Debt relief articles
Showing page 7 of 25 - There are 725 Debt relief articles
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- 2007-11-13 22:16:19 - Bankruptcy - your fresh start
- Most American consumers are living too close to the edge. They are carrying too much credit card and mortgage debt and have too little in the way of savings. When the inevitable unexpected crisis comes along, they have little left to handle it and quickly slip into a critical financial state.According to many bankruptcy experts, most people file for bankruptcy due to life-changing experienc...
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- 2007-11-13 22:16:19 - Life after bankruptcy
- Bankruptcy and Credit - What Happens After Your Debts Are Discharged?Bankruptcy will remain on your credit report for ten years. But you may be able to get credit fairly quickly - almost immediately after a bankruptcy - although you will pay dearly for it.Due to anomalies in the credit scoring process, you're likely to have a better score than you had while you were struggling...
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- 2007-11-13 22:16:19 - Slowing spending - the key to your debt plans success
- Anyone who embarks on a debt reduction program should know the rules for success. There are two. You need to stop adding to your debt. You need to find extra money to pay it off quickly.You also need to know the deck is stacked against you. The sellers of goods and services have gobs of information at their fingertips. They know where you live. They have a close approximation of you...
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- 2007-11-13 22:16:19 - Credit card debt elimination
- Credit card debt elimination can be done with a good plan and a little patience. The important thing is to find what works best for you and stick to your plan. The rewards are well worth it and you'll save yourself a lot of money in the process.You can choose to either start paying off the credit card with the highest interest rate first or you can get rid of the credit cards with the small...
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- 2007-11-13 22:16:19 - How to negotiate debt settlement
- People over extend themselves financially as a result of a change in their lifestyle. In today's economy were company mergers, and such; creates a displacement and hardship to the major of the workforce. This event leaves good people without a decent source of income to sustain their lifestyle and cope with everyday living expenses. Good people such as these are looking for alternatives to solve t...
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- 2007-11-13 22:16:19 - Is it possible to be sued for my debts?
- It is possible for creditors and third-party collection agencies to use legal means as a way to collect debts. The likelihood of being sued or having your wages garnished depends largely on the creditor that is owed money. It has been my experience that certain creditors are more prone to legal action than others.Traditionally, creditors seek legal action only if there is a considerable lac...
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- 2007-11-13 22:16:19 - Is my credit card debt a problem?
- For most Americans, credit card debt is a dangerous and growing problem. The average American family has more than $8000.00 in credit card debt and spends more than they earn on a annual basis. Credit cards can be useful tools when they used properly, but more and more Americans are getting in over their heads and threatening their financial futures. It is important to realize that just because yo...
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- 2007-11-13 22:16:19 - What is bankruptcy?
- Personal bankruptcy is a legal way to give people with overwhelming debt a fresh financial start. However, it is important to realize that certain forms of debt, such as student loans, are not forgiven through the bankruptcy process. Bankruptcy can have a devastating impact to your credit report and credit score. Bankruptcy will often remain on your credit report for as long as 10 years. During th...
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- 2007-11-13 22:16:19 - Debt
- We all know about debt. If you don't have too much as an individual you can increase the quality of your life, but with more than you can handle it can make your life a nightmare.There are two kinds of debt. Usually it is personal and used to buy a depreciating item such as a car or entertainment. Today a car has become a necessity, but it doesn't mean you have to buy a new one every 2 year...
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- 2007-11-13 22:16:19 - Turning bad debts into good debts through investing fundamentals
- If you've ever earned enough money to put some aside, like most people you've probably invested it with an eye toward security ? since, perhaps, you can't imagine yourself ever getting rich."Most people dream of becoming rich, but it isn't their first choice," Rich Dad said. That's because the effort to make money and uncertainty of becoming rich disturbs them and they seek refuge in the ea...
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- 2007-11-13 22:16:19 - Personal bankruptcy: last option to legally stop bill collectors
- Do you have stacks of unpaid bills?Are you in debt?Are bill collectors hounding you?Are you frustrated and annoyed and wish to get them off your back?If you answer yes, then pay close attention.Filing for a personal bankruptcy may be the last option for you.Sometimes, the formal and legal declaration of personal bankruptcy is the best way to go when you're...
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- 2007-11-13 22:16:19 - The 7 secrets to getting?and staying?out of debt
- As vice president of the American Credit Foundation, a nonprofit organization that helps individuals and families manage their debt, Mike Peterson knows firsthand how financial problems can wreak havoc in one's life. Each day, counselors at the Midvale, Utah-based foundation help desperate clients dig themselves out from under piles of unpaid bills, stern notices from collection agencies and omino...
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- 2007-11-13 22:16:19 - Credit and debt relief--a one stop solution
- Amy Wright, 34, was extatic when her realtor showed her the three bedroom townhome overlooking the lushious golf course. It was exactly the home she was looking for. The interior was sunny and bright, with a newly remodeled kitchen, spacious bedrooms, and the perfect little study area to set up her new home office. It had a spectacular pool and a lovingly tended flower garden. Best of all-the sell...
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- 2007-11-13 22:16:19 - The simple $10 debt elimination solution
- Ask a friend what resolutions they made for 2004 and your bound to hear them reply "Pay off my credit cards." Ask them how they planned on reaching that goal and many of them will not have a clear cut answer.The obvious first step to paying off credit card debt or paying down credit debt load is to cut back or eliminate the use of your credit cards. For some people this first step...
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- 2007-11-13 22:16:19 - Debt collectors: men or mice?
- Who are these people anyway? They viciously harass you and call you bad names. They embarrass you beyond belief by leaving detailed messages with your neighbors and at your workplace. In extreme cases, they have been known to stalk you!Debt collection agencies are hired by your creditors to do their dirty work. If they get you to pay, the debt collector usually gets a percentage of what you...
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- 2007-11-13 22:16:19 - What is a fico score?
- Your FICO score or credit score as it's commonly called is a very important calculation that can control whether or not you are eligible to receive credit and if eligible the terms you can receive credit under. Failure to understand the impact this score can have on you future purchasing power and lifestyle can be disastrous. This article will break down all the information you need to know regard...
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- 2007-11-13 22:16:19 - Is there any way to get out of debt?
- In this era where we are bombarded daily with commercials on television, radio, billboards, through email, not to forget the flyers slipped under the car's wiper blades while shopping at the mall, it's no surprise that so many of us find ourselves endlessly in debt to the services and products offered by others. How can we refuse, when we're baited with the juicy orange carrot of '0% APR' up to a ...
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- 2007-11-13 22:16:19 - What is a chapter 13 bankruptcy?
- Many consumers that are bogged down in debt frequently turn to bankruptcy as a form of restoring their financial status back to a zero balance. Unfortunately many of these same consumers are confused when it comes to the difference between a Chapter 13 bankruptcy and a Chapter 7 bankruptcy. This quick article will explain what a Chapter 13 bankruptcy actually is and what it does for a consumer tha...
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- 2007-11-13 22:16:19 - Top ten reasons people file for bankruptcy
- 1. Eliminate the legal obligation to pay many of your debts.This process of wiping the slate clean is called a discharge of debts. The goal of a discharge is to reduce debt to give you a fresh start. Whether it is through straight bankruptcy (Chapter 7 Bankruptcy) or through reorganization (Chapter 13 Bankruptcy), most or all of your debts can be cleared.2. Stop foreclosure on you ho...
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- 2007-11-13 22:16:19 - Bankruptcy, is it a way out
- Negotiations with creditors have failed. Repossession is imminent and foreclosure proceedings have begun. Your income is simply not sufficient to pay your bills, no matter how low the payments are. It may be time to consider bankruptcy.Bankruptcy law evolved as a reaction to the abuses surrounding debtors prison. Before the nineteenth century a prison system existed for those who didn't pay...
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- 2007-11-13 22:16:19 - Debt collectors; and what you can do to get them out of your life
- FTC opinion letter on validation Section 809(a) of the FDCPA, 15 U.S.C. § 1692g(a)This will be a pretty long lesson and will cover an integral part of validation which is the receipt of the initial or first contact with the debtor by a collector which usually gets thrown in the trash can if the debtor has not the funds to pay. That is a very serious mistake. One should ne...
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- 2007-11-13 22:16:19 - Start small and your wealth will get bigger
- We've all heard the phrase, "You have to start somewhere." Nothing could be truer of creating wealth and prosperity in your life. Sometimes the idea of becoming wealthy can seem so overwhelming that we don't know where to begin. After all, if we're up to our eyeballs in debt or barely making it, how can we possibly think about getting wealthy?Start small. This is one of the greate...
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- 2007-11-13 22:16:19 - Mr. cheapies frugal budget tips
- So you feel like a hamster spinning your wheel? The faster you run, the faster the wheel spins. Just when you get a raise, you notice the price of hamster wheels jumps!Mr. Cheapie is here with his super-charged budget-cutting tips.One of the biggest wastes of money is restaurant meals. You can cook a meal at home for about 2 cents a plate. Just put leftovers in the microwave, and Pre...
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- 2007-11-13 22:16:19 - The 5 secrets to getting out of debt fast
- As they stare down at a teetering pile of bills, so many consumers wonder how they racked up such a large debt. The answer boils down to simple mathematics."On a basic, fundamental level, the problem is created by spending more than you make," says Brad Stroh, co-CEO of the San Mateo, California-based Freedom Financial Network, LLC, a company that specializes in debt resolution se...
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- 2007-11-13 22:16:19 - Should you invest in savings or payoff your debts?
- I have faced this financial question 8 years ago and recently I have friends asked me this same question. I think I should write it up so that it may help some of you that having the same situation.The decision whether to invest your monthly excess cash into savings account or paying off your debt is a tough one.There are few factors you need to consider before you make the decision ...
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- 2007-11-13 22:16:19 - Dealing with thingitis
- Debt is quickly becoming an epidemic in America. However, through the past 50 years, America has not seen such large domestic growth. Its citizens have higher salaries now than their predecessors, yet personal debt continues to rise.Why is this happening? I believe that the number one reason of increasing personal debt is a disease that I call thingitis.What is Thingitis?It is...
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- 2007-11-13 22:16:19 - Hide that car! fighting the repo man
- Vehicle repossession may appear justified in circumstances where a person is generally being irresponsible and otherwise able to meet this financial obligation. However, what about that hardworking guy or gal who paid their automobile note dutifully for three years, and missed one payment? Why should their car be repossessed?Basically, the lender owns your car until it is paid in full. Ther...
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- 2007-11-13 22:16:19 - Creating a realistic budget
- Budgeting -- ooh, what a scary word! If you want to frighten someone whose finances are out of control, suggest that they tally up their expenses on a piece of paper. We all understand the value of such an exercise, but when it comes to the practicality of putting a budget together, we get cold feet. Budgeting doesn't have to be so painful, when you have a systematic series of steps to follow....
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- 2007-11-13 22:16:19 - Free quick and easy money saving tips ? part 2
- Although many consumers would argue differently saving money doesn't have to be difficult. In fact by making just a few changes in your normal lifestyle you can find ways to free up extra cash that can be put to better use in a savings account or an investment account. Finding ways to save an additional 5 dollars a day can lead to a more secure financial future in the long run. I have compiled som...
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- 2007-11-13 22:16:19 - Free quick and easy money saving tips ? part 1
- With the high cost of gasoline and the amount of money needed to lead a comfortable life slowly increasing many consumers may be worried about how to make ends meet. Fortunately there are lots of ways to save money in a variety of areas. Using any of the 5 tips outlined below will leave a little something extra in your bank account at the end of month and eventually could influence the quality of ...