Debt Settlement Tax Relief – How Settling Debt Will Affect Your Taxes If I settle my credit card debt, how will these significant savings affect my taxes?This is an interesting question when considering how to get out of debt.In general, the IRS considers $600 or more of debt which is forgiven or discharged as income. This mean if you owe $50,000 in credit card debt and settle it for $20,000, then the $30,000 difference (savings) is...more
How To Eliminate Unsecured Debt – A Legitimate Solution While it is of course true that no debt is good debt, unsecured debts are distinctly preferable because there are more options open to you when it comes to getting rid of them. Finding remedies for unsecured creditors is not difficult, because there are two very well established approaches to dealing with serious amounts of unsecured debt. Let us first be clear about what unsecured...more
Debt Settlement Information – Fact Vs. Fiction With the economy failing, consumers are finding their unsecured debt rising, coupled with limited resources to pay. What options do you have as a consumer to save your credit and avoid bankruptcy?The good news is that you have options, but with all of the companies out there trying to make a quick buck, it is in your best interest to educate yourself to avoid being scammed. Countless articles on the Internet warn consumers of unscrupulous credit counseling and debt settlement companies. They are completely different services and can benefit you in different ways. Researching these options and educating yourself before you choose the right option for you can save you a lot of time & money.Many articles on the Internet misconstrue what debt settlement and credit counseling services offer and focus on how these debt relief options may make your situation worse. Some articles claim that both solutions can be costly and dangerous. The truth is that if you choose a company that has high fees and does not have the expertise or established relationships with creditors, you could be asking for trouble. Any service company you use...more
Debt Elimination Strategies – The Best Ways to Eliminate Debt Debt is a problem that can spin out of control if it is not taken care of properly. As debt is allowed to grow, a person's ability to pay it down becomes considerably more difficult.While it is true that just making minimum monthly payments will eventually lead to a debt free...more
Debt Settlement Facts – The Truth About Debt Settlement Debt settlement finds a way to negotiate with the lenders to waive off certain percentage of the outstanding balance with the borrowers. A portion of the amount is paid off at an agreed upon settlement amount. This process can be very effective if a third party settlement services...more
Debt Settlement – How Much Debt Can You Get Rid Of On Average? I'm often asked by subscribers, "What percentage of a debt is typically accepted by creditors in if I do debt settlement?"This is a great question, and it's important to set the right expectation when considering debt settlement. Many of the fly-by-night companies who have started up in recent years who have no real track record settling large volumes of credit card debt often dupe consumers into enrolling into their shady programs by offering unrealistic promises which are never met. Stay away from start-ups full of big promises because the "too good to be true" programs they offer will end up costing you much more than you ever expected to pay if you enroll with them.Below I'll list the actual average settlements the industry leading debt settlement companies are seeing for credit card debt other types of debt that may be included in debt settlement programs. Watch out for ANY promises made by new companies (less than five years old) based on estimates lower than these. Such "newbies" are rarely ever even able to mach these industry leading numbers and usually settle for much more. First, let me provide a...more
Debt Payment Plans – A Realistic Plan To Get Out Of Debt Debt payment plans are a way of consolidating your debts into an affordable monthly payment. They are generally known as debt management plans, and are a widespread and successful way...more
Thanks Card Debt Assistance - Having Debt Assistance Easily with Quickly Are you in call for of thankfulness card debt assistance on the way to finally assist you in experiencing out of thankfulness card debt. As of recently a lot of Americans...more
4 WAYS OUT OF DEBT So many people cry daily, weekly and monthly whenever they receive their wages or salary because they are once again coming back to their reality that their take home pay is not taking them home. The truth is no amount of...more
The purchase of HCG diet drops is definitely making its way as an alternative method of weight loss. HCG is an abbreviation for Human Chorionic Gonadotropin. It is a natural hormone that is found in pregnant women. This hormone is heavily diluted...more
What are the reasons to purchase American Eagle Gold Coins? The American Eagle Gold Coins are officially minted bullion coins. They are created using the identical standards of using twenty-two-karat gold which was implemented more than three...more
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