Recent News
Consumer Watchdog Agency: "Dealing With Debt Settlement Companies Can Be Risky"
The Consumer Financial Protection Bureau, the only federal agency devoted solely to watching out for and protecting the financial consumer, has serious concerns about consumers using online debt settlement companies: "Warning: Dealing with debt settlement companies...
Bankruptcy Helped Save General Motors, Can It Help You Too ?
Why is bankruptcy an acceptable, legitimate means to try to save your home and deal with other debt ? William D. Cohan, writing in the New York Times, gives us the answer: “Indeed, for corporations across the country, both big and small, using the bankruptcy process...
Can filing bankruptcy improve your credit score ?
For the first few months, most clients see no change in their credit score. After about the first year or so, folks will generally see their credit score improve and continue to improve year after year as long as they establish good financial practices and goals.
Are creditors giving you the run-around with no answers or help ?
The Consumer Financial Protection Bureau continues to innovate and offer new ways to really help consumers. They now offer an online complaint form to file complaints regarding consumers experiences with banks and other financial companies. Having a dispute with a...
Can Bankruptcy Help ?
Although bankruptcy cases can be complex, many of the procedures and cases are routine. Before filing a bankruptcy case, you or your attorney should analyze your eligibility for different forms of debt relief available under the Bankruptcy Code and which form of relief is most beneficial to you.
So You Have Decided To Use a Debt Management Company To Help You With Your Bills
If you have decided to use the services of a debt management or debt consolidation company, keep in mind that you may be much better off consolidating your debt under Chapter 13 of the United States Bankruptcy Code. You set the plan approved by the Court and make...