When someone is at the end of their financial rope, the last thing they want to do is spend more money to file bankruptcy. Many people that are broke want to know if it’s possible to file bankruptcy for free. This is a question that is asked frequently on many online web and blog sites.… Continue reading The Word Free Gets Everyone’s Attention Even in Bankruptcy
Getting into debt is far easier than getting out of it. That’s really overstating the obvious but that’s how people get into financial muddles and messes that can ruin lives leading to depression, disillusionment and even result in loss of life. So, getting into debt is a dangerous situation that otherwise mar a peaceful, happy… Continue reading Debt – The Bane of a Happy Life
How much should I expect to settle on with my OIC? The answer to this is complicated. It is determined by multiple factors, which I will describe below. Background: When a borrower who has a bank loan, guaranteed by the SBA, goes into default, the borrower has the option of seeking protection by filing a… Continue reading SBA Offer In Compromise (OIC) Settlement Amount: How Is It Determined?
When the economy was at its peak, many consumers were spending beyond their means and piling on debt. By the time the financial markets began stumbling in 2008, Americans had accumulated over $12 trillion in debt. This fiscal suicide was propelled, in most part, by the credit crisis of that period. Homeowners had signed their… Continue reading In Over Your Head – How to Drive Down Your Debt
Debt Settlement People having huge debits, often are inclined towards a debt settlement also known as credit settlement, in which both the lender and the borrower reach to an agreement of settling the debt at a reduced amount, which will be considered as the final and full payment. Why a debit settlement lawyer? Many credit… Continue reading Credit Card Free Life And Debt Settlement – Understanding How To Spend Sensibly
If you think that your little credit card purchases will not hurt you at all, think again. Most people in debt started with that one purchase and soon found themselves in some really serious financial crisis. Debt, especially credit card debt can accumulate faster than you can imagine and it can lead to the potential… Continue reading This Is How Debt Ruins Your Life
How Does Being Under Debt Relief Ease Your Debt Burden? Being under debt review is a legal process that is included in the National Credit Act (NCA) of South Africa that was created to provide overindebted consumers a way to pay their creditors without being overwhelmed with their dire financial situation. While it can be… Continue reading What Is Debt Review and Does the Process Really Provide Relief From Debt?
No matter what business you own, whether it’s big or small, the fact is that at some stage you will eventually come across an issue like debt collection! So it’s important that you put in your best efforts in order to get this issue resolved before it gets worse! To get this done, you can… Continue reading Importance of Choosing the Right Debt Collection Agency
Financial liabilities can be very depressing. Debt can even ruin your whole life. These arrears can include household bills, credit card payments, hospitalization expenses, auto loans, and housing mortgage. The problem can be bigger if you fail to resolve any debt issues right away. Your goal should be to settle all these the soonest and… Continue reading How to Remain Debt-Free Forever
During your lifetime you are more than likely to experience some form of debt. With student loans, mortgages, credit cards and financing your car, it is a real possibility that during some period of your life you will owe someone else money. Over the last 10 years it has become increasingly more common to borrow… Continue reading Struggling With Debt?