Some consumers who are in financial distress attempt to deal with credit card companies, bill collectors, and credit card collection attorneys to resolve their accounts. Sometimes it is possible for a consumer to settle their own debts. In addition to being an unpleasant process, results…
Your State Law Directly Affects Your Debt Settlement
Whether or not to become involved in debt settlement in order to resolve and relieve your financial difficulties is one of the most important financial decisions a distressed consumer may have to make. The consumer must first decide if debt settlement is the appropriate remedy…
Debt Settlement Companies—A Bad Choice
Financial difficulties can befall almost anyone. Dealing with constant calls from bill collectors, receiving collection letters from creditors, and living with ever present fear that complete financial collapse is just around the corner is a way of life for far too many American consumers. A…
Debt Collectors—Egregious Threats
The debt collection industry in the United States is rife with unscrupulous, dishonest operators who use almost any means including lies, deception, and harassment to collect money from American consumers. Although limits have been imposed on bill collectors by the Fair Debt Collection Practices Act…
Some Misconceptions About Bankruptcy
Sometimes American consumers who, usually through no fault of their own, are struggling with oppressive credit card and other debt look to filling Chapter 7 (Liquidation) or Chapter 11 (Re-organization) bankruptcy as a means to resolving their financial difficulties. Bankruptcy is not a panacea and…