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Debt and Debt Consolidation Articles
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- People with debt 'need to learn how to deal with their finances' - by Submitted on Jan 13, 2011 from Thomas PhillipsonAn expert has spoken about debt in the UK.Consumers with debt on their credit cards or current account must learn how to deal with their financial issues more effectively in the aftermath of the global economic downturn.That is according to George Currie, founder of online resource ...
Views: 734(1 vote) - Remedies For Unsecured Creditors - Advice On How To Eliminate Unsecured Debt - by Submitted on Oct 12, 2009 from Keith GarrowWhile it is of course true that no debt is good debt, unsecured debts are distinctly preferable because there are more options open to you when it comes to getting rid of them. Finding remedies for unsecured creditors is not difficult, because there are two very well established approaches to ...
Views: 2409(4 votes) - Repair Your Own Credit With These Easy Steps - by Submitted on Aug 04, 2009 from Paul TomlinsonRepair your own credit by getting your free annual credit report. Hop on over to annualcreditreport.com or calling 877-322-8228. Once you have each of your reports, grab your yellow highlighter and one credit report at a time. Although each credit report has its own rating system, they are ...
Views: 835(1 vote) - Should I File Bankruptcy Or Is Debt Settlement A Better Alternative? - by Submitted on Sep 15, 2009 from Keith GarrowWhen personal debt reaches the kind of level where you just cannot see how you could ever be debt free again, many people think that bankruptcy is their only option. While bankruptcy is a way of ending a very serious debt situation in a relatively short period of time, it is an extremely ...
Views: 1061(3 votes) - Successful Credit Card Settlement - How To Write Off Debt Through Successful Negotiation - by Submitted on Aug 19, 2009 from Keith GarrowCredit card companies know exactly what they are doing when they make it so easy for us to get the things we want, even though we can not afford them. When money is tight it is all too simple to turn to our flexible friends for help. The problem creeps up slowly as the debt builds up, until ...
Views: 1351(3 votes) - The Difference Between a Debt Negotiation Agreement and Credit Card Debt Settlement Letter - by Submitted on Oct 03, 2011 from Vic ChevalierBeing delinquent on credit card debts is no laughing matter. The endless annoying collection calls, torturous threat of lawsuits, and fear of bankruptcy can create many sleepless nights. But, a debt negotiation agreement can take away a lot troubles. The following statistics explain why so many ...
Views: 1691(1 vote) - The Pros and Cons of Remortgage… - by Submitted on Jun 09, 2010 from Tom DarwinAs we all know, mortgage is a financial commitment which can be further used to actualise some very important requirements in our life. But if this decision does not pay the right dividends, or you find better opportunities around you still have an alternative to consider. This very option is ...
Views: 1066(2 votes) - Three Tips on Finding the Best Debt Settlement Companies - by Submitted on Oct 03, 2011 from Vic ChevalierIn an uncertain economy, debt settlement can be a sound prescription toward achieving financial wellness. The debt relief solution has triumphed as a bankruptcy deterrent for millions of Americans burdened by credit card debt. It's widely favored because it provides a more substantial debt ...
Views: 1312(1 vote) - Top Debt Settlement Companies - What To Look For When Selecting A Debt Settlement Company - by Submitted on Aug 19, 2009 from Keith GarrowWhen you owe lots of money and you decide you want to try to settle your debts, you naturally want to find the best debt settlement companies out there. This is a perfectly sensible approach, but can be easier said than done. Part of the problem is that that there are just so many debt ...
Views: 776(3 votes) - Truth About Debt Settlement - by Submitted on Feb 14, 2010 from Daniel MartinezDebt settlement finds a way to negotiate with the lenders to waive off certain percentage of the outstanding balance with the borrowers. A portion of the amount is paid off at an agreed upon settlement amount. This process can be very effective if a third party settlement services company is ...
Views: 945(2 votes) - What Assets Can Be Taken In Bankruptcy - Does Filing Bankruptcy Mean You Lose Everything? - by Submitted on Aug 13, 2009 from Keith GarrowBankruptcy is a drastic step, and one usually taken by people who feel they have no other alternative. When you are declared bankrupt you essentially lose control of all your assets. In the US there are certain modest personal exemption levels for different types of asset, intended just to ...
Views: 876(2 votes) - What Happens When You Consolidate Your Debts? - by Submitted on May 12, 2009 from Keith GarrowDebt Consolidation is often the first thing that people consider when they experience debt problems. Consolidation debts is basically the process of taking out one large loan to pay off all your other debts, leaving you with only one payment to think about, which is usually a smaller amount ...
Views: 5425(1 vote) - What Is Our Biggest Problem Now? - by Submitted on Sep 26, 2008 from Cherokee BillieThe answer is: Fear. Right now people are living in a state of fear because of the economy making a change downward. For decades this situation has been going on, but did not make news until it started hitting the average person's pocketbook. During the past two weeks I have had more calls ...
Views: 1002(2 votes) - Free Debt Consolidation Tactics to Save Your Financial Future - by Submitted on Jul 12, 2010 from Sam EtkinIf you are in debt, it probably feels like there is no way out. Though your situation may be overwhelming and increasingly stressful, there is no reason it has to keep getting worse. Have you ever considered debt consolidation? There are actually many viable options available to you to help ...
Views: 43916(13 votes) - Become Your Own Rescuer - by Submitted on Aug 30, 2009 from Peggy McCollWhen life's challenges feel all-consuming, it's only natural to yearn for rescue. You might cross your fingers, wish on a star, focus your intent, and hope with all your might that someone or something will swoop in and fix all your problems. Typically, people will look to a romantic partner or ...
Views: 1622(4 votes) - Home Budgeting Software – Advice on Tools to Help with Personal Budgeting Strategies - by Submitted on Jun 03, 2009 from Keith GarrowThere can be little doubt that budgeting is a really useful way to plan and control your expenditure, but the reality of actually putting it into practice is often so daunting that we just never even start. There is a tendency to think of budgeting as a painful kind of rationing, making ...
Views: 1557(4 votes) - Debt Settlement Companies Are They A Scam Or Do They Really Work? - by Submitted on May 17, 2007 from steve bisWhen it comes to seeking debt relief, many Americans feel the only viable option they have is credit counseling or filing bankruptcy. What many people are not aware of is the little known process of debt settlement. The goal of debt settlement is too, one satisfy your creditors for less than ...
Views: 53336(7 votes) - Are You on the Express Lane to Debt? - by Submitted on Jan 17, 2010 from Theodore HendersonThere are always plenty of articles and commentary written about rapacious lenders and banks taking advantage of the “little guy” by giving him too much credit too easily and then when most inconvenient for the borrower they hit him with higher interest rates or some other financial ...
Views: 1332(3 votes) - Bankruptcy Doesn’t Have to Be the End of Your Credit Life - by Submitted on Jun 05, 2009 from Gary McClureAfter your bankruptcy has finally been discharged the courts and you have your discharge papers in hand, what next? How do you begin to rebuild your credit? The first thing to remember is what led you to bankruptcy to begin with. You don't certainly don’t want to end up in the same financial ...
Views: 1403(3 votes) - Can A Collection Agency Sue Me For Debt - How Do I Prevent Being Sued For Debt? - by Submitted on Oct 10, 2009 from Keith GarrowDebt collection agencies can sometimes be a bit over enthusiastic in their pursuit of an outstanding debt. It is not unheard of for a collector to threaten legal action just to scare you into paying up, rather than because they actually plan to take you to court. You can of course be sued for ...
Views: 1636(3 votes) - Caught in a Money Trap? Keep Reading. - by Submitted on Aug 31, 2010 from Mike PetersonAccording to a well-known proverb, “Insanity is doing the same thing in the same way and expecting a different outcome.” Same goes for financial matters. After all, there’s something a little crazy about falling into the same money traps over and over again (and expecting that, one day, things ...
Views: 1614(3 votes) - Is Debt Consolidation Good - Should I consolidate My Debts Or Not? - by Submitted on Oct 12, 2009 from Keith GarrowDebt consolidation is generally understood to mean a process which leaves you having only one payment to make instead of lots of different debts. However, there is more than one way to achieve this, so a little explanation is required first, with regard to the possible alternative meanings of ...
Views: 820(3 votes) - Personal Finance: Summer Scorcher - by Submitted on Jul 15, 2010 from Renee BarnowMy most two dreaded 4-letter words are debt and snow. The thought of winter makes my body curl up onto itself – a true, physical cringe. Likewise, the thought of debt chills me to the bone – because I’ve been there, close to broke and in the clutches of financial winter. Summertime and ...
Views: 2474(3 votes) - Being Sued For Debt and Advice on How You Can Avoid It - by Submitted on Jul 09, 2009 from Keith GarrowCredit card companies and collection agencies are quite within their rights to take legal action against you if you have failed to pay a debt that you legitimately owe. Taking out credit is a legal agreement, so if you fail to keep up with your end of the bargain by not paying the money back ...
Views: 906(2 votes) - Creating Your Own (Cash-Based) Bailout Plan - by Submitted on Aug 31, 2010 from Mike PetersonWant to get your finances back on track? Go back to cash. Here are five tips to help you get started. If there’s an upside to today’s uncertain economic climate, it’s the fact that the recession has forced Americans to take a long, hard look at their spending and saving habits. We’re ...
Views: 1309(2 votes) - Credit Card Debt Settlement: What Are Your Options - by Submitted on Feb 09, 2010 from Sally ZaneIf you're reading this article, chances are you have some type of credit card debt. Most Americans are in debt, especially now with the way the economy is. If you have high balances are you're paying the minim payment only every month, then it's unlikely that you will every get straight. A ...
Views: 1769(2 votes) - Debt Reduction Plans - How To Improve Your Finances Using Debt Payment Plans - by Submitted on Aug 27, 2009 from Keith GarrowDebt reduction plans are very common in the US and in the UK. These well established arrangements are also known as debt management plans or debt payment programs and the process of using them is sometimes referred to as debt consolidation in the US. In this article I will explain exactly what ...
Views: 993(4 votes) - Debt Settlement Program - Understanding Debt Settlement - by Submitted on Nov 04, 2010 from Keith GarrowNegotiating with creditors to write off a large part of your debts is one of the only ways to deal with really serious debt situations. The only alternative to this being bankruptcy. By using the right expertise you will be able to agree on a good debt settlement program that suits your ...
Views: 1276(2 votes) - Debt Settlement – Fact Vs. Fiction - by Submitted on Apr 16, 2010 from Steve DiFabioWith the economy failing, consumers are finding their unsecured debt rising, coupled with limited resources to pay. What options do you have as a consumer to save your credit and avoid bankruptcy? The good news is that you have options, but with all of the companies out there trying to make a ...
Views: 1107(2 votes) - Four chapters of bankruptcy - by Submitted on Sep 01, 2009 from JD KamatBankruptcy is meant to give you some relief from your debts and pave a way towards a better life. When a person declares bankruptcy he gets rid of all his debts. There have been many cases of bankruptcy that relate to different people and different circumstances. There are a number of chapters ...
Views: 813(2 votes) - Get Out of Debt FASTER: 8.5 Tips to Find Extra Cash! - by Submitted on Jan 15, 2010 from Jesse NiesenDo you have any kind of lump sum to put towards paying off your debt? If you’re even a little bit concerned about your cash flow right now because it’s limiting some of your debt relief options, then you may be curious how many of my debt free clients discovered a variety of creative ways to ...
Views: 1438(2 votes) - Getting Out of Debt Together - by Submitted on Jul 30, 2010 from Rachel MohebanOne underlying tension in many marriages is the weight of a debt. It is estimated that a very high percentage of divorces are based on some sort of financial issues between the couple, debt being a high on this list. If you see that you have fallen behind on your bookkeeping, it’s time to face ...
Views: 1468(2 votes) - How Do I Get Out of Debt? - by Submitted on Aug 05, 2010 from Mike PetersonIt's a question we've all asked ourselves; anyone who's ever owned a credit card, taken out a student loan, financed a car, or paid a mortgage has accumulated debt. Debt can feel overwhelming, but you don't have to be a slave to it. You just need a little common sense and some budgeting savvy. ...
Views: 1366(2 votes) - How Not to Erase Credit Card Debt: A (hopefully) Fool Proof Guide to Debt Relief - by Submitted on Aug 12, 2010 from Cole CollinsIt’s a sort of American tradition to resist seeking the help of others, particularly for assistance with consumer finance and debt relief, which still strikes many residents of the United States as an essentially duplicitous arena best avoided by self respecting heads of household. ...
Views: 1836(2 votes) - How To Succeed When You're In Massive Debt - by Submitted on May 12, 2010 from Mark StevensonWhenever the topic of finance is discussed, it is important to note that everyone's situation is different and that financial advice should be tailored to an individual's particular circumstances with the help of a professional advisor. Everyday our mailboxes are flooded with advertisements, ...
Views: 1027(2 votes) - How To Tackle Unpaid Medical Bills - by Submitted on Sep 21, 2009 from Jen MorealIf you are suffering from piles of unpaid medical bills, rest assured that there are ways to assist you in dealing with your medical debt. What you need to be aware of, is that if you have unpaid medical debt, this can, and will, affect your credit score, which may become vital if you need to ...
Views: 2546(2 votes) - Sample Household Budget Forms – How a Home Budgeting Form Can Help Your Finances - by Submitted on Jun 03, 2009 from Keith GarrowPeople experiencing problems with personal debt are not the only ones who could benefit from proper budgeting when it comes to household finances. Finding a long term solution to debt does involve learning to control spending, but budgeting is a process from which anyone can get real benefits. ...
Views: 1332(2 votes) - The Truth About the Credit Crunch - Revisiting the 28/36 Debt-to-Income Ratio Rule - by Submitted on Aug 06, 2009 from Christopher MusicDo you know where the 28/36 rule comes from? If you have ever applied for a mortgage, you may well have wondered about where that 28/36 debt-to-income ratio rule came from that the mortgage broker talked to you about. And whether it makes sense... Read on to discover some surprising ...
Views: 1126(4 votes) - What to Do if You Are Being Sued for Debt - by Submitted on Mar 22, 2009 from Keith GarrowIf you genuinely owe money to a company and you do not pay it back in accordance with the terms you agreed, then the hard fact is that lender is perfectly entitled to sue you in order to get their money back. In borrowing the money, or buying things on credit, you will have signed an agreement ...
Views: 2088(4 votes) - Bankruptcy - How To Succeed 3 - by Submitted on Nov 15, 2009 from Peter RadfordGeographical Interpretations Australia In Australia, all forms of bankruptcy are governed by legislation that is entitled The Bankruptcy Act 1966 (Commonwealth). According to this, the act of becoming bankrupt is only available to individuals. In the case of companies classified as ...
Views: 1247(3 votes) - HOW TO STOP GAMBLING: Belief And Attitude - by Submitted on Dec 23, 2009 from J COvercoming A Gambling Problem involves many techniques and methods. Some are simple, some more complex. Some are external,such as our actions, and others are internal. Today, we'll be covering two internal aspects: Belief and Attitude. As you read on, you're going to discover how to better ...
Views: 2405(3 votes) - "The Reason Why It's Essential to Repair Credit with Debt Settlement" - by Submitted on Nov 02, 2010 from Joseph HernandezIt is very crucial to repair credit with debt settlement. Most consumers don't understand why. The biggest issue that i hear from my valued clients is: "If I negotiate my financial obligations with my creditors, I am afraid that my credit rating could get destroyed". I know. The truth is, if ...
Views: 1172(2 votes) - 5 Tax Debt Relief Strategies - by Submitted on May 28, 2010 from Khmer Lee LugodThere are different ways to pay off your tax debts and hiding from the IRS is definitely not one of them. Once you get notifications and phone calls from the IRS agents, it's time to take things seriously because the agency will not stop until you've settled your tax debts. If you're in the same ...
Views: 1909(1 vote) - Avoiding Personal Bankrutpcy - by Submitted on Nov 16, 2009 from Esther A.Even before deciding to file bankruptcy, which might tarnish your reputation, spend your precious time, and money, and put you into a stressful situation, why not consider avoiding bankruptcy. Find out how you can trim down expenses, boost earnings, bargain rates and put up for sale assets to ...
Views: 731(1 vote) - Bankruptcy - How To Succeed - by Submitted on Nov 05, 2009 from Peter RadfordOverview Bankruptcy may be defined as the legally declared inability of an individual or organisation to pay their creditors, who represent a third party which supplied, to the individual or organisation, a product or service for which they are legally entitled to receive full settlement. ...
Views: 1412(3 votes) - Bankruptcy - How To Succeed 5 - by Submitted on Dec 10, 2009 from Peter RadfordGeographical Interpretations Brazil In the case of Brazil, the Bankruptcy Law applies solely to private companies. However, there are a few specified categories that are deemed to constitute an exception, and these include: Financial institutions, credit cooperatives, those designated as ...
Views: 1261(1 vote) - Bankruptcy - How To Succeed 6 - by Submitted on Jan 11, 2010 from Peter RadfordGeographical Interpretations Canada Bankruptcy Process In Canada, the bankruptcy process is divided into three stages: Initiation Interim Discharge Initiation Stage An insolvent person may avoid bankruptcy by either establishing mutually acceptable arrangements with the ...
Views: 1904(2 votes) - Budget Problems? How to Make Sure Your Budget Works - by Submitted on Feb 12, 2013 from Samantha SeiffertFinancial freedom is attained if you can implement proper financial management. In relation to that, proper management can be done through effective budgeting. So if you want to achieve financial freedom, you need to make sure that your budget works. Unfortunately, not everyone is successful ...
Views: 1867(2 votes) - Chapter 13 Bankruptcy Plan - by Submitted on Nov 19, 2009 from JD KamatThe Chapter 13 Bankruptcy plan or sometimes referred to as the proposed plan, repayment plan or reorganization plan is the fundamental basis behind a Chapter 13 Bankruptcy. Unlike a chapter 7 bankruptcy, if you are filing bankruptcy under this chapter the intention is to be able to pay your ...
Views: 1051(1 vote) - Cost Friendly Weekends For People In Debt - by Submitted on Mar 11, 2013 from Samantha SeiffertWho ever said that you should stop having fun when you are in debt? Even if your budget is limited and most of your extra money is going to your debt payments, that does not mean you should suck out all entertainment activities. You can choose among many cost friendly activities that may ...
Views: 1592(1 vote)