Bulk Sales Act: In Laymen Terms
Author: Puru Grover
As a creditor have you ever come across a situation when a company, say company X was bought over by Company Y. When you approached X for payment you were told to go to Y and when you went to Y they told you that they were not responsible since they only bought the assets of X. Sounds familiar?
Credit Protection Laws - A Consumer's Guide
U.S Board of Governors of the Federal Reserve System
Shopping Is the First Step
What Laws Apply?
The Finance Charge and Annual Percentage Rate (APR)
Cost of Open-end Credit
Leasing Costs and Terms
Open-end Leases and Balloon Payments
Costs of Settlement on a House
Small Claims Court | British Columbia - Small Claims Court
Most cases can be heard in Small Claims Court provided the amount of money or the value of the goods or services involved is $10,000 or less (interest not included). Before deciding to use the court to settle a dispute, consider that court proceedings are costly and time consuming. You may want to try to reach a compromise out of court.
How much will it cost?
Fair Debt Collection Practices
Federal Trade Commission
If you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a "debtor." If you fall behind in repaying your creditors, or an error is made on your accounts, you may be contacted by a "debt collector."
You should know that in either situation, the Fair Debt Collection Practices Act requires that debt collectors treat you fairly by prohibiting certain methods of debt collection. Of course, the law does not forgive any legitimate debt you owe.