Bankruptcy Vs Debt Settlement – A Comparison

January 5, 2012 by  | Leave a Comment Filed under: Bankruptcy 

If debt is getting the better of you, it is time to seek debt settlement. With financial crisis eating at your mental peace, it is important to understand how the liabilities lead to bankruptcy. Different reasons can be attributed to the problem of debt like overspending, divorce and much more. (read on...)

Importance Of Debt Settlement

February 26, 2011 by  | Leave a Comment Filed under: Debt 

Bankruptcy is legally declaring inability or impairment of an individual or organization to pay its creditors. Creditors can file a bankruptcy petition against a business or corporate debtor in an effort to recapture a portion of what they are owed or initiate restructuring. In the most of the (read on...)

Bankruptcy Debt: Is Bankruptcy The Best Way To Solve Debt Problems?

November 13, 2010 by  | Leave a Comment Filed under: Bankruptcy 

We are all in debt to some extent, but debts can escalate out of control due to changing circumstances in your life. Many financial problems can be solved by debt management if the situation has not become too serious, and assuming you still have a source of income. For more drastic situations (read on...)

Eliminate Debt Without Bankruptcy – Debt Solutions That Are Helping Consumers Avoid Bankruptcy

October 7, 2010 by  | Leave a Comment Filed under: Bankruptcy 

Under new laws passed by the Federal Trade Commission, it became very easy to eliminate the debt without bankruptcy. In the past before the implementation of these rules, people were applying for the bankruptcy when they found themselves in the large amount of unsecured debts. Now debt settlement (read on...)

Bankruptcy Debt Relief – Changes In Credit Card Laws May Lead To Reduction In Bankruptcy Filings

October 1, 2010 by  | Leave a Comment Filed under: Bankruptcy 

Bankruptcy debt relief ruled for a certain period as a method of eliminating dues and getting out of debt. However, there were several problems associated with this method of wiping off dues. The consumers will face financial troubles because of bankruptcy filing – this is always true! What (read on...)

How to File For Bankruptcy! Are You Aware?

September 14, 2010 by  | Leave a Comment Filed under: Bankruptcy 

We all know that filing bankruptcy is a harrowing task especially when you have a huge amount of debt almost static on your head. Well, as the bankruptcy law has defined, filing bankruptcy should be the last resort and before going ahead in filing for Massachusetts bankruptcy you need to make (read on...)

Federal Bankruptcy Filings in Washington DC and Wisconsin Exempt Certain Property

June 15, 2010 by  | Leave a Comment Filed under: Bankruptcy 

Filing for bankruptcy is never an easy decision, however, there are times where doing so is the only way to deal with crushing debts. For example, many people file for bankruptcy because they have overwhelming credit card or medical debts that are impossible to pay off. Other people file for (read on...)

Bankruptcy Debt – Not a Fresh Start

May 19, 2010 by  | Leave a Comment Filed under: Bankruptcy 

The aim of bankruptcy is to provide a consumer with a fresh financial start. It should relieve them of overwhelming debt and let them start over. In principle, it is a good idea but between changing laws and social stigma, it is something almost all consumers would prefer to avoid. There are two (read on...)

Why Do People File For Bankruptcy?

April 1, 2010 by  | Leave a Comment Filed under: Bankruptcy 

This is the scenario. You have ordered a copy of your credit report from one of the three major credit bureaus and as you open it, all you see are a bunch of outstanding balances that you need to pay off immediately. The problem is, it will be difficult for you to settle these debts since the (read on...)

Bankruptcy Debt – Why Debt Settlement Has Made Declaring Bankruptcy Less Attractive

December 31, 2009 by  | Leave a Comment Filed under: Bankruptcy 

You tried very hard to succeed in your business. Unfortunately things just did not work out. And then came the recession like one huge dark cloud. It has been showering miseries on you since then. This is the typical story for most small businesses all over the United States. The Internet had (read on...)