Debt Settlement Attorney – Get Adequate Representation

If you are looking to reduce or eliminate debt without declaring bankruptcy, you may be well served if you hire a debt settlement attorney. These lawyers are specialists in negotiating with creditors to not only get them to accept a feasible settlement plan, but also to do things like remove negative marks from your credit report, reduce or eliminate penalty fees, and make other such concessions. [more...]

Date: 2009-09-20 06:02:32

Blog posts (18) | Videos (3)
 

Finances Can Be Overwhelming - But They Don’t Have To Be!

If you’re eyeball deep in debt, feeling overwhelmed, and not sure how to pick up and move forward, I’ve been there ... , and I had no control over anything. So, you see, the bankruptcy did eliminate my debt, but it didn’t fix ... been there too. To be honest with you, I took the easy way out of my debt - I declared bankruptcy [more...]

Date: 2009-01-10 23:07:56

The Election, Economy, War, and Peace

Turning to the future, what can we realistically expect of an Obama administration? We have two sources of information: actions and rhetoric ... , as when he supported a measure to make it harder for individuals to erase debt by declaring bankruptcy [more...]

Date: 2008-12-04 11:26:16

Americans Look to Web Instead of Print for News

A recent study conducted by the Pew Research Center, an independent opinion research group based in Washington DC, ... .  With the Tribune declaring bankruptcy under $13 billion in debt earlier this month ... Sreenivasan, a new media professor at Columbia Journalism School in New York, said: “The problem [more...]

Date: 2009-01-02 14:00:27

Credit Bankruptcy - Essential Information

Someone once said that bankruptcy is essential in order for capitalism to survive ... (if not all) of the debt is forgiven. Are there any disadvantages? First of all, each future credit check ... into consideration for any person who intends to declare bankruptcy. The financial situation – being in debt – [more...]

Date: 2009-01-16 00:24:18

Debt a Glossary of Terms

Debt a Glossary of Terms Posted in January 2nd, 2009 Category:Debt Consolidation Bankruptcy - Having been legally declared financially insolvent ... . Collection Agency - ... [more...]

Date: 2009-01-03 01:21:40

Mortgage Rights and Wrongs

Congress has said that they want judges to adjust mortgage debt. On the face of it, this makes sense. After all, when people declare bankruptcy they get their credit card, auto loan, and personal debts adjusted. What makes a mortgage any different? Well, one difference is the law. By law [more...]

Date: 2009-01-14 05:01:08

Should I Declare Bankruptcy?

One of our readers, Alicia, asked: I have one Credit Card debt with a balance of $15,000 can not pay the Min amount they want like 3, ... then to have to file Bankruptcy and they get no money it’s all i can sent (not only Debt i have) should ... of my debt within the next 5 - 7 years? There are two reasons for the 5-7 year question. The first [more...]

Date: 2008-11-19 13:59:48

Bankruptcy Filings Show Consumer Overspending

UC Davis Magazine (Winter 2009) published an interesting study on bankruptcy filings: ... that had never declared bankruptcy.Overall, Zhu concluded that debt accounted for more than 50 [more...]

Date: 2009-01-06 02:44:00

How Do Lenders View Credit Counseling Services?

Typically consumers that have overwhelming debt have two options, either enter into a Consumer Credit Counseling Program or declare Bankruptcy ... Credit Counseling program for such reasons as it is more cost effective and easier to implement. Many credit card companies and creditors realize that it would be more beneficial to actually work [more...]

Date: 2008-12-09 00:04:36

Having Problems Paying Your Bills?

Take a few minutes off and answer the following questions.1. What financial concerns are giving you headache right now?a. Credit card billsb ... in debt, try this next suggestion. My Fapturbo is an automated trading system that will help ... 1?a. File a loan to pay other loansb. Drop the insurancec. Declare bankruptcy d. Take second [more...]

Date: 2009-01-15 20:15:28

Declare Bankruptcy, or Tough It Out?

One of our readers, Jill, had this question for us: Mr. Credit Card, We have kept up all our payments and haven’t been 30 days late in 5 years ... us any? We currently owe 38,000 in unsecured debt, 116,000 on two mortgages on our home which is valued ... go about taking that path first, then we’ll look at the reverse situation. Right now, you are [more...]

Date: 2008-11-11 09:45:44

Bright Future With Bills IQ's Help

Last year we almost declared bankruptcy because we have money and mails trouble ... consolidation to cut off our debt or just a lower interest rates every month. It feels good when you get help and you can have a Debt relief and sleep better at night. Everything is really great [more...]

Date: 2008-07-28 05:13:55

Despite Reports, Nortel Operates as Usual

Reports are circulating that Nortel has declared bankruptcy and pieces will be sold off to foreign firms. Company sources say this is untrue ... from encouraging companies and individuals to take on as much debt as they can to abruptly stopping all financing and debt renegotiation. During the dotcom/telecom bubble, VCs poured money into companies [more...]

Date: 2009-01-14 22:14:40

The Nortel story ends

Apparently Nortel is going to declare bankruptcy fairly soon ... . With about $2 billion in cash and $4.5 billion in debt, the company is still bleeding cash and is facing declining revenues. Their essential problem is that they are now in a commodity market [more...]

Date: 2009-01-14 07:59:57

Living Lean

The Background I’ve been reading Dave Ramsey’s Total Money Makeover. Mr ... card debt. Does any of that surprise you? The book inspired my husband and I to get our “ ... . Ramsey shares these statistics in his book: -19% of people who declared bankruptcy in 2002 were [more...]

Date: 2009-01-15 13:00:54

Results of Capitalizing Leases (2)

United Airlines declared corporate bankruptcy on December 9, 2002.8 The ratios in Exhibit 4.8 tell us why—United has very little equity and has been heading in the wrong direction, even before September 11. The adjusted debt-to-total capital ratio shows that equity makes up only 1 percent [more...]

Date: 2009-01-09 00:06:53

Nortel Telecom equipment vendor Declares Bankruptcy

After years of layoffs and losses, one time telecom giant may be near rock bottom ... . The filing caps years of continuing losses as the embattled telecom vendor struggled to manage debt ... as part of its 2005 restructuring. In addition to rebuilding its core business after the dot-com [more...]

Date: 2009-01-15 10:05:01

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