While debt settlement isn’t for everyone, there are circumstances in which credit negotiations aren’t effective and debts are bad enough for bankruptcy. When a debt burden splits this line, settling debts directly with a creditor may  be an option. However, how you handle a debt settlement is extremely important in the outcome. In order to  … Read more

While most people have heard of debt negotiation or settlement companies, a lesser known expert in the field of debt negotiations are lawyers. Most people never think about the idea of hiring a lawyer to represent them in credit negotiations. However, having a qualified professional on your side can be highly beneficial. Legal Representation Most  … Read more

With so many ways to reduce debts on your own or go through one of many companies offering to settle your debts for you, it is hard to predict what the outcome will be. Most of us are hoping that we can gain some control over a reduced debt burden and get back to a  … Read more

Debt settlement companies offer services such as credit card negotiations, in which they act as a third party between the debtor and the creditor. They often seek to arrange lower monthly payments, reduce the overall debt owed or obtain a lowered interest rate on the account.  Although anyone maintains the right to  negotiate directly with  … Read more

When it comes to deciding about which debt relief option is best, the choices can seem endless. There are numerous options available, all offering enticing results. So how to do you know which is best for you? Debt Settlement To have your debts settled, you are basically requesting that your creditor agree to accept less  … Read more

Over the long-term, a damaged credit score can make life very difficult. It can be a challenge to get any kind of loan modification or receive refinancing approval. It is therefore imperative that borrowers who have been through a debt settlement, in order to avoid bankruptcy, pursue measures to rebuild their credit scores as early  … Read more

Debt settlement is not for everyone. While for some it may be the best option for handling rising debt problems, for others it could be problematic. Since the industry is largely unregulated, pursuing debt settlement can be risky. However, for some, it can be worth considering. For those struggling to avoid bankruptcy and foreclosure, debt  … Read more

If you are like millions of other Americans, you are currently struggling with many different forms of debt. You may have a mortgage that is gone underwater thanks to the housing crash, or you may simply have too much credit card debt that you cannot handle. Many people feel as though they cannot appropriately be  … Read more

Even with financial regulators coming down hard across the country on usurious credit negotiation companies, many people are still handing over thousands of dollars to settle outstanding debt. Debt settlement companies are almost always an inferior option to other debt settlement services and professionals. Debt settlement companies charge large fees Many debt settlement companies will  … Read more

Credit negotiations are not always successful, in which case you may be forced to seek bankruptcy protection. Once committed to filing for bankruptcy because of severe, crippling debt and hard-nosed creditors you will need to steel yourself for the tough road ahead. Bankruptcy can be a long, anguished process. Failure to do it properly can  … Read more