when is debt settlement a good idea -- bankruptcy get rid of tax debt

Many debt settlement companies claim to help you settle your debt for at least half of your outstanding balance. But does this offer ring true? What can debt settlement really do for you? How do you know when to settle debt, and when will it do more harm than good? Let’s explore the risks and […]

This comprehensive debt settlement industry study investigates multiple data sources to reveal trends and statistics. The debt settlement industry has grown rapidly since 2005, when it first became a widely available option for consumers. Although still a controversial financial service, it is now a significant part of the debt relief sector. This study compiles available […]

Get Student Loans Out of Default

Defaulting on a student loan doesn’t mean missing a couple of payments. Student loan default is the result of lengthy delinquency in payments, and it is not a situation in which you want to find yourself. Defaulting on your student loan may result in legal action, including being sued, having your wages garnished, and missing out on tax returns […]

Student debt lawyer

Many of us carry student loan debt. Unfortunately, though, not everyone can easily make on-time payments to pay off that debt. That’s when problems begin to arise. Perhaps you’ve gone into delinquency or default, and the loan company has decided to sue you. If you are having problems with student loan repayment, whether you are at […]

Go to prison for debt

It seems inconceivable now, but there was a time when there were debtor’s prisons in the U.S. for those who couldn’t pay their bills. Fortunately, you can no longer be criminally prosecuted for failing to pay what is known as a civil debt, including credit cards, loans or medical bills. Despite the protections that consumers […]

Medical-Bills-on-Credit-Report1

During a medical emergency, the last things that you’re thinking about are how you’re going to pay the medical bill or if there are unpaid medical bills on your credit report. You may not even know how much your healthcare will cost until you get the medical bill. Medical bills are so dangerous because, at the […]

Debt_Forgiveness

Debt is a pervasive state for many Americans. In fact, the average American has over $90,000 in debt. Just look over some of these alarming statistics on debt to get a complete picture: Student debt: The average student loan debt for the Class of 2019 graduates was $28,950. Credit card: Balances on credit cards average $6,194 […]

pros and cons of debt consolidation

Article Summary Consolidating your credit card debt can be a smart move if you can get a lower interest rate than what you’re currently paying across your debts. When done right, it can reduce interest costs, lower your monthly payment, or help you get out of debt faster. $756 Billion Credit Card Balance in U.S […]