Soft Inquiry: This type of credit check is recorded even though no attempt is made to open a new credit account.
Statute of Limitations: Creditors have a limited period of time in which legal action may be pursued against a debtor.
Structured Settlements: These negotiated payment provisions can help offset future costs and meet long-term income needs, as long as they are not squandered and sold for an upfront portion.
Summary Judgment: Creditors love to receive judgments when no defense is given by the debtor.