Kentucky residents who have recently lost a loved one might assume that decedent's debts disappear with them. However, just as the estate must handle the distribution of assets to heirs, the estate is also held liable for the person's outstanding balances. In fact,...

Most people in Kentucky know that in today's economy, credit matters. However, not everyone is aware that small outstanding debts can cause just as much damage to credit scores as large ones. Whenever a bill goes unpaid irrespective of its size and is reported to a...

Some consumers live in fear of what credit card companies can actually do to them. One question that often arises is whether they can garnish an IRA, especially if the IRA is with the same issuer as the credit card in question. First of all, any creditor has to...

Kentucky readers might be interested in a creditor harassment case recently filed against national department store chain Kohl's. The plaintiff in the case claims that the retail giant called her incessantly, including calls that occurred early in the morning and late...