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... Read More
Debt is becoming number one problem in the United States Today. The average American family has at least $8,000 in credit card debt and most college students who just graduate from college have $3,000 to $5,000 credit card debt in their first year after college.I love what the founder of... Read More
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... Read More
After October 17, 2005, a lot of people are going to become interested in debt settlement as an alternative to bankruptcy. That's the date the new bankruptcy law goes into effect, and it means a rude awakening for many consumers seeking a fresh start in bankruptcy court.It used to be... Read More
Bankruptcy is a legal way to offer folks with high interest debt a fresh financial start in life. In case you are considering personal bankruptcy as an answer to your debt problems, you are not alone. Bankruptcy is on the up and up as consumer debt explodes. Additional reasons for... Read More
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... Read More
Educating yourself about the ins and outs of debt negotiation is a good first step. Please note that the term 'debt negotiation' is also known as debt arbitration or debt settlement.For starters, a lender has little motivation to arbitrate anything less than the full amount unless the person is two... Read More
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... Read More
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 Bankrupt would be riddled with fear of the possibility.... Read More
If you have incurred substantial personal debt, consider these options: budgeting, debt consolidation, credit counselling from a reputable organization and working with your creditors. You will need to choose a debt reduction method that will work best for you? The method you use will depend on your level of debt,... Read More
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Happy Independence Day from The Money Motivator!If you don't celebrate... Read More
Congress recently passed sweeping legislation that will significantly reform American... Read More
Having trouble paying your bills? Getting dunning notices from creditors?... Read More
Debt is becoming number one problem in the United States... Read More
This method is simple, but requires some discipline.First, you have... Read More
When you find yourself thinking about using a credit counseling... Read More
Almost all Americans carry credit card debt. Actually, over 40%... Read More
Debt Settlement companies work with your creditors to help you... Read More
Living with debt is not something someone hopes for, but... Read More
In all the technical discussion you hear about credit... Read More
Educating yourself about the ins and outs of debt negotiation... Read More
Incredibly, since the changes in the bankruptcy law in April... Read More
Most Americans are aware of the sweeping changes in U.S.... Read More
Strictly speaking, his advice was preceded by another Heinlein maxim... Read More
As a single mother, lets admit it, times get tough.... Read More
Many Christians feel uncomfortable with the notion of being in... Read More
The New Year often brings with it a desire to... Read More
As vice president of the American Credit Foundation, a nonprofit... Read More
If you have found yourself in a position where you... Read More
With medical collections costing doctors millions upon millions of dollars... Read More
Do you want to reduce your debt? Having trouble paying... Read More
What is a debt management system, and when do you... Read More
If you've ever earned enough money to put some aside,... Read More
Getting Behind Getting behind on your debts owed can be... Read More
Anyone who embarks on a debt reduction program should know... Read More
At some time or another during our lives most of... Read More
For many, the word 'budget' immediately sends shivers down the... Read More
No, that's not a misprint. Even though falling interest rates... Read More
Lots of people take a large ammount of loans and... Read More
Bills, creditors, debt collectors. Are you yearning for the days... Read More
Credit counseling is a viable option for those who are... Read More
An IVA (individual voluntary arrangement) is an alternative to bankruptcy... Read More
There are many debt relief programs out there both off... Read More
Leaving school, getting a new job, or even a raise... Read More
Anyone who embarks on a debt reduction program should know... Read More
Are you still clearing a mountain of debt amassed last... Read More
For many, the word 'budget' immediately sends shivers down the... Read More
There is a law all smart people break.Parkinson's law.Parkinson's law... Read More
Having something tangible to strive towards can work wonders for... Read More
The idea of moving abroad to escape debt seems to... Read More
Debt Help is the stepping stone to debt elimination and... Read More
In March 2005, the U.S. financial services industry succeeded in... Read More
No, that's not a misprint. Even though falling interest rates... Read More
Bankruptcy is one of the tougher choices we as adults... Read More
Good credit is everyone's dream. A wise use of credit... Read More
WILL MY CREDITORS STOP HARASSING ME?Yes, they will! By law,... Read More
If your financial worries are preventing you from sleeping at... Read More
Filing bankruptcy is not only a last resort legal action;... Read More
1) Use your AssetsIf you have assets with some significant... Read More
As consumer debt continues to spiral out of control, debt... Read More
The Bankruptcy Abuse and Consumer Protection Act, signed into law... Read More
Massive debt is something many Americans face. Debt reduction is... Read More
On April 20, 2005, President Bush signed into law the... Read More
We've all heard the phrase, "You have to start somewhere."... Read More
Although many consumers would argue differently saving money doesn't have... Read More
Negotiations with creditors have failed. Repossession is imminent and foreclosure... Read More
I'm not sure where it originated, but I've heard it... Read More
The United States Senate passed a law on March 10,... Read More
Do you want to reduce your debt? Having trouble paying... Read More
Anyone considering Bankruptcy may have experienced fear after reading an... Read More
Bankruptcy laws give debtors a way to resolve debt by... Read More
Let's look at a real world example: A woman purchased... Read More
Strictly speaking, his advice was preceded by another Heinlein maxim... Read More
On April 20 of this year, President Bush signed a... Read More
Bankruptcy is little more than a smack on the hand... Read More
Next to winning the lottery, a debt consolidation loan is... Read More
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