The most important aspect about this new legislation is that the process of debt settlement or debt negotiation has become much more legitimate. The risk has been taken off the consumer and transferred to the debt relief services.
Read MoreThe new regulations on debt relief programs will clean up the industry and repair its reputation. The debt settlement negotiation process will survive and probably attract more clients as there is now far less risk on behalf of the consumer.
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 MoreCredit card delinquent accounts are rising at unprecedented levels as many consumers simply cannot afford to pay back their balances. In order to avoid bankruptcy, many debt relief solutions were introduced one of which is debt settlement.
Read MoreThe general purpose of the Obama credit card reform act was to prevent credit card companies from raising interest rates as well as having them provide more disclosures. It has however created other implications in the credit card debt market.
Read MoreComing off one of the worst recessions in United States history there are more Americans deeply in credit card debt than ever before. Debt settlement negotiation and credit counseling are two legitimate debt relief options but what's best for you?
Read MoreThere are more Americans currently in debt than at any other time in our history. Credit card balances have skyrocketed to insanely high levels and many consumers are unable to meet even their monthly payments. So what are the best options?
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 MoreComing off one of the worst recessions in United States history, many consumers are left on the verge of bankruptcy. Several debt relief options have been introduced and here we take a look at one of the options known as a debt negotiation program.
Read MoreBankruptcy should always be considered a last resort for securing debt relief. There are several other debt relief alternatives that will result in a better outcome than filing bankruptcy for most people.
Read MoreThe main reasoning behind the American debt recovery plan is that many consumers are simply unable to pay back their credit card debts. Instead of filing bankruptcy new methods have been introduced to bridge the gap between creditors and consumers.
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 MoreNew bankruptcy laws passed in 2005 made filing bankruptcy much more difficult so American consumers are now resorting to other debt relief options. Here we look at why debt negotiation programs have become so popular.
Read MoreWhen a consumer is on the verge of bankruptcy and their account is delinquent, creditors have no choice but to agree to a debt settlement deal. As a result, debt negotiation programs have gained popularity amongst a debt ridden American public.
Read MoreComing off one of the worst recessions in US history many consumers find themselves on the verge of bankruptcy and desperately in need of debt relief. There are several debt relief options for consumers due in large part to government tax breaks.
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 MoreWith the down turn in the economy many people are burden with debts and so debt consolidation has became an important tool to eliminate debt. For which government has also taken steps to help people getting out of debts through a website page which e
Read MoreWith bankruptcy laws becoming more strict over the past two years debt settlement has gained more prevalence amongst debt ridden consumers. While debt settlement is not perfect, it is a legitimate way to eliminate unsecured debt.
Read MoreMany Americans lately have been avoiding bankruptcy and eliminating their credit card debt at a significant savings. Here we will take a look the pros and cons of several debt relief options.
Read MoreMassive debts have plagued families across the country and Americans are left searching for answers to pay their unsecured debt. With many financial institutions getting bailed out, consumers are also trying to get bailed out.
Read MoreCredit card debt relief has become bigger than ever recently for a number of reasons. One such reason is in direct accordance to the new bankruptcy laws of 2005. These tighter bankruptcy regulations have directly increased debt settlement filings.
Read MoreA big debate that has come up recently is that of legal options for debt relief in 2010. At the top of the debate is that of bankruptcy vs. debt settlement. Both options can been very effective but each comes with pros and cons.
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 MoreOver the last 2 years Americans have witnessed several financial institutions get bailed out of their credit obligations. Many consumers are now trying to get the same treatment from their creditors through a process known as debt settlement.
Read MoreWith credit card companies jacking up their interest rates, and bankruptcy being more difficult to qualify for, debt settlement serves as a legitimate industry that benefits both the debtor and the creditors.
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 MoreA recent study has determined that there are more Americans currently in credit card debt than at any time in history. So how are consumers today dealing with massive credit card debts?
Read MoreWith the recent market crash, a lot of people have been rendered jobless or with a major reduction in salary. Due to new bankruptcy laws consumers who couldn't pay their bills ended up choosing the debt settlement process.
Read MoreRecently leaders from the debt settlement industry appeared before congressional hearings to defend themselves against increased scrutiny. So is debt settlement a legitimate industry and when does it make financial sense for consumers?
Read MoreA recent investigation into the debt relief industry found that some companies were promoting debt relief grants from the government when they really didn't exist. So what are some legitimate debt relief options for consumers?
Read MoreThe debt settlement industry has grown significantly over the past couple years and a few unethical companies have given the whole industry a bad name. Representatives from the industry recently responded to the legitimacy of debt settlement.
Read MoreWhen millions of consumers could no longer qualify for bankruptcy many of them decided to go the debt settlement route. This has created a massive growth in debt settlement programs and the industry in now undergoing stricter regulations.
Read MoreA representative for the United States Organizations For Bankruptcy Alternatives(USOBA)recently responded to the legitimacy of the debt settlement industry in a congressional hearing. So is debt settlement a legitimate industry?
Read MoreThe debt settlement industry however has gotten a bad rap lately mainly because of unqualified companies popping up making bogus claims and taking large upfront fees from consumers. TASC recently responded to the legitimacy of debt settlement
Read MoreSouth Florida debt settlement company provides an invaluable service to consumers who are struggling under large amounts of credit card debt, have much more debt than they can comfortably afford, have a low or steadily declining credit score, or are
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