Articles Posted in Debt Relief

If you are struggling with an overwhelming debt on your home mortgage and/or high-interest credit cards, you are not alone. Given the current economic situation in the country, there are millions of individuals who find debt repayment exceedingly unaffordable. Explore the various strategies of settling your debt and extricating yourself from the vicious cycle of…

Dealing with a massive debt is extremely difficult if you are unable to manage your finances well. However, there are ways in which you can deal with your crippling debt more efficiently. Debt consolidation and bankruptcy are two of the most popular debt management strategies in our country. Hopefully, you are wondering which of the…

Cashing out 401K to pay debt seems like a great idea till you get all the facts. There are a few, and let’s be clear about it. There are a few instances where it makes sense to do this. Your 401K is your savings for your retirement and it is best to leave that alone.…

Debt is something that all of us face at some point in time. The ideal way to keep debt is paid on time and manageable balances. Debt management options are to be considered when in over your head and are unable to keep track of your finances. Therefore, the important thing to remember is that…

People assume that filing for bankruptcy means all debt is written off. This isn’t the entire picture. Some debts will be erased and others repaid. Secured loans are all paid off first. So chapter 7 and chapter 13 handles credit card debt in bankruptcy a bit differently. It is important to know the differences of…

Debt. It is a word that scares the best of us. For most people, it is a sign of a problem. A sign that their finances are out of control and they need help. Some people even carry debts that are more serious than others. For those people, dangerous debts increase stress. Since money problems…

As tax time approaches many families are feeling a sense of dread. Not everyone gets a refund during tax season and owe the IRS instead. Since tax debts are a specific type of debt, traditional debt relief strategies may not be effective. It is important to understand certain tax debt facts for finding relief. Tax…

Are you living paycheck to paycheck? Do you feel like you’re drowning in debt? Do you want to be debt free? Getting out of debt isn’t always easy it. There are tips for paying down debt quickly. It takes time and effort, but it is possible. Tips For Paying Down Debt Quickly Pay more than…

It is estimated that medical debt is one of the largest causes of bankruptcy filings in America today. People suffering chronic or serious illnesses are the most vulnerable because their medical bills are never ending. Ongoing medical expenses and bankruptcy often go hand-in-hand. So what are the options for people with ongoing medical needs? Ongoing…

Nearly one-third of all consumers have at least one account in collections on their credit report, and over 20% of these are due to medical bill debt. Many people aren’t even aware that their unpaid medical bill has been reported to the credit bureaus until after they check their credit report. A lot of medical…