped. ...

Published:  Wed, 11 Jul 2018 19:39:00 GMT

For third month in a row, Alaska marijuana tax tops $1 million

A total of $1,180,349 in excise taxes were paid by 96 marijuana growers in May, according to data from Kelly Mazzei, excise tax supervisor with the state's tax division. It's the third month in a row ...

Published:  Thu, 05 Jul 2018 00:46:00 GMT

Drunk tax officer from Uttarakhand arrested in dry Bihar

A deputy commissioner rank officer of Uttarakhand's commercial taxes department was arrested in a drunken state in dry Bihar late on Friday night. The arrest took place in Ghutni area of Siwan distric...

Published:  Sat, 07 Jul 2018 08:32:00 GMT

Christchurch restaurateur gets home D for tax evasion

Christchurch restaurateur Jonathon Charles Schwass has been given six months' home detention for not passing on more than $250,000 of his employees' tax deductions. Schwass was sentenced on 21 charges ...

Published:  Thu, 05 Jul 2018 19:35:00 GMT

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