Learn More About Collections Law in New Madrid, Missouri

New Madrid is a city in New Madrid County, Missouri, 42 miles (68 km) south by west of Cairo, Illinois, on the Mississippi River. New Madrid was founded in 1788 by American frontiersmen. In 1900, 1,489 people lived in New Madrid, Missouri; in 1910, the population was 1,882. The population was 3,334 at the 2000 census. New Madrid is the county seat of New Madrid County. This county seat is home to the consolidated middle and high schools. "Madrid" in this name is usually pronounced with the stress on the first syllable (MAD-rid), unlike the Spanish capital Madrid (ma-DRID). The area is famous for being the site of a series of over 1,000 earthquakes in 1811 and 1812, ranging up to approximately magnitude 8, the most powerful non-subduction zone earthquake recorded in the United States. New Madrid, Missouri lies far away from any plate boundaries, although it lies on what is called the New Madrid Seismic Zone. The earthquake was felt as far away as the East Coast. The city is also remembered as being the nearby location for the Mississippi River military engagement, the Battle of Island Number Ten, during the Civil War. The city is the namesake for the song "New Madrid" on the album Anodyne by famed alt. country group Uncle Tupelo.

What is collections law?

Lawyers who practice collections law assist creditors in the collection and satisfaction of outstanding debt, including car loans, student loans, credit cards, judgments, medical debts, mortgage debt, enforcement of rights under liens, and recovery of court-ordered judgments. Debt collections attorneys may also assist clients in repossessing the real and personal property of insolvent debtors.

Personal Bankruptcy and Business Bankruptcy attorneys can advise on debt relief options and guide individuals through each phase of a federal bankruptcy filing.

Answers to collections law issues in Missouri

What are the different options for bankruptcy?

There are six basic types of bankruptcy cases provided for under the Bankruptcy Code, each of which is discussed...

How can I protect myself from debt collectors?

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

When can a creditor garnish my wages, place a lien on my house, seize my bank account, or take my tax refund?

For the most part, a creditor must sue you, obtain a court judgment, and then solicit the help of a sheriff or other...

How soon after I miss a house payment will the bank begin foreclosure proceedings?

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...