Incredibly, since the changes in the bankruptcy law in April 2004, debtors are more likely to petition for their own bankruptcy rather than their creditors! You would think that most people who have been threatened with the prospect of being made
You frquently hear about the Statute of Limitations but what exactly is it and how does it apply to you? In short, the Statute of Limitations (as far as debt is concerned) is the amount of time a creditor has to sue you to receive what you owe the
We are in the business not only to conduct your transaction but to provide advice and strategy for your future. To do this, we try to impart a certain level of education upon you, the client. We call these the “8 Facts to Sucessful Investing.” We
No financial planner would ever recommend a mortgage refinance (one form of debt consolidation) to get out of credit card debt. It is substituting secured debt for unsecured debt and you could lose your home over a bunch of unsecured credit card
While calls from debt collectors can be embarrassing, they shouldn’t be harassing, but do you know your legal rights?If it isn’t bad enough that you’ve lost your job or been out of work due to illness and the bills are piling up, now you
When you are negotiating with creditors, negotiate in good faith. Try to be fair to your creditors. Unless you enlist your largest creditors first, it is unlikely you will persuade the smaller ones.Be flexible because your creditors only wa
It is difficult to know when you might need to seek help with those high credit card bills and overall debt. You want to be self reliant and it’s hard to admit you need the help. Keep in mind, though, that the longer you let debt problems fester,
You’ve got some serious debt problems. Take heart in the fact that a lot of people do these days. The key to getting out from under debt is to evaluate the situation you’re in, and then to decide if you’re willing to do what it takes to change it
