Archive for January, 2010
Is Bankruptcy Right for Me?
Sometimes its best to ask yourself some simple questions:
What if you could possibly eliminate your debt without permanently damaging your credit? What if you were given a chance to have a fresh financial start? Bankruptcy may not be the right decision for you, but you owe it to yourself to become educated about all of [...]
Guide to Reducing Debt
Millions of Americans out there have paid off significant credit card debt. Now it’s your turn. In short, your get-out-of-debt goal is to assess, organize, attack, and then lather, rinse, repeat until those balances are down to $0.
Don’t worry; we’re with you every step of the way.
Here’s your six-step action plan for getting your debt [...]
Practices that are Off Limits to Debt Collectors
Harassment. Debt collectors may not harass, oppress, or abuse you or any third parties they contact. For example, they may not:
use threats of violence or harm;
publish a list of names of people who refuse to pay their debts (but they can give this information to the credit reporting companies);
use obscene or profane [...]
Common Myths About Foreclosure
MYTH: My mortgage company would rather foreclose on my home than keep me in it.
The mortgage company sustains an average loss of about $58,000 when foreclosure occurs (TowerGroup study). They are in the business of providing mortgages – not owning or selling homes – and would always prefer to keep you in your home. By [...]
