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Debt Collection

Debts that have been reduced to a court order or judgment can be collected under various legal methods. These remedies are available to judgment creditors only, not general creditors who have not yet obtained...

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Credit

Without credit, it is impossible to purchase a vehicle, a home or even rent an apartment. Thus, building up a good credit history is essential for any adult. Build credit by starting small. College...

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Legal Seizure of Assets

Laws allow assets to be seized by creditors and courts for a variety of reasons. The IRS can seize and sell assets to satisfy unpaid taxes. A bankruptcy court typically orders assets sold to...

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Introduction to Assets

An asset is anything of value owned by an individual. Assets are either real property or personal property. For most people, their only real property asset is their home. Vehicles, furnishings, clothing, jewelry and...

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