It is no secret that debt collections have their niche in today’s economy. With more people behind on payments and accounts sitting delinquent for months on end, many lenders are turning to third party collection agencies more than ever before. As a debtor, it is important you know your rights and how to handle these  … Read more

When it comes to dealing with your debt management, knowing the various options available to you is important. There are a variety of options, including credit counseling, debt negotiation, and debt management available, but knowing which is right for your particular situation will be key in helping you to solve it. Debt Management Options Knowing  … Read more

There are a lot of myths and pieces of misinformation surrounding bankruptcy, whether simple misunderstandings or deliberately misleading bits of data put out into the world by unscrupulous people. It’s important to know and understand these bankruptcy myths before even considering the massive undertaking that bankruptcy filing can entail. The Myths First of all, those  … Read more

If you are one of the lucky few that have extra cash on hand or are in a particularly secure financial position, congratulations. In these tough times, managing money effectively can be challenging, even if you aren’t at risk of foreclosure or credit debt trouble. One thing people consider when they have extra money lying  … Read more

Negotiating debts can seem overwhelming, especially if you are being hounded by creditors. Although you may not feel confident going into a negotiation there are some things you should know about how to deal with debt collectors. Take A Stand First, you are not a bad person and we all experience hard times. Financial troubles  … Read more

Defaulting on a debt payment is not a position anyone wants to be in, especially if you have property on the line. Missing a car payment can lead to repossession much faster than you might expect. Luckily, you do have some steps that can help you keep your property. Hitting The Brakes Having a car  … Read more

The bankruptcy process is quite helpful for many people dealing with financial hardship. Designed to provide relief for many types of debt, there are some specifics you should know about your debts and how they could be managed in bankruptcy. Types Of Debt The most common source of debt in bankruptcy is unsecured debt. These  … Read more

While it is tempting to dodge debt collection calls, we don’t suggest you do that; at least not initially. In fact, you need to answer a debt collection call to find out important information about your debt account. When we talk about avoiding debt collectors, we are referring to way to avoid getting yourself into  … Read more

It is estimated that the total household debt in America is now at $11.4 trillion. With such a lucrative market to find people in need of help, the number of debt relief scams have increased. However, new debt relief rules were introduced by the Federal Trade Commission in 2012 in order to better protect consumers  … Read more

People suffering from overwhelming debts are already facing many challenges. Likely experiencing a financial hardship, many people are working to find a solution to their financial troubles. The last thing anyone needs is to be harassed by debt collectors. Defending Debtors With the advancement in technology comes great responsibility, especially in your right to privacy.  … Read more