Welcome to the very first post for Junk Debt 101. My name is JT Locke and I'll be your blog hostess. Junk Debt 101 was an idea born when my husband started receiving calls from "scavenger debt collectors." They were calling about a debt that was...

Its a simple question but the word debt is one that can affect a persons entire life. You may have too little debt or you may have too much debt. It seems there is a fine line between too little and too much. There is good debt and there is bad debt....

Last time we talked about the meaning of debt. We looked at the dictionary meaning, the meaning according to the Fair Debt Collections Practices Act (FDCPA) and an every day meaning of the word. It was pointed out that "debt" is not always money...

Have you ever got a telephone call right before 9 p.m. at night from a debt collector trying to talk to you about a debt that is over 10 years old? It's a typical tactic that "junk debt" collectors use. They call at all hours of the day to try and...