Debt settlement is the practice of allowing a consumer to pay a portion of a debt, usually less than 50 percent of the total. The debt company then reports the debt as a zero balance. The money you save through a debt settlement is considered taxable income.When deciding whether to take the plunge into the debt settlement business there are a few things you must know. Debt consolidation saves your customers on interests occurring and they have a...more
It is nearly impossible for the average individual to go through life without accruing some type of debt. Most people do not have a problem with making their monthly payments on their obligations until either sickness strikes or a member of the family loses their job. Either one of these tragedies can play havoc on a family budget. For those who find they cannot meet the monthly bills, it is time to learn a few things about debt defense.Everyone...more
Making more money and paying down debt is the goal for many people in today's economy. If you're one of the people who have seen your income drop as you're laid off or reduced to part time status at work, then you understand.The only way you can keep up with the bills that are piling up and to get out of debt is to seek out other avenues for income. It's time to think outside the box and discover alternative means for keeping your family afloat.Before going any further, consider that you don't need to make money itself your life focus. Sure, money is important, but its place is to simply provide you that which is precious to you. Remember, making more money isn't really what you seek...You seek what enough money (which is different for everyone) can provide you. Money can stop the need for worrying about the necessities, it can give you a feeling of contentment, and it can give you the joy of providing for your loved ones."My rich dad... thought it foolish to spend your life working for money and to pretend that money was not important. Rich dad believed that life was more important than money, but money was important for supporting life." - excerpt from "Cashflow Quadrant", by...more
The tide of how money is managed has changed in the past few years. You can no longer rely on your credit cards for an emergency and your home appreciating in value cannot be relied on any longer either. Credit cards and home equity is something that we were able to count on in past years, but that is not necessarily the case now. The confidence in...more
You have a mountain of credit card bills, medical bills and personal loans to pay and creditors are hounding you to pay up each month. So it is time you get debt help. While there are many options and ways for you to tackle your mounting debts, getting debt help may be the first thing to do. Consider this scenario. You have four credit...more
When shopping for something as simple and trivial as a new pair of shoes, various question must have crossed your mind like “Do I look good in these shoes?” or “Do these shoes make my feet look fat?” So when you are on the hunt for something as serious and crucial as the perfect debt help specifically designed to assist you in getting rid of your debts don’t you think you should be asking more questions than you normally do when buying a new pair of shoes? After all, getting the kind of help that is suitable for your particular financial troubles is no joke. With the wrong advice and program, you might end up burying yourself in deeper debt than before. It would be like getting treated for schizophrenia when you are actually suffering from bipolar disorder. Many debt help companies offer programs that are tailor-made specifically to each individual’s particular predicament. Any good financial advisor is going to tell you that they cannot give you advice simply by looking at you walking into their premises. They will most probably let you enlighten them with specific details of your financial woes and will recommend the most suitable form of...more
Ifyou have a growing debt problem, maybe it is now time that you getdebt helpto clear up your mounting debt and get back to a solid financiallife. It is very easy to let your debt pile up when you do not takeactive steps to settle it all. However, it...more
Sometimesin life, we don’t really realize how much trouble we are in untilit comes knocking on our doors, repeatedly. Sometimes we just breezethrough life much too nonchalantly that we are unaware of theconsequences of our decisions especially...more
A table lamp is the perfect accessory to finish off a room. Whether you are looking for a touch lamp for the living room or a luxurious table lamp for the bedroom, of course you are going to need to learn about where you can go to purchase such a...more
Is it getting harder to make the minimum payment to reduce your debt? Debt reduction may help. Debt reduction involves consolidating all your non-secured debts, such as credit cards, medical and tuition bills into one monthly payment,...more
If you are running up a huge debt problem which you cannot resolve and are one step away from applying for bankruptcy, then it may be time that you consider debt settlement. If you have stopped paying your debts each month due to various reasons...more
A Brief Introduction to RefinancingMired in excessive debts with several credit accounts to your name that you are struggling to pay off? If yes is your answer, you should probably look for an effective debt settlement plan to help you overcome your...more