Debt Settlement And Taxes - How A Debt Settlement Will Effect Your Taxes (The author of this article is not a tax attorney, CPA, or enrolled agent, and this is not to be considered tax advice. If you need tax advice, you should consult someone who is certified in this arena.Did you hear about Bill Gates? He decided to give away all his shares of Microsoft and start working at a car wash in Seattle. When Larry King asked him why he...more
Eliminate Unsecured Debt - How To Realistically Terminate Bad Debt I'm sure your answer is yes to this question. Yeah, you may want to loose your debt, but aren't sure exactly how to do this. Did you know that there are a lot of people in the United States who are in more debt today than we've ever been? We're also saving much less! That's right. Even though we make more money we're saving a lot less than our grandparents did! I know...more
Consolidate Your Debts And Get A Lower Monthly Payment Did you know that there are 44% of Americans who have debt that they can't pay? A study from conducted by the Federal Reserve shows that outstanding debt in 2007 has remained steady at $2.5 trillion. If we divide this amount to the total population of the United States, that' equivalent to $8,200 debt for every man or a woman, an adult or a child. In a recent study conducted before the passing of house bill 2669, it was found that 60% of all college graduates leave college with debt. The main reason for this was said to be the high cost of education. This is a big problem for a lot of students as they haven't been able to start a life yet but they are already burdened by the complications caused by their decision to continue schooling. The government has already tried to address the issue of education but what remains is the personal capacity of an American to manage his finances. Everywhere around the world, countries are getting bothered with the number of people who are spending well above their capacities and are thinking of filing for bankruptcy. In the United States, the number of people filing for personal...more
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