by the Debt Attorneys at Ariano & Associates, PLLC As many Americans continue to try and recover from the effects of the Great Recession nearly eight years ago, debt relief companies have taken to the airwaves in increasing numbers to encourage cash-strapped debtors to use their services. One such company has taken to the radio […]
How Much Does Debt Settlement Cost? The best things in life may be free (at least according to the once-popular song), but debt settlement is not. Even if you choose to settle your debts by yourself, you will (obviously) need to pay any lump sum amount you agree to pay your creditors. If you enlist […]
A popular misconception is that debt settlement can only resolve unsecured personal debts like credit cards and medical bills. While these debts can certainly be handled through a debt settlement program (and many debtors do handle these debts in this manner), these types of programs are also available to help debtors struggling with other types […]
Not all debt settlement or debt consolidation companies are reputable and legitimate. Unfortunately, this has caused some debtors to be taken advantage of by unscrupulous individuals. In an effort to protect vulnerable debtors who might be swindled, many states and the Federal Trade Commission monitor debt relief companies for dishonest or deceptive behavior. In addition, […]
Debtors who fall behind on their bills will inevitably receive one (or multiple) intimidating telephone calls from a collector. Collectors who work for collection agencies are typically paid in relation to the amount of delinquent debt they are able to recover from debtors. For example, a collector who gets debtors to pay a total of […]
The financial crisis of 2008 took a toll on a large number of Americans from all walks of life. Even today – nearly seven years after the onset of the financial crisis – some Americans still struggle with the affects of a burdensome debt load and assets whose values are diminished. One demographic in particular […]
If you are wondering why you can never find what you are looking for in your wallet or purse then maybe you should reconsider having so many credit cards. Most people are perfectly fine with having two major credit cards. One of them should be a low-rate card for times when you must carry a balance, and […]
Debt settlement is the process in which a debt is paid off to a creditor in one full payment that is less than the original amount owed. This solution is only for those people who are seriously behind on their payments. Before considering a debt settlement offer, you should first think about how this will affect your financial […]
Phoenix Debt Attorneys of Instant Settle Consultants, PLLC It’s no hidden secret that debt collections are bad for your credit report. Debt collection is a $15 billion dollar a year industry and it’s blooming fast. Any past due account, debt collections included, can have a negative effect on your credit score for as long as […]
During these difficult economic times, debt consolidation and bankruptcy are common debt management strategies. There are many advantages and disadvantages of debt consolidation and bankruptcy for dealing with debts. Debt consolidation has proponents that often promote this strategy as a simple way to save money and protect your credit rating. You can choose to consolidate […]