Debt Settlement With American Express (AmEx) How is debt settlement with AmEx?Legitimate financial or debt consultants would almost always answer this question with another question first: What is your financial situation? Meaning, is your account still with American Express or with a third party collection agency? If it's still with AmEx, is the account current, almost past-due, or already past-due? For how long? See, these...more
I'm in debt and have lost my job, what to do? (part 2) Consumers that have unsecured debt $10,000 and above can turn to debt settlement for debt relief in less than three years.How much does it cost?Debt settlement or credit card debt consolidation companies charge 15% of the total debt amount or 20-25% of the settlement amount. And those are the industry standard. Different debt settlement companies, though, have different fee...more
Summary:Are you looking for tips to lead a debt-free life? Experts of debt management solutions give the answers to all your questions.Debt management solutionsIf you are one of those who have recently managed to get out of debt, I am sure you dont want to end up back there again. But in this current economic crunch, when your income may not be not enough to meet expenses, one way or another we tend to get into debt. However, its not tough to lead a debt-free life, once you make debt management tricks a daily habit. Some effective debt management strategies are discussed below.Put aside some savingsOne of the most common yet effective debt management solutions you will come across is to set something aside from your income. I agree that with day-to-day expenditures its tough to manage to save. But try to rationalize this suggestion as something that will be generated over a period of time. Debt management counselors recommend at least a ten percent savings to begin with. You can increase it later when you have more of a surplus in your income. Increase the motivation of your familyIt doesnt make sense if you are saving and your spouse is wasting money on unnecessary shopping. The...more
Debt Settlement Tax Consequence How much would the IRS take from the forgiven debt?First, it's not just any amount forgiven debt. Consumers must understand that debt settlement is for credit card balances that are relatively high, as in $10,000 and above and have not been paid in months, as in 5 or 6 past due. These accounts are what...more
Free Financial Consultation comes to your aid when you need it the most. Financial Consultation is such a boon for people who are struggling to set their financial woes behind them. If you want to look at various options of debt settlement and debt management as well assure yourself of never getting into a financial spot ever again in your life...more
How to Fight Back Abusive Debt Collectors Copyright (c) 2010 Suzy VanstrusenAs a borrower, we are required to pay back what we owe out creditors. However, there are instances where we encounter problems that makes repayment a bit difficult. When a debt is left unpaid for a long period of time, a creditor then has an option to assign the collection to another agency. This action can make negotiations about the debt more challenging.There have been reported and even unreported cases when debt collection agencies go beyond their boundaries when collecting payment from borrowers. The Fair Debt Collection Practices Act (FDCPA) clearly stipulates the rules of fair debt collection. Thus, if you feel that your debt collector is treating you in an undignified way, you have the right to take action. Listed below are the steps that you can do to fight back against debt collection agencies that cross the line:Inform your State Attorney General. The laws of debt collection vary, depending on the state where you live. If you have experienced harassment from your debt collector, your next best step is to report this issue or complaint to your State Attorney General's office. An...more
Debt Settlement Relief - How Does a Legitimate Debt Settlement Work? Every year we find that increasing numbers of people are having financial trouble and are starting to build up substantial debt that is harder and harder to pay back because...more
Free Debt Help - The Value Of Free Debt Reduction Plans If you are dealing with serious debt issues, you may be struggling to find some way to reduce your debt in a measureable way. Once you really start searching, something become obvious...more
Best Debt Settlement Company - Why Some Debt Settlement Solutions Are Better Than Others If you find yourself in debt and you can barely afford paying your monthly minimum, then you may want to consider trying debt settlement to get you out of...more
Debt Settlement Letters - Make Sure You Have an Attorney Backed Debt Settlement Firm Debt settlement is a process through which a debtor can make a deal with his creditor to only partly pay their debt at a lower interest, so that neither party...more
Bad Debt Settlement - What Are the Risks of Choosing the Wrong Debt Settlement Company If you are one of the large numbers of people to find themselves in debt nowadays, it's good to know that there are quite a few options that can help...more
Your Debt Settlement Solution - Common Obstacles in Eliminating Personal Debts Debt settlement is a relatively new concept, recently brought about by the current state of our global economy, but doesn't mean it should be avoided if you...more