U.S. & CANADA DEBT RESOLUTION

Are Your Wages Being Garnished? Here’s Why

Rich — Fri, 04 May 2012 13:51:32 +0000

Having your wages garnished by a creditor is an absolutely terrible feeling. Fortunately, filing bankruptcy will invoke the automatic stay to stop any continuing wage garnishment.

Partnerships Are Trouble When an SBA Workout Is Required

Rich — Fri, 04 May 2012 06:58:24 +0000

Partnerships are great…on paper. You get to share the risk, have a partner (or 2 or 3) who can add intellectual fire to the endeavor, and you people to share the success with. However, if the business starts to struggle, then watch out. If the business has either a general commercial loan or an SBA (which require personal guarantees), then all bets are off.

Reasons Debt Settlement Programs Might Fail

Rich — Thu, 03 May 2012 17:51:41 +0000

Debt settlement works and can be very good for the debtor under the right circumstances. Whether the debtor is a consumer or a business, care must be taken in certain areas to try to ensure the debtor’s success. Whether you’re talking consumer debt settlement or business debt settlement, these are the points where debt settlement programs fail.

Getting Government Grants to Pay Off Debts

Rich — Thu, 03 May 2012 02:55:56 +0000

Getting Government Grants to pay off Debts Many people know of the existence of free government grants to pay off debts, but not many know how they can get these grants. Government grants are free aid and are, therefore, not supposed to be paid for. In addition, information about the government grants is also not meant to be paid for, therefore, in case you come across people asking you to pay for it, you should walk away to avoid losing your money.

Advantages of Using Debt Consolidation Calculator in Debt Settlement

Rich — Wed, 02 May 2012 02:01:19 +0000

Debt consolidation calculator is a software designed by debt management organizations to help those who are hoping to reconcile their debts. This program may make debt repayments less difficult since it offers users with info necessary budgeting and debt consolidation. The next few lines supply info about debt consolidation calculator and on how it may benefit you in settling your commitments.

Solutions For Long Term Debt Problems

Rich — Wed, 02 May 2012 01:40:27 +0000

Any outstanding long term debt problems have an expiration date, after which, no one can enforce a judgement against you. So for long term debt problems, what are your alternatives?

The FICO God

Rich — Tue, 01 May 2012 11:05:25 +0000

I named this article “The FICO God” because I saw someone pray to FICO; the God of credit in Walmart the other day. A woman in front of me at the check-out counter slide her credit card, closed her eyes, bowed her head and prayed; “Please, Please, PLEASE!” When she opened her eyes, first one then the other the FICO God answered her prayer; “APPROVED.”

Resolving Debt Problems in the 21st Century

Rich — Tue, 01 May 2012 06:47:41 +0000

The number of men and women with debt problems continues to increase yearly. Even people who used to dominate the sector are struggling with debt problems as of late. The next few paragraphs provide information on how debt management companies can provide you with solution to your current pressing debt problems.

Easy Debt Elimination Methods – The Right Steps

Rich — Mon, 30 Apr 2012 11:14:33 +0000

Debts can always have very bad effect on your life especially if you want to borrow loans from the banks. This is because debts usually have very huge effects on your credit score. It would therefore be very important that you find a way of eliminating debts. This calls for a lot of financial discipline when it comes to using credit facilities like the credit cards. To help you eliminate debts easily, there are always a number of steps that you may take.

A Great Way to Reduce Debt: Reverse the Snowball

Rich — Mon, 30 Apr 2012 03:21:14 +0000

The Debt Snowball Method is a strategy that will help you pay off your debt in the most efficient way possible. It also has a psychological component that gives you positive reinforcement as you pay things off so that you will keep up the momentum and become debt-free.