When the American economy dwindled down to fight for existence by the blow of recession, thousands of consumers lost their jobs. It is because of this reason that they became defaulters and failed to repay their debts. It was then that the already crafted debt settlement stepped forward to rescue the troubled consumers by eliminating the unsecured loans by up to 70%.However, the major concern for many is to find out a legitimate...more
Are you difficulty making your payments on time? Do you feel like the weight of the financial burden of your bills is getting too heavy to bear? If you answered yes to these two questions, then maybe it is time that you started drafting a debt settlement proposal and to use debt settlement strategies that work.A settlement proposal is a letter you send to your creditors, indicating your difficulty in making your payments for debts...more
You cannot complain about abuse if you do not understand your rights and the fair debt act protects the credit consumer who knows their rights, and those who do not are often less well off in the scheme of things. The Fair collections debt act was enacted to control abusive credit collection tactics being used at the time. Sometimes they are still used, but unless you know to complain, little is done.The truth about the Fair Debt Act is that it does acknowledge the right of the debt collector to attempt to collect a debt, but it puts boundaries on allowable things that may be said in an attempt to collect a debt, times when the collector may call and situations where the bill collector may not call at all.It is a myth that a debt collector may not call you at work. Yes, they can at least until or unless they are told, it is not acceptable to the employer. If that is specified (in writing) then the bill collector may not call your place of work.The myth debt collector can call any hour of the night or day is not true. If they do, they are violating the fair debt act. A debt collector is limited to phone calls between 8 AM and 9 PM local time (not their time). They may...more
Learn how to stop debt collectors from harassing you, by understanding the debt collection fair practices act and protect yourself from abusive collection practices. These are the top five things you should know about debt collection fair practices and when to know when a debt collector is overstepping the law.Debt collectors are not...more
While negotiating a debt settlement deal, you must consider hiring a professional debt settlement company. However, the major concern is, where to look for and how to find the best settlement companies. Why has this concern come on the screen at all? Simply because of the fact that the settlement industry is full of fraud companies...more
How to get the best debt settlement deal by negotiating a debt settlement deal? Well, the secret lies in using in threat of bankruptcy. Yet another thing that can be counted as important is that of hiring a settlement company. The reason is that as an individual consumer, you may not be very well accustomed with the whole banking system and the approach that you take while negotiating with the creditor many not be professional. Remember that the creditors like the negotiators from the settlement companies have. The steps that you need to follow to get out of debt and get the best settlement deal are discussed below:u The minimum amount of overall debt that you need to have is $10,000. This amount is defined by law and there cannot be any exceptions.u The next thing that you need to ensure is that the debt is consolidated in one place. This is because; once the debt is consolidated, settlement procedure becomes faster and settlement goes down.u For consolidation, you can get a consolidation loan. You need to use that money to repay the existing loans. If the debt you have is that of multiple credit cards, you can opt for balance transfer. Once the...more
When it comes to getting out of debt now, each of us needs to understand that there's no magic bullet that works for every person. You definitely are not all by yourself when it comes to your debt struggles.The recession that we find ourselves in has...more
When you have found the horse that you feel is the most suitable for you and that he has met your criteria; I strongly recommended that you arrange for a vet to carry out a pre-purchase veterinary examination. This may seem costly its not. It may...more
Motivation is vital in almost every diet. But dieters who are attempting to lose drastic amounts of weight through very low calorie dieting or a VLCD, motivation is even more vital than usual. If a dieter isn't truly motivated to stick to a...more
Debt is a confusing topic for many people. Once in debt, there are many questions that arise as to how to fix the problem. Almost all of the time, people need help figuring out their next move. There are questions and answers that...more
Gothic Costumes are the ultimate in Halloween fun. They are one of the premiere ways of showing real holiday flavor with some awesome dark appeal. These costumes are dark, they're spooky, they're creepy, and they're incredibly sexy all in one great...more
Does the process for how to get out of debt have you a bit confused? If you use the debt stacking strategy, you'll discover that it's as difficult as you may imagine. In order to begin, gather up the following information...Go find your credit card...more