Debt Help Blog

Debt relief programs may ruin your creditI often receive calls from consumers who are researching debt relief programs whom have recently been dealt a blow in life. In the most common circumstance … (more...)

Debt Settlement Advice and TipsThis article isn't for the purpose of giving you advice about how to settle your debt, rather it's about the things you should consider prior to doing so.There … (more...)

How much do debt settlement companies charge?As opposed to most industries, the service fees charged by debt settlement companies have a direct impact on the services they're offering.For … (more...)

Do I have to include my spouse in my debt relief program?When considering debt relief when you have a spouse or a partner it is very important to evaluate each of your situations separately. This … (more...)

Debt Settlement vs Debt Management - aka Credit CounselingI'm a fan of nonprofit consumer credit counseling services. They serve a great purpose for people who would rather not settle their debts … (more...)

What is a Re-Age?I get two types of clients:One type wants to regain control of their finances: their goal is to resolve their delinquencies as soon as possible and return to normal.The … (more...)

Chapter 7 vs Debt Relief Company vs Chapter 13When comparing debt settlement vs bankruptcy it is important that you're aware of the possible impact each potential solution generates. Trying to … (more...)

What are some options for debt reliefThere really aren't any forms of education that are provided via high school and college to prepare people for what to do when they fall behind on their … (more...)

How to settle credit card debt yourselfAccording to the United States Government Accountability Office, per the Federal Trade Commission and individual state investigations of the Debt Settlement … (more...)

Credit scores after debt settlementThe Internet is filled with a tremendous amount of misinformation when it comes to credit and debt. And one of the biggest misconceptions of all has to do with … (more...)

How does debt relief affect your creditLosing a job, going through a divorce, being laid up for a medical condition - whatever the cause of your situation - suffering a loss of income and falling … (more...)

How to talk to debt collectors on the phoneAre you thinking about talking to your debt collectors? I highly recommend it. However, before you talk to them you need to formulate a plan...It is … (more...)

Things to think about when dealing with debt collectorsIf you're preparing to buy a home, clean up your credit report, or if you're dealing with debt collectors, you may run into some information … (more...)

Can you send a cease and desist letter to a collection agency?Are you in the midst of conducting research about how to deal with debt collectors? If so, you have probably run into many sources … (more...)

What can restart the statute of limitations of debt?In 43 states and the District of Columbia there are specific state laws that require your acknowledgment of a debt to be in writing in order to … (more...)

Making a settlement offer to a collection agency in writing: Considerations to makeI compare sending a letter to a debt collector offering a settlement to playing Poker with your cards face up on … (more...)

Should I file for bankruptcy or debt relief?When asking yourself if you should file for bankruptcy, it can be incredibly overwhelming. It's a huge decision and you probably feel lost about how to … (more...)

How to Avoid Chapter 13 BankruptcyAsk yourself one question. If you could settle your debts for roughly half of what you owe, would a Chapter 13 bankruptcy still make sense?The possible silver … (more...)

How to rebuild credit after bankruptcyIf you file a Chapter 7 bankruptcy, you will begin to reestablish your credit sooner than you probably think.Most debt relief companies and message boards … (more...)

Most financial professionals will warn you vigorously to stay away from your 401k. Your 401k's true purpose is for your retirement. However, from time to time, throughout your life, on your way to … (more...)

Debt Settlement Success RatesBefore I talk about my success rates, I want to introduce you to a guy who's like a consumer advocate on steroids: Steve Rhode. And if you go to getoutofdebt.org, you … (more...)

A lot has changed in the debt relief environment over the last couple years. Until October 2010, debt relief and settlement companies could charge you upfront fees. Fortunately, the FTC changed that … (more...)