What Is Debt Management?

Debt management is very similar to a Chapter 13 bankruptcy.  In a debt management program, you are paying the company a monthly debt management payment for a period of usually 3 to 6 years that they will apply to a … Continue reading

Posted in Financial

What Is Debt Settlement?

Generally, debt settlement is a process in which a company, individual attorney or law firm negotiates settlements of your debts after you pay a fee and pay into an escrow account for many months or years.  It is very important … Continue reading

Posted in Financial

What Should I Do When A Debt Collector Calls Me?

It is up to each individual creditor—whether a bank, credit card company, car dealer or other organization—to decide how much patience they want to have with customers who are in arrears.  Sometimes, a collection agency will call if you are … Continue reading

Posted in Bankruptcy, Financial

Dealing With Debt Collectors 101

Debt collection can be a scary situation, especially given the current state of the economy.  But, if a debt collector is calling you, there are steps you can take to reduce your debt and make sure the calls end.  We … Continue reading

Posted in Bankruptcy, Credit, Financial

Dealing With Debt Collectors 101

Debt collection can be a scary situation, especially given the current state of the economy. But, if a debt collector is calling you, there are steps you can take to reduce your debt and make sure the calls end. We … Continue reading

Posted in Bankruptcy, Borrowers, Credit, Financial, Foreclosure, Lenders, mortgage

Guides to Help Fight Home Loss Awaited

The Obama administration’s foreclosure plan has won plaudits for tackling an issue at the heart of the current financial crisis, but an exact pattern for identifying at-risk mortgages and how to restructure them has yet to be unveiled. Alterations or … Continue reading

Posted in Bankruptcy, Borrowers, Financial, Foreclosure, Lenders, mortgage

Bankruptcy: What Are Your Options?

Most people understand that bankruptcy is a way to clear up a lot of debt, but are uncertain of the details. A brief overview of the most common forms of bankruptcy follows. Chapter 7 bankruptcy is what most people think … Continue reading

Posted in Bankruptcy, Financial, Foreclosure, Lenders, mortgage

Documentation May Make or Break a Divorce Settlement

Are you in a relationship where your spouse pays all the bills, manages the finances and prepares the tax returns?  If you are, you are not alone.  Many people divide and specialize roles and responsibilities in their relationship.  This is … Continue reading

Posted in Divorce, Family law, Financial