Debt relief articles
Showing page 5 of 25 - There are 725 Debt relief articles
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- 2007-11-13 22:16:19 - Repair bad credit yourself
- In March 2005, the U.S. financial services industry succeeded in hammering the first nail in their plan to overhaul the nation's bankruptcy system. Repairing bad credit yourself will be more necessary than ever. After contributing millions of dollars to elect Republican candidates sympathetic to their big money interests, banks, credit unions, credit card companies and major retailers have succeed...
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- 2007-11-13 22:16:19 - Bankruptcy reform: designed to protect big business
- Who will benefit from the new bankruptcy reform laws? The financial services industry and other big business groups, that's who.These groups contributed millions of dollars to elect Bush and other Republican candidates in 2000 and 2004, with the goal of overhauling the bankruptcy system. They and other big business groups have continued to spend millions, rage arguments and lobby persistent...
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- 2007-11-13 22:16:19 - Different ways of dealing with debt
- Bills, creditors, debt collectors. Are you yearning for the days when all you had to worry about was the money in your piggy bank? If so, you are far from alone. Whether its illness, loss of a job, or simple overspending, it happens to the best of us. But that doesn't mean your financial situation needs to go from bad to worse.Steps You Can Take To Regain Control When Finances Get Out Of Ha...
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- 2007-11-13 22:16:19 - Benefits and drawbacks of bankruptcy
- Outlined below are some of the benefits and drawbacks of bankruptcy. It should be noted that bankruptcy is not to be entered into without first having sought professional advice.There is more to bankruptcy than as a way of finally putting an end to harassing debt collectors and creditors. One big side effect of bankruptcy being that your life is likely to be subjected to intense scrutiny....
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- 2007-11-13 22:16:19 - What is bankruptcy?
- Here is a useful guide to bankruptcy. It should be noted that bankruptcy is not to be entered into without first having sought professional advice.Bankruptcy is seen as the last resort. Bankruptcy is perceived to be the only way to escape the ever-constant demands for payment by bill collectors and credit companies alike.Bankruptcy is not something that should be rushed in to. Certai...
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- 2007-11-13 22:16:19 - New bankruptcy law ? where?s the consumer protection?
- On April 20, 2005, President Bush signed into law the Bankruptcy Abuse and Consumer Protection Act, a piece of sweeping legislation that brought about the most sweeping changes in personal bankruptcy law in the last quarter century. This bill, which takes effect in October 2005, passed with the overwhelming support of both par...
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- 2007-11-13 22:16:19 - Debt settlement : what you need to know
- Debt Settlement companies work with your creditors to help you reduce your unsecured debts though arbitration and negations. The important thing to realize about Debt Settlement is that it is a different type of program than Consumer Credit Counseling or Debt Reduction. Traditionally, these types of programs work with your creditors to lower your interest rates. Debt Settlement companies work with...
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- 2007-11-13 22:16:19 - Future secured? oh really?
- A headline for a retirement annuities flyer declares "Future Secured!" Was your reaction like mine? Yea, sure!Is our financial future ever that secure? Maybe for a few. But for the majority of us this is not true. Stock market changes, health costs and inflation fears all contribute to a sense of insecurityYou may have a good retirement pension and 401k plans but is it enough? How mu...
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- 2007-11-13 22:16:19 - How to choose a debt settlement company
- As consumer debt continues to spiral out of control, debt relief is fast becoming a major concern for many American's. In 1999, American's made $1.1 Trillion worth of credit card purchases. In 2001, American credit card debt hovered around $690 billion. Unfortunately, in today's unstable economic conditions, many American's are being forced to turn to credit cards as a way to extend their income. ...
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- 2007-11-13 22:16:19 - Questions to ask a credit counseling service about debt relief
- Debt relief is a topic on a lot of consumers' minds these days, and with good reason. American credit card debt in 2001 was $692 billion, triple the amount from 1989. In that same time period, the average credit card increase for a middle-class family was 75%. The amounts were even higher for low-income families and senior citizens. At one time, such a high amount of credit card debt would seem fr...
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- 2007-11-13 22:16:19 - Do it yourself debt relief
- With mounting bills and unforeseen hardships, you may be considering some form of debt relief. There are many options to help you, but the best may actually be you helping yourself. Here are some suggestions for starting debt relief and becoming more solvent.First, don't stop communication. While it is a natural response to stop answering the phone and let the mail stack up unopened, this d...
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- 2007-11-13 22:16:19 - How do you spell debt relief?
- Of all the problems possible in a marriage, finances cause the most marital discord. Many singles consider finances to be their most worrisome issue. Many times this is due to a heavy debt burden. Several options exist to help people get debt relief from their unsecured debts. (Unsecured debt is not linked with a physical asset. Therefore, credit cards and medical bills are unsecured debts; a car ...
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- 2007-11-13 22:16:19 - New bankruptcy law will not protect you from identity theft
- Recently passed by Congress with overwhelming support, the oddly-named Bankruptcy Abuse Prevention and Consumer Protection Act was designed to eliminate "bankruptcy of convenience." The perceived problem is that many compulsive gamblers, shoppers and drug users often run up huge debts on easily available credit cards with no intention of paying their bills. A relatively easy bankruptcy f...
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- 2007-11-13 22:16:19 - What does a bankruptcy trustee do?
- Once you file bankruptcy a court appointed bankruptcy trustee will oversee your case. The new law also requires that the bankruptcy petitioner to take a debtor education course and receive credit counseling from a U.S. Trustee approved non profit credit counseling agency.United States Trustees supervise the administration of the following cases filed under the Federal Bankruptcy Code:...
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- 2007-11-13 22:16:19 - Bankruptcy your best bet?
- Filing bankruptcy is a common practice among the U.S. Over 2 million people file for bankruptcy every year. So many families today are swimming in debt, which is not surprising with the amount of credit that is being offered. If you pay your bills, you're given the opportunity to run up more bills. For young people, this is often too much responsibility to handle. Many people choose bankruptcy in ...
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- 2007-11-13 22:16:19 - Utah, the nation?s bankruptcy capital
- Congress recently passed the Bankruptcy Abuse Prevention and Consumer Protection Act, designed to minimize frivolous bankruptcy filings and to require debtors to repay some of their debt. Once it takes effect in October, 2005, the law will make it harder for those with problem debt to have their debt wiped away by the courts. Most will have to agree to a five-year repayment plan. In passing this n...
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- 2007-11-13 22:16:19 - How to avoid medical collections
- With medical collections costing doctors millions upon millions of dollars in unpaid bills and collection fees, many people have just one question: Who are these people who are trying to stiff the doctors who delivered them from great physical pain (or the flu, hypochondria, not-so-white-teeth, or a nose that didn't look enough like Brad Pitt's)?Well, I'm here to tell you who these people a...
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- 2007-11-13 22:16:19 - New bankruptcy legislation may make it harder to find an attorney
- The recently passed Bankruptcy Abuse prevention and Consumer Protection Act will make it harder for people with problem debt to have their debt eliminated through filing for bankruptcy. This new legislation will make it harder to have debts wiped out by the courts, and will require more debtors to pay back some or all of their debts. Considered by many to be a gift from Congress to the major credi...
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- 2007-11-13 22:16:19 - Senate passes new bankruptcy law
- The United States Senate passed a law on March 10, 2005 that changes the bankruptcy laws in America. It is expected that the House of Representatives will look to pass the same bill in April, which will send it to President Bush for his signature. Since it is well known that President Bush will sign the bill into law, a new bankrupcty law is just one step away from ratification. This law makes it ...
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- 2007-11-13 22:16:19 - Student loans can?t be swept away through bankruptcy
- Bankruptcy is in the news these days, as Congress has finally overhauled the Federal bankruptcy law after years of talking about it. The credit card companies, rightly or wrongly, have been pressuring members of Congress to tighten the bankruptcy statutes, saying that too many people were willfully spending money they couldn't repay with the intention of avoiding paying the money back by filing fo...
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- 2007-11-13 22:16:19 - Credit card debt freedom is possible
- Credit card debt have you drowning financially? You're not alone. The average American household carries $9,205 in credit card debt, according to CardWeb, an online industry tracker. Not managed properly, this debt can come to eat up all of your disposable income leaving little or nothing for bare necessities. Some people in this situation respond by charging more but that will only get you furthe...
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- 2007-11-13 22:16:19 - Mandatory credit counseling for those considering bankruptcy
- Most Americans are aware of the sweeping changes in U.S. bankruptcy law that were made by Congress recently. These changes, strongly supported by the credit card industry, were designed to make it more difficult for Americans to file for bankruptcy under Chapter 7 of the Federal bankruptcy code. Chapter 7 allows consumers to essentially have all of their debts wiped away by the court. While many p...
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- 2007-11-13 22:16:19 - Yes to less debt
- Feeling stressed by the amount of debts you have? Three years ago Michelle was struggling on a nurse's salary. She had run up huge debts with a number of court judgments against her name. She longed to travel - a dream that she kept telling herself was impossible. It was clear to Michelle that she couldn't continue to run up debt, yet on payday she would rush out and buy new clothes to cheer herse...
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- 2007-11-13 22:16:19 - How to become debt free
- In today's consumer society it is all too easy to get into debt. If you have a few credit cards, car loan, mortgage and possibly student loans it can easily add up. If your income is reduced for any reason you could find yourself in serious financial difficulty.Your goal should be to become debt free. It is possible but will require a major change on how you think about money. You will also...
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- 2007-11-13 22:16:19 - Debt consolidation versus debt negotiation
- Debt consolidation versus debt negotiation are two options that are available to you if you need debt assistance. When your monthly bills become too much for you to handle, it makes sense to use debt consolidation or debt negotiation for solving debt and credit problems.Debt ConsolidationDebt consolidation services have prearranged debt repayment plans with most credit card and colle...
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- 2007-11-13 22:16:19 - Bankruptcy interest increases as deadline approaches
- Congress recently passed sweeping legislation that will significantly reform American bankruptcy law. Designed to eliminate the "convenience bankruptcy" of compulsive gamblers and the financially irresponsible, this legislation will make it more difficult for those seeking bankruptcy protection from the courts to have their debts relieved.Under current law, people who have debts t...
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- 2007-11-13 22:16:19 - Taking the plunge into bankruptcy
- Bankruptcy is one of the most difficult things a person has to do. The decision to file bankruptcy is a hard one. Is it moral to wipe your slate clean through bankruptcy? Is there any way for you to avoid bankruptcy? While everyone has their own opinion on bankruptcy, bankruptcy is often the only option some people and families have. So, what do you do when you are in the midst of being bankrupt? ...
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- 2007-11-13 22:16:19 - Bankruptcy: who is to blame?
- If you are considering bankruptcy as a solution to your financial problems, you are not alone. Bankruptcy is on the rise in this country as consumer debt piles higher and higher. Some people blame the creditors, making it too easy for most consumers to obtain credit. But creditors would argue that consumers have no sense of self control, taking on debt that they aren't sure they can repay. In real...
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- 2007-11-13 22:16:19 - Bankruptcy reform
- There are some new bankruptcy laws going into effect before long and many think they are much needed. Of course, that depends on which side of the bankruptcy you are a part of. Creditors are going to be the ones to benefit from the new laws, but there may be some helpful regulations for those filing for bankruptcy as well.The new bankruptcy code requires certain filing procedures that do se...
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- 2007-11-13 22:16:19 - Bankruptcy abuse
- Bankruptcy is little more than a smack on the hand these days. Creditors are certainly not going to look at you as a wise credit risk after bankruptcy, but that will probably not stop them from extending credit to you anyways. It seems a bit odd that consumers appear to be rewarded for skipping out on their debts through bankruptcy.We would like to think that anyone who files for bankruptcy...