Debt – most of us carry some debt. We use our credit cards and we have full intent of making the payments. However, sometimes things don’t go according to plan. Something happens in our lives that make it impossible for us to keep our commitment to pay. If you are in debt and you can’t […]
A short sale is in which the proceeds from selling the property is less than the balance of the mortgage. Unpaid balances owed to creditors are called deficiencies. Once the application is approved by the lender, there are no deficiencies permitted after the process, unless specifically agreed to between the lender and the homeowner. Foreclosure […]
What you do with your money says a lot about you. It paints a more accurate picture than you might think. Are you a sacrificial, giving person or are you a selfish hoarder. While we don’t ever WANT to admit our own human condition, we must if we want to change it. Whatever degree your […]
Are Debt Collectors Harassing You? When you made credit card purchases you had full intent of making the payments. However, with a loss or drop in income or an increase in your cost of living, that’s no longer possible. Every day people face unforeseen problems such as illness or job loss that leave them with […]
Are you stuck with an IRS debt and don’t know what to do? Take a look at your situation and determine if you qualify for a penalty abatement, it’s the easiest way to go about eliminating or reducing your debt. If this is the first time you’ve had issues with the IRS, you can easily […]
The Fair Debt Collections Practices Act prohibits certain types of “abusive and deceptive” behavior by collectors: They must cease tying to communicate with you after you’ve given written notice that you wish no further communication or refuse to pay. Hours for contacting you: 8 PM to 9 PM (Your local time). Contacting a consumer that […]
Starting a new year for most people is a sign of renewal or a second chance. That’s probably why a bankruptcy attorney will get many phone calls from people interested in filing bankruptcy. This doesn’t mean people will act on it, but it shows their concern for their dire financial situation. This year, the economy […]
If you can no longer make all the required monthly payments, you can contact your creditors. Explain to them your situation. Creditors will appreciate your honesty and are usually willing to assist by lowering the interest rate or by extending the loan term. Help has arrived to millions of homeowners who are experiencing financial hardship […]
Several years ago, I looked at this mountain of debt totaling a good $30k. I saw my bills, I looked at the massive amount I owed, and thought to myself… Where did it all go? When I looked around, I didn’t see anything worth a lot. I had a car, but it was on loan. […]
There are a great many ways to overcome a debt with the IRS. All of them are legal and if you find the right organization to assist you, you’re going to find it’s an easy and affordable process. First things first; you need to know how you may be eligible for programs the IRS offers […]
