Posts Tagged ‘debt settlement’

Bankruptcy Fraud – What Is It?

We have often heard about bankruptcy fraud – a term often used by legal bodies. Any type of fraud is considered, in the USA, as a Federal crime. Bankruptcy is basically a legal way whereby a person or company is exempt from paying any of his/her/their debts due to a lack of finances. When a [...]

Bankruptcy Myths

There are many bankruptcy myths that you need to clarify before going through the process. You might be filing for bankruptcy governed by one or more such myths and it will be too late when discover reality after you complete the process. One of the most popular bankruptcy myths is that you can start with [...]

What Is The Credit Debt Solution?

When you are indebted beyond your means you will desperately seek the best possible credit debt solution. However, this is not only one! There are at least three that come to my mind right now, and I hope you will find them helpful: 1. Live frugally. Hard measures in hard times. As soon as you [...]

Debt Consolidation Tricks You Should Know About

Debt consolidation is a last resort for some, and the best saving route for others. What does it mean to you? Debt consolidation is read by the credit bureaus as a negative; the fact that you need to consolidate your debts in order to repay them, means that you have not planned your finances well, [...]

The Fair Debt Collection Practices Act – Your Best Friend

You will understand the importance of the Fair Debt Collection Practices Act only when you are plagued by debts. When you are weighed down by debts you will suddenly find that the whole world has turned hostile. Many creditors, in their desperation to recover their money, will employ a third party collection agencies. Others revert [...]

Debt Settlement – the downside

What can you do when the bills due amount exceed what you earn as income? You have two ways to go; 1. Declare bankruptcy and fight your way to a good credit score through the following 7-10 years; or 2. Sign up with a debt settlement agency that can help you come out from under [...]

Debt Settlement – Is this Good or Bad?

People are often divided on debt settlement. Is it a good thing to do? Or is it something that will precipitate a bad credit score? The answer depends on the circumstances of the person seeking debt settlement. If the person’s first concern is to raise the credit score, then debt settlement is not the right [...]