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Is there a good source of information on collections? I would like to find some information on settlements (with creditors), can a creditor garnish wages (under what circumstances is this allowed - small claims court, sue in court), what happens when a creditor wins a judgment against a debtor, what happens when a creditor writes off a debt or sells it to another "collection" agency (if you receive 1099 for anything above $600 does that mean the creditor cannot sell the debt to a collection agaency?). Just looking for a good source for this type of information.

Thanks,

Larry Earhart, Jr., CFP
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