The Credit Debt Settlement Act 2010 make it much less risky for consumers to negotiate and settle their unsecured debts for less. Now when you enter such a program you will not be responsible to pay a single penny until your debts are settled.
Read MoreDebt settlement companies are no longer able to collect upfront fees. This means that you don't have to pay a single penny until they are able to negotiate a successful settlement deal and eliminate at least 35% of your unsecured debts.
Read MoreFiling for bankruptcy might have been appealing in the past however new federal laws make this option far less attractive. It is important that consumers know all of their options for debt relief before ever filing bankruptcy.
Read MoreNew federal laws were recently passed that provided significant protections for consumers in credit card debt. Now when someone enters into a debt settlement program they won't have to pay a dime until their debts actually settle.
Read MoreDebt settlement which used to be a very risky option for debt relief is now a legitimate and affordable option thanks to new federal laws which ban the practice of collecting upfront fees.
Read MoreThe new federal credit card debt relief laws were passed for good reason. These laws have changed the debt settlement industry and made it an overall much better option for consumers seeking debt relief.
Read MoreThe Credit Card Debt Settlement Act 2010 went into effect yesterday and now consumers that enter into a debt settlement program will not have to pay a fee until their debts are actually settled.
Read MoreNew regulations for the debt relief industry go into effect today and effectively ban debt settlement companies from collecting upfront fees for their services. Now, consumers won't have to pay a dime until their debts are actually settled.
Read MoreBankruptcy used to be the easiest way to eliminate debt however with these new FTC laws in place, entering a debt settlement program has become far less risky. If they don't settle your debt you don't have to pay a dime.
Read MoreThe Credit Card Debt Settlement Act 2010 was recently passed by the FTC. This new legislation bans debt settlement companies from collecting upfront fees and also provides stricter regulations on disclosure requirements.
Read MoreMaking debt settlement a performance based industry has taken much of the inherent risk off of the back of the consumer and transferred it to the debt relief company. With these new laws, if companies don't perform consumers won't have to pay a dime.
Read MoreCredit counseling and debt settlement are two debt relief options that many consumers frequently group together. While they do have some aspects in common, they actually resolve credit card debt very differently. Which option is best for you?
Read MoreOn July 28th 2010, the FTC banned debt settlement companies from collecting upfront fees. This means that consumers who enter into a debt settlement program will not have to pay a fee until their debt are successfully settled for an agreeable amount.
Read MoreThe Credit Card Debt Settlement Act of 2010 has created a legitimate opportunity for Americans to eliminate a percentage of their credit card debt. New regulations placed on debt settlement companies has made it a much better deal for consumers.
Read MoreCredit card debt continues to be one of the biggest problems facing the American public. Lending standards over the past decade have been downright irresponsible and now consumers are left searching for credit card debt relief options.
Read MoreThe Credit Card Debt Settlement Act 2010 was recently passed by the Federal Trade Commission of the United States. These new laws make it much easier and less risky for consumers to settle credit card debt for less.
Read MoreNew laws recently passed by the FTC have banned debt settlement companies from collecting upfront fees thereby making debt settlement a legitimate option for personal credit card debt relief.
Read MoreThe Credit Card Debt Settlement Act of 2010 will force the debt relief companies to live up to their promises and negotiate successful settlement deals. The days of collecting large upfront fees with no performance guarantee are over.
Read MoreWith the new FTC laws, debt relief companies won't get paid unless they are able to settle the debt for an agreeable amount. This will undoubtedly increase the effectiveness of debt settlement and provide consumers more protection.
Read MoreWith the new FTC laws, consumers who opt for debt settlement will not have to pay a dime until their debts are actually settled. This legislation is indeed a victory for both the Obama administration and consumers in credit card debt.
Read MoreThe new debt settlement legislation has taken the risk off the back of the consumer and placed it upon the debt settlement companies. The days of collecting large upfront fees without actually settling the consumer's debts are over.
Read MoreWith these new laws consumers who enter into a credit card debt settlement program won't have to pay a dime until their debts are actually settled. Therefore, the risk of debt settlement has been shifted from the consumer to the debt relief company
Read MoreThese new debt settlement laws have shifted the risk from the consumer to the debt settlement company. If your debts don't settle you won't have to pay a dime. These new regulations are indeed a victory for consumers in debt.
Read MoreThe debt settlement industry is now much more legitimate. New laws recently passed are expected to be a big win for consumers in debt. The days of paying large upfront fees without getting any real debt relief service are over.
Read MoreNew bankruptcy laws recently passed in 2005 have started to take a toll on the American consumer. With bankruptcy laws making the process much more difficult, consumers have resorted to other debt relief options on of them being debt settlement.
Read MoreOnline advertisers and debt relief companies have capitalized on this notion of the government debt relief bailouts however this concept is kind of misleading. So what are legitimate options for getting out of debt?
Read MoreComing off one of the worst recessions in American history many consumers find themselves unable to pay their bills and searching for debt relief. New bankruptcy laws however have led many consumers into the debt settlement process.
Read MoreIn the past, consumers who struggled to meet their minimum payments were forced into filing bankruptcy. However the new bankruptcy laws that were passed in 2005 led to a few other debt relief options one of them being debt settlement.
Read MoreIf a consumer finds themselves in a difficult situation not having enough money to cover basic necessities, paying back their debt is never going to be easy. Here we will look at the option of credit debt settlement and when it makes financial sense.
Read MoreThe debate of debt settlement vs. personal bankruptcy has taken a recent turn towards towards debt settlement, commonly know as debt negotiation, do to the new bankruptcy laws passed in 2005.
Read MoreDebt settlement has become more popular over the past couple years in large part due to the "bailout" attitude set in place by the federal government. Consumers are now trying to get bailed out of paying unsecured debt through debt settlement.
Read MoreFor consumers with $10k or more in credit card debt it will take nearly an entire lifetime to pay back the debt in full. Instead of filing bankruptcy many Americans are turning to the debt settlement process. So is this a wise decision?
Read MoreWhile congress is attacking the debt settlement industry for unethical practices they are conveniently forgetting that the core problems originated with the passage of the new bankruptcy laws. These laws make debt settlement a viable option.
Read MoreThanks to new bankruptcy laws making the process much less appealing, the debt settlement industry has seen significant growth over the last 5 years. So is debt settlement a legitimate industry?
Read MoreRecent congressional hearings into the debt settlement industry have fueled the debate of whether or not debt settlement is a legitimate industry. Here we will take an unbiased evaluation into the debt settlement industry.
Read MoreRecent debates into the debt settlement industry led to several different proposals being presented one of which is the attorney based model. The attorney based debt settlement model would give consumers more protection under the law.
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