What is debt settlement?At some point you may have owned money that is debt. When the debt is so large that you can no longer manage it with your income you may have tried debt consolidation, debt counseling, getting a home equity loan, and perhaps even Chapter 7 or Chapter 13 bankruptcy. All these are attempts to settle debt.Debt settlement is when the creditor and the debtor agree to reduce the balance of the debt, which is then...more
A pressing need to make money and that too quick money often makes people devise unethical plans that assist in earning money. Third party debt collectors are such people who devise ways and means to make fats money. In the process they resort to methods that are totally unacceptable and end up as law breakers.If you get calls from debt collectors, it means you are more than six months due on your payment. There may be good collectors who may...more
If you have decking installed in your garden and it has been there for a number of years you will no doubt be fully aware of the maintenance that goes with it. If you don't take time to maintain the decking you will find that it won't last more than a few years due to the adverse weather conditions that are experienced over the years.Considering the cost involved with decking it is somewhat surprising that people don't take more care of it but it is usually the case, in the hectic world that we live in, that treating decking properly is way down on the list of priorities.If you can resonate with this problem you will be pleased to learn of a new product that lends itself perfectly to the construction of decking and that is Ecodek. Ecodek is a man made material that lends itself perfectly to decking with advantages over traditional wood that are hard to imagine.It does not require any kind of maintainance whatsoever, apart from a wipe down every now and again. There is no requirement to treat it with any form of preservatives and it is guaranteed not to warp, split or rot in any way. Due to its environmentally friendly construction it is just about perfect in every...more
Stress and annoyance become you when you are a victim of debt collection harassment. You could become irritable and nervous to take phone calls expecting the calls to be from debt collectors. Original creditors can call you to collect the payments for debts owed by you. However, creditors do not pursue beyond a few calls and letters. They sell...more
The Offer in Compromise (OIC) program in the United States is an Internal Revenue Service (IRS) program that represents an agreement between the taxpayer and the IRS that settles the taxpayer's liabilities for less than the amount owed. You, usually use the checklist in the Form 656 to determine if you are eligible for this program. If you believe...more
There are many debt reduction solutions, but not all are created equal nor do all give the same level of benefits. When seeking solutions it's always best to find ones that fit your circumstances. In this article I'll present the two solutions that work best for people in most circumstances. After reading you'll have a clearer sense of how to move forward and solve your financial problems.Optimum Strategy #1 - Debt Settlement This solution involves negotiating a reduction or write-off of the total amount owed to the lender. So for example if you owed $10,000 and a settlement of 50% was reached, you'd see $5,000 wiped off your debt immediately. Sounds enticing doesn't it? And so it should; debt settlement is a very popular option these days because it works and it brings benefits very quickly.Optimum Strategy #2 - Debt Consolidation This solution involves the pooling of all your existing debt into one single amount and thereafter one single monthly payment. The benefit of this is that you don't have to deal with multiple lenders and you can see a reduction in the interest charged on the loans you had. There are big disadvantages with this method and below I'll slow you...more
The recession has left many consumers in a bad financial situation. It is hard to keep up with your payments when you lost your job for no particular reason or if you get paid much less but you work more. When you get a loan, you agree...more
Debt settlement is everywhere and you might have heard about it from a friend at work, read about it in the newspaper or saw one of the many articles about it on the internet. It has become very popular since the recession and although...more
Debt settlement attorneys can really be used for a number of reasons to be able to get out of debt. These are attorneys that work hard to be able to assist you in making your debts more affordable and being able to pay them off quicker as well....more
If you are looking to settle your debt for less, you should know that there are ways to do it and also save money. Here are some things which you should consider when looking to settle your debt.First of all, you will need to stop...more
Knowing how to choose a debt settlement company is absolutely essential in getting rid of a huge debt burden. Choosing the wrong company could get you in even further debt than you already are. In this short article, I'll reveal what...more
Debt settlement benefits can be so tough to find nowadays. And in these very tough economic times, it's tempting to bury your head in the sand and hope that your debt problems will go away. Believe me, I have done that many times but...more