Thus, let's have a look at the downside of debt settlement and see if it's exact for you. We are aware that it will reduce you from a big portion of your debt but it has its drawbacks.Debt Settlement – Does It Make Financial Sense For You? By: pollstump About the Author www.CreditCardDebtNegotiations.com is a matchmaker in the debt settlement industry. They have paired up thousands of consumers up with debt settlement...more
Debt settlement companies are widely available in just about every state however some are just flat out more experienced than others in debt negotiation. That's why it's so important for consumers to use debt relief networks. These networks qualify and only accept the best performing debt settlement companies.How Debt Settlement Works - Breaking Down the Debt Settlement Process By: jerryarcher About the Author ...more
The Fair Debt Collection Practices Act (FDCPA) has a set of rules that determine what can be termed as harassment by the debt collector. Harassment can be either written or verbal. Calling you repeatedly at home or work place is a form of harassment. Harassing in any form is considered a severe violation of the FDCPA.According to the FDCPA the following are considered violations of the Act by the debt collector:Harassing by calling repeatedlyThreatening to use violenceUsing obscene or abusive languageCalling at work placeCalling after you request him not to callCalling but not giving name Sending notices that look like court noticesPublishing a list of consumers who have not paidTrying to extract payment over phoneGiving false identity of being an attorney A debt collector can call you if there is a genuine debt to recover. But debt collectors are often over- enthusiastic and may end up placing too many calls or end up using tough language. This is considered to be harassment. The FDCPA punishes harassment by debt collectors. The Act gives out specific guidelines on what is considered unlawful behavior. These guidelines protect consumer rights.If debt collectors obey the rules...more
Debt settlement companies are widely available in just about every state however some are just flat out more experienced than others in debt negotiation. That's why it's so important for consumers to use debt relief networks. These networks qualify and only accept the best performing debt settlement companies.Living Debt Free - Popular Debt...more
Debt settlement companies are widely available in just about every state however some are just flat out more experienced than others in debt negotiation. That's why it's so important for consumers to use debt relief networks. These networks qualify and only accept the best performing debt settlement companies.Living Debt Free - How to Cut Your...more
So, the message is, relax about paying taxes on canceled debt balances. That should be the least of your concerns if you're upside down financially. Don't let the misguided criticisms of financial writers (who haven't done their homework) discourage...more
If you have questions about the Fair Debt Collection Practices Act, or your rights under the Act, write: Correspondence Branch, Federal Trade Commission, Washington, D.C. 20580. Although the FTC generally cannot intervene in individual disputes, the...more
Almost all of the debt consolidation companies have websites, and most are just a phone call away. The prominent ones advertise on television and radio. However, it would be prudent for consumers to check with the Federal Trade Commission or the...more
Debt settlement companies are widely available in just about every state however some are just flat out more experienced than others in debt negotiation. That's why it's so important for consumers to use debt relief networks. These networks qualify...more
Choosing one of the myriad debt settlement companies is, indeed, a serious business. There are several things you will want to look into in advance. When it comes to picking a single firm out of all the debt settlement firms in existence, you can't...more
Most of us save a part of our income. Savings secure our and our loved ones happiness. In times of financial emergencies, savings bridge the cash flow gaps and allow an individual to fulfil his responsibilities without asking for help from friends or...more