When a client and their attorney file for bankruptcy it is not automatically presumed that everything listed on the petition is the exact truth. Attorneys generally will not file any claims knowing they are not accurate, but then again, the attorney is relying on the client’s honesty to insure all the appropriate information is available. In the majority of bankruptcy…
Tag: Creditors
What S In Your Fico Score
Obtaining copies of your credit reports from the three major credit reporting bureaus is a must for all American consumers. If you order your copies directly from each bureau, you can get yours for free [once per year per bureau]. That is the law. There is, however, one piece of information not included with your credit reports and that is…
Are Your Debts Out Of Control You May Need A Debt Reduction Service
Many consumers are understandably reluctant to admit, even to themselves, that they are burdened with more debt than they can handle. However, if you find yourself in such a situation, or if you know someone in such a situation, it is important to get the help you need before it is too late. Debt problems do not get better by…
Credit Card Debt How To Deal With It
Do you have a hard time paying your credit card bills? Starting to get notices from waiting creditors to pay? Worried that you might lose your properties like your house because of credit debt? Chin up: Dealing with credit card debt is not as hard as you may think. If there’s any consolation, you’re not the only one facing such…
Get On The Road To Financial Recovery Part I
What You Can Do for Yourself Review your specific obligations that creditors claim you owe to make certain you really owe them. If you dispute a debt, first contact the creditor directly to resolve your questions. If you still have questions about the validity of the debt or the collection practices, contact your state or local consumer protection office or…
Most Common Reasons For Filing Bankruptcy
One of the most debilitating things someone can go through is filing for bankruptcy. No one thinks this possible could happen to them until reality sets in and bankruptcy is the last resort. This usually happens when someone is unable to keep up with their financial obligations such as car loans or credit card payments. Not only is it rough…
Debt Settlement Vs Debt Consolidation Is There A Difference
Debt settlement and debt consolidation are not the same thing. While they both help reduce your debt, they each affect your credit score and pocketbook differently. Before signing up with any debt management company, make sure you understand the pros and cons of their approach. And of course, be a smart shopper before signing any contract. Debt Settlement – Instantly…
There Are Bankruptcy Laws That Can Protect Us
Some times people get to a point where they have taken on too much credit and become overpowered by the weight of too much debt, just remember though that there are bankruptcy laws that can protect us. There are some creditors that will think nothing of bullying and harrassing people who do not pay on time, this isn’t such a…
Know Your Alternatives To Get Out From Debt
If you monthly repayments for all your debts excluding mortgage or rent are exceed 30% of your monthly income. Then, you are at an uncomfortable zone for your personal financial condition; actions are needed to reposition your debts condition to avoid moving to a bad debt situation. This article will outline a few alternatives for getting out of debt. DIY…
What Are 3 Worst Debt Consolidation Moves
You have unbearable debts and the debt consolidation might be your option for you debt problem. There are so many debt consolidation agencies around in the marketing with their “The Best” debt management program which will help you to resolve your debt problem. All the plans seem to very good and it is a hard decision for you to select…