When you are buried in debt, it may seem like there is no way out. However, that's far from the case. There are many ways you can dig yourself out of debt. The first thing to do is to assess your budget situation. How much do you earn and how much do you spend? Look for ways to spend less and cut … [Read more...]
The top 5 questions about debt management
December 25, 2011 By Leave a Comment
With so much information available on debt management it can be quite confusing to try and understand exactly how debt management works. After all, many people have debts of one kind or another and continue to live their lives without needing any help managing their debts. Credit can be a positive … [Read more...]
Transferring your credit card debt makes sense
December 1, 2011 By Leave a Comment
Many people now use credit cards to make a large percentage of their purchases. A lot of credit cardholders are not able to pay off their balances every month and as a result there is a large outstanding balance on the credit card. Credit cards can have very high interest rates that add substantial … [Read more...]
Think Money says ‘bankruptcy best for some’
November 7, 2011 By Leave a Comment
Think Money, a financial solutions company, responded to the latest Insolvency Service figures which showed a significant fall in bankruptcy orders in the third quarter of this year. It says that while numbers are declining, it's still the most appropriate solution in certain circumstances. Altogether, … [Read more...]
Millionaire Dog Passes Away
June 10, 2011 By Leave a Comment
Here’s a fun story for your Friday. It’s hard not to be jealous of a dog when that dog has more money than most of us ever will. According to the New York Daily News Trouble Helmsley, a millionaire heiress and perhaps the world’s most pampered pet, has passed on. She died at the age of 12 in December, … [Read more...]
Bankruptcy Attorney: More Public Employees Experiencing Financial Hardship
June 9, 2011 By Leave a Comment
A prominent bankruptcy attorney believes the number of bankruptcies could increase– and this time for an unlikely place. Attorney Michael Greiner believes that public employees may be forced to file for bankruptcy at a higher rate because of financial pressures they’re experiencing from state and … [Read more...]
Tables Turned as Bank Gets Foreclosed
June 6, 2011 By Leave a Comment
Score one for homeowners. The tables turned on Bank of America after a Florida couple says the lender filed foreclosure papers against them. The problem? The couple had paid cash for their home. The case went to court and a judge in Collier County ordered Bank of America to pay the couple’s legal fees. … [Read more...]
Negotiating with Debt Consolidation
April 18, 2011 By Leave a Comment
One of the ways that debt consolidation makes the whole process of overcoming bad debt easier is that the majority of the negotiations are actually going to be conducted between the consolidation program and your creditors. Your consolidators are there to, well, to be frank, talk some sense into your … [Read more...]
How the Debt Consolidation Business Works
April 3, 2011 By Leave a Comment
The debt consolidation industry has always been around, but it seems that it's only recently that more and more people are starting to become aware of it. In light of the current recession, it stands to reason that there would be more people trying to escape debt once and for all rather than suffer … [Read more...]