Avoiding A Credit Card Lawsuit: Negotiating With A Tough Creditor

July 10, 2012 by  | Leave a Comment Filed under: Credit 

With the looming economy, inflation and hundreds of people dealing with various financial problems, it’s not surprising that many are also facing credit card lawsuit for unpaid debt. The good news is, there is a way to avoid such problems, like meeting up with your creditor and striking a (read on...)

What Is Chapter 7, 11, 13 Bankruptcy Law?

January 15, 2012 by  | Leave a Comment Filed under: Bankruptcy 

Bankruptcy is available to debtors who have a large amount of debt that they cannot pay. Bankruptcy is a procedure that gives debtors a fresh start. While bankruptcy law is governed by the Bankruptcy Code, substantive rights are governed by applicable state law. Exemption laws vary by state and (read on...)

What Is Tax Garnishment?

October 6, 2011 by  | Leave a Comment Filed under: Taxes 

One of the most common reasons you may owe the government is due to additional liability when you file your tax returns each year. You may decide to pay immediately or set up payment arrangements. If you fail to maintain your payment arrangements, the government may place a tax garnishment (read on...)

IRS Tax Bankruptcy Laws

March 1, 2011 by  | Leave a Comment Filed under: Taxes 

The IRS Tax Bankruptcy Laws have changed since 2006 to help tax payers who are unable to meet or make their tax commitments. The IRS frowns upon letting you claim your taxes in bankruptcy. They prefer to have you pay what is owed the government. However, they do realize that for some people it (read on...)

Payment Plan Option With The IRS

January 26, 2011 by  | Leave a Comment Filed under: Taxes 

Can’t pay your income tax since you’re short of cash? No problem! The Internal Revenue Service (IRS) can help you. It has several payment options that will take the pain out of paying taxes. Being low on cash is no longer an issue as long as you take advantage of these options. Even (read on...)

Can You Delete a Charge Off From Your Credit Report?

November 4, 2010 by  | Leave a Comment Filed under: Credit 

Removing a charge off from your credit report is possible. With today’s unstable economy, creditors are happy to receive whatever payment a consumer can offer on an overdue account. This means that consumers hold more power in the negotiation process. According to the Better Business Bureau (read on...)

Reliable Debt Consolidation Companies – Negotiating a Payment Plan You Can Afford

June 27, 2010 by  | Leave a Comment Filed under: Debt 

Repaying old debts is something of a hassle to many people. Either they can’t really afford to pay them off given their current income or the interest rates on those accounts is so high that their payments don’t make any sort of dent on the principle amount. There are solid options, (read on...)

How the Banking Credit Card Fiasco Affects Your Business

January 5, 2010 by  | Leave a Comment Filed under: Credit 

I was nervous yesterday as I called one of the major credit card companies I use for business. I was expecting a very overworked and underpaid representative telling me there was absolutely nothing they could do for me. Two years ago I took advantage of a two-year interest-free credit card (read on...)

Requesting an Installment Agreement With the IRS

December 8, 2009 by  | Leave a Comment Filed under: Taxes 

If you owe taxes that you cannot pay, there are options. One of the more popular options is to request an Installment Agreement with the IRS. The IRS web site says: Taxpayers who owe $25,000 or less in combined taxes, penalties and interest can use the new Online payment agreement, known as OPA. (read on...)

Four Types of Federal Student Loan Consolidation

October 3, 2009 by  | Leave a Comment Filed under: Debt 

You can make use of federal student loan consolidation at any point of your education, when in school, university, or even when starting out on your career. The US government allows U.S. students to consolidate their federal student loans, enabling them to ease their financial worries. With the (read on...)