If you start a survey on the present economic scenario of the United States you will find that most of the American citizens are reeling under tremendous debt issues. They all are looking for the best help from the government. However, the US government has not been totally successful to assure the US citizens that they have the best answer for the breathtaking financial crunch. However, the government knows that the debt settlement companies are...more
Not every person is smart or knowledgeable about debt relief . Such people need more serious kinds of help such as case credit counseling, a debt management program, or debt settlement or some other types of solutions. Taking debt or undergoing through it is not bad unless you are not well prepared or mentally stuffed with information about debt relief or other terms related to debt. As per the reports lots of people are able to get out of debt...more
Greenshield Financial Services and its employees recently celebrated a major milestone of debt relief for their clients: $60 million dollars of debt settled to help pursue debt-free lives.Greenshield reached this landmark figure just over two years after they opened their doors in Allen, Texas as a Financial Health Management Company. The debt settlement provider sees the accomplishment as part and parcel of an ongoing commitment to its mission to help clients resolve their debt and rebuild their financial health.Greenshield provides debt relief by negotiating settlements with credit providers. This helps clients reduce their unsecured debt for items such as credit cards or medical bills. The company also provides its clients with online tools, resources, calculators, and educational articles that can help guide them to strong financial health in the long term.The company hit the ground running, passing a million dollars worth of debt relief by July 18, 2008, and soon that number grew to 5 million in October. Only a year into business, Greenshield settled $25 million dollars of unsecured debt for its clients. By the end of their second year, the company had settled a total of $45.2...more
You might think that debt relief is the most common dream - but this is a fantasy that can come true. For a debt-ridden man, debt consolidation is a solution among many others; but did you know that it is actually possible to avoid getting into this problem in the first place?By changing your lifestyle and developing a different mind set, you can...more
Debt settlement is a legitimate alternative to filing bankruptcy and often makes sense for consumers on the verge of bankruptcy. There are also other debt relief options available so it would be wise to speak with a debt relief specialist to go over your different options. For a free consultation from a debt relief specialist in your area check out...more
For most people in this world today, the hardest challenge is to curb their temptations, wishes and desires. Perhaps, it is not so hard to maintain the basic necessities of the day than it is to maintain a lifestyle that your income cannot support. We are bombarded with news and images of beautiful, fantastic and desirable things of this world. People were never this materialistic ever in the history of mankind. It is this phenomenon of materialism that has led people and nations indebted with huge amount of money - plus the heavy interest that they have accumulated over their loans.People never used to be this money-orientated, and materialistic before in the olden times. It is just because of the materialism that large population of people are under lot of debts of huge amounts of money. On top of that, they pay heavy amounts in the name of interest along with the debts.However, it is possible to avoid the debt trap if people start getting aware of the fact that they need to have a realistic approach to their lives. Their lifestyle should reflect their thinking and what they believe in; it should be according to what they earn. Everyone dreams of a fantasy lifestyle, but one...more
What to know about the major players in debt settlement help if making good financial decisions is important. Financial obligations impede on the budget of families, individuals and businesses. People who make debts need to choose wisely among...more
The Fair Debt Collection Practices Act, also known as the FDCPA, is a law, which was passed by Congress that regulates the methods collection agencies, can use to collect money from debtors who are behind on their payments. In the past many...more
According to the latest statistics:- A third of us have nothing left in our bank accounts at the end of the month - An estimated 4.8 million adults spend more than they earn every month -A further 9 million just about break even when they get their...more
IVA - Frequently Asked Questions ( Formal Debt consolidation )Common questions regarding IVA's (Individual Voluntary Arrangement's)An IVA is a legally binding arrangement supervised by a Licensed Insolvency Practitioner, the purpose of which is to...more
According to ACORN, African Americans and other minorities were, and still are, disproportionately targeted by predatory lenders. They are burdened with significantly higher interest rates than their white counterparts, even when median income levels...more
How to choose the right debt settlement companyI suggest a settlement company that uses a law firm and not an arbitrator when dealing with your creditors. They typically have a higher success and satisfaction rating. A good question to ask is who...more