If you are drowning in tax debt, and payback is not a realistic option, you might qualify for the Internal Revenue Service’s Offer-in-Compromise (OIC) Program.  This debt negotiation program is the only way to settle tax debt for less than what you actually owe.  By no means is this the only way to get out  … Read more

While no one wants to be on the losing end of all the short sales going on in the real estate markets throughout the country, many people are jumping at the opportunity to be on the purchasing end.  Short sales can be great opportunities for you to be a buyer.  Banks are anxious to get  … Read more

If you are finding yourself bogged down in tax debt, and are beginning to consider what debt negotiation options are available to you as you deal with the IRS, you need to know about the IRS new expansions in the “Fresh Start” initiative.  According to a recent press release, the initiative will “help struggling taxpayers  … Read more

Perhaps you have the credit card company harassing you on every front.  If you’re in this unpleasant situation, and have at least some funds to start cutting back on your credit card debt, you could benefit from adding the skill of credit negotiations to your money management resume.  Credit negotiation is a key part to  … Read more

There’s a lot of talk in today’s financial circles about homeowners refinancing their homes and undergoing other kinds of mortgage modification processes.  The terms can be complicated and confusing for many.  Many homeowners find themselves asking if refinancing or mortgage modification is right for them.  Let’s cover some ground about what these phrases mean, and  … Read more

When it comes to tax debt, you have several avenues of recourse the IRS makes available to you as a debtor.  Debt negotiation is never pleasant, and bankruptcy is almost exclusively the only option that will result in complete absolution.  However you go about clearing your tax debt, prepare for some difficulties.  One option that  … Read more

Foreclosure is a very real and very scary word bouncing around news outlets today.  As a mortgage holder, you want to practice good money management practices to avoid foreclosure on your home at all costs.  Protecting your family by giving them a home to call your own is probably at the top of your priority  … Read more

You may be surprised to know that some of the loans you currently hold could be good candidates to consider for loan modification.  Loan modification occurs when both the lender and the individual receiving the loan agree to modify the terms of the loan.  If you are currently paying back a loan to a bank  … Read more

Distraught homeowners often do not know or understand their rights during the foreclosure process.  Many assume that once a lender initiates the foreclosure process, they must either bring the payments current or lose their home.  Many do not consider their rights as home owners as leverage for slowing or even stopping the foreclosure process altogether.  … Read more

When it comes to working your way through the mass of financial information and terms that’s thrown at you as a homeowner, you’ll probably find that good, clear definitions can be hard to come by.  With recent developments in government policies relating to short sales and foreclosure, many homeowners (especially those facing financial difficulties) find  … Read more