A well balanced article by Sandra Block in this morning’s USA Today – “Thinking of debt settlement? New FTC rule can help”, contained some great tips and information for consumers looking into debt settlement as a way to avoid bankruptcy. For the past many years (and through 10/27/10), Debt Settlement service providers have, in large […]
debt settlement
Settling Credit Card Debt in Michigan
What happens to my credit after settling my debt?
Dubious Debt Settlement Marketing Strategies – Don’t Buy into It
Every day, I receive a daily Google alert in my e-mail inbox that features links to articles, press releases and blogs about some aspect of debt settlement. It’s one of the ways that I stay abreast of what is happening in my industry. It’s the kind of information that any financially-troubled consumer might find by […]
How and Why Banks Settle Debt with You
Why are credit card companies willing to accept less than normal payments and even settle for less than the full balance due? The math!
Avoid Debt Settlement Scams
Debt settlement is not a scam. Far from it. Settling with creditors is a great way to deal with debt when you are unable to maintain consistent payments. It is however, not a cake walk, though many debt settlement companies will sell it as such. This post was inspired by a consult I did this […]
Can Settling your Debts make it Easier to Find a Good Job in Today’s Tough Job Market?
In a recent blog post written by Diane Stafford with the Kansas City Star entitled: Bankruptcy filing thwarts re-employment, Stafford highlights a key reason why consumers who can qualify for a Chapter 7 liquidation of debt bankruptcy should research ways to avoid it, if at all possible. The concern here is your credit report when […]