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How to Settle Unpaid Medical Bills
With healthcare costs skyrocketing and unemployment rates at a twenty-year high, it is no surprise that unpaid medical bills are becoming a burden for many Americans. While healthcare is costly, it is also...
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How to Write a Debt Negotiation Letter
Debt can be a very harsh part of life. Through life, people incur debt through college loans, bank loans or shopping sprees or an emergency hospital bill that was tacked onto the credit card.
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Navigating Debt Settlement: If You Have Credit Card Debt, Talk to an Attorney
The first thing you should know is that our money or the U.S. currency is not real. If we were using real money or money backed by gold or silver,there would be no way a law firm would...
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Effects Of Debt Settlement On Credit Report
The effects of debt settlement on a credit report can be significant. However, before you write off the benefit of using debt settlement to get out of your financial difficulties, consider both the short-term effects and the long-term effects of using this method. Consider your current financial situation,
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Legal Options for Recovering Unsecured Debt
While creditors can more easily collect on secured debts, or those debts whose payments are secured by some type of property or collateral, creditors with unsecured debts may have a more difficult time enforcing debtors’ obligations. Common types of unsecured...
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Should I Use My 401k to Pay Off Some Debt?
An individual who uses their 401k to pay off some debts can incur more debt. Typically, the idea of using a portion of the 401k for debt relief is alluring. For instance, someone can borrow money from their 401k retirement account and repay within a specific amount of time such as five years of the date of the withdrawal.
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Debt Relief: Statute of Limitations on Credit Card Debt
If you’re looking for debt relief during tough economic times, you need to know the statute of limitations on credit card debt in your state. Each state maintains its own statute of limitations for the nonpayment of credit card debt, i.e., a limited time frame within which individuals can be sued
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Negotiate Debts: Settlement Strategy
Creditors and collection agencies employ their own debt settlement strategies to negotiate with people. These strategies typically include the constant telephones calls pretending to have people’s best interest at hand, demand letters requesting settlements and intimidating tactics. People also so
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How To Settle Medical Bill Debt
Medical bills debt settlement is often necessary. In many situations, those with or without insurance may face substantial medical bills they simply cannot pay in full. Settling those debts is possible, in many instances. There are two main options for settling this debt, doing it alone or working with
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IRS Tax Debt Settlement Advice: How To Deal With Unpaid Taxes
People owe money to the government for taxes several reasons. Your need for tax debt settlement may be due to failing to pay taxes and penalties, or due to improper filing of taxes. Regardless of the reason for your unpaid taxes, a tax debt settlement can save you money and stress if done right. How
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People who have tax debt can sometimes settle the debt for much less than they owe. There are two ways to do this. You can ask for a direct settlement called an Offer in Compromise, an OIC or simply, an offer. You can also ask for a penalty abatement that reduces or eliminates the fines on your tax debt.
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Unsecured Debt Settlement: Process and Tax Implications
Millions of consumers are overburdened unsecured debt and are looking for viable solutions. For many of these consumers, unsecured debt settlement may be the answer.
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Is it wise for me to use roth Ira to pay off debt rather than debt settlement or consodlidation?
I have $125,000 in a Roth IRA. I owe around $90,000, total, on credit cards and a home equity line I tapped for a business that has not worked out. I cannot afford the payments on my debt.
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What are the requirements for a hardship discharge of student loans?
What are the requirements for a hardship discharge of student loans?
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How do I negotiate my debts with my credit card company?
How do I negotiate my debts with my credit card company?
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How can my lawyer and I negotiate a settlement for medical debts?
How can my lawyer and I negotiate a settlement for medical debts?
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How does the debt collection process work on an unsecured loan?
How does the debt collection process work on an unsecured loan?