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 [...]
Read Full Post | Make a Comment ( None so far )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 [...]
Read Full Post | Make a Comment ( None so far )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 [...]
Read Full Post | Make a Comment ( None so far )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. [...]
Read Full Post | Make a Comment ( None so far )
