Debt negotiations are one way to resolve your debt troubles without the need for debt settlement or bankruptcy. However, not all negotiations are the same. Negotiations largely depend on who your creditor is and what type of debt you are attempting to negotiate. In general, secured debts versus unsecured debts require different negotiation strategies. Secured  … Read more

Creditors can be very persistent in their collection efforts. Many even go to extremes by contacting you several times a day or by cell phone. They can be intimidating and some have made threats or used abusive language in efforts to collect on a debt. Fortunately, you have rights that can protect you against such  … Read more

As the holiday season approaches  many people are beginning to think about gifts for family members. The sad truth is that many more of us are also thinking about how we are going to pay for these gifts during these tough times. With the national debt-to-income ratio hovering near 150 percent, people could use a  … Read more

The biggest problem with overwhelming debt is not knowing how to get out of it. Many times it can seem like you have few options and that the situation is hopeless. Although many people know of the bankruptcy option, many fear it because of common misconceptions associated with it. Options outside of bankruptcy include direct  … Read more

Negotiating with creditors can be tough business. They may not be willing to participate at first and  may leave you feeling like you will not be able to obtain a deal. Since credit card negotiations can be difficult and time consuming, many people find it beneficial to hire a debt negotiator. However, not all companies  … Read more

Navigating your way out of debt isn’t always easy. Between choosing the best debt reduction strategy and knowing when to seek help, you have your hands full. Many people are able to successfully reduce their debts and regain control over their finances, but for some this may not be the case. There are a few  … Read more

No one likes to get the call from a creditor. They can be abusive, intimidating and even threatening. A common strategy for dealing with creditors is to ignore their calls and collection attempts. While this strategy may provide you with peace and quiet, it is a harmful strategy that will likely cause more trouble in  … Read more

So many Americans are struggling with overwhelming credit card debt and many are finding themselves experiencing significant consequences at the hands of that debt load. Fortunately, there are several options available to help get yourself out of debt. Credit card negotiations can be a great tool when looking to reduce your debts without the need  … Read more

In the past, debt collectors only had home phone lines and the mail system to contact debtors to collect on debts. As times have evolved, many have begun to call cell phones, send text messages and even email collection notices to debtors. With increased regulation of debt collection practices comes innovative ways to collect. Many  … Read more

When trying to avoid foreclosure the options can become overwhelming. Between mortgage modifications, short sales and deed in lieu of foreclosure, it can be difficult to know which to choose. In general, a deed in lieu is a fast and relatively easy way out from under a mortgage debt. However, there are certain aspects to  … Read more