Debt 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 used to be the easy way out of debts. Not anymore thanks to new federal laws. Consumers on the verge of bankruptcy should at least consider negotiating a debt settlement deal before filing bankruptcy.
Read MoreMaking the debt settlement industry a performance based service has made it far less risky and more financially advantageous for consumers to settle credit card debt. Now if they can't settle your debt, you don't pay a single penny.
Read MoreThe Federal Credit Card Debt Settlement Act 2010 was recently passed and now consumers in credit card debt have a legitimate option for debt relief. Now if debt settlement companies can't get you a successful settlement deal, you don't pay a dime.
Read MoreAre you head over heals in credit card debt? If so you're definitely not alone. There are more consumers on the verge of credit card debt bankruptcy than ever before. Thanks to new federal debt relief laws, bankruptcy is far less advantageous.
Read MoreThere has been a lot of talk about Obama's credit card debt relief bills and what it means for consumers in debt. Here will will separate fact from fiction and let consumers know how to capitalize on new federal debt relief laws.
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 MoreCredit card companies have been recklessly lending credit to the American public and collecting millions of dollars in interest payments. Now with millions of consumers unable to pay, they are having no choice but to make debt settlement deals.
Read MoreDebt settlement negotiation is an aggressive debt relief option that has seen a significant number of new cases opened up in 2010. So why are credit card companies and other creditors agreeing to these debt settlement deals?
Read Morenew bankruptcy laws that were recently passed made filing bankruptcy far less advantageous and more difficult to qualify for. As a result of these new bankruptcy laws other debt relief methods have come about one of which is debt settlement.
Read MoreThe Credit Card Debt Relief Act 2010 mainly targets debt relief companies and bans the practice of collecting upfront fees. This new legislation makes the debt settlement process much more legitimate and less risky for consumers.
Read MoreCredit card companies and other creditors of unsecured debt are worried about the rising delinquency rates and are having no choice but to agree to debt settlement deals. With the new FTC laws, the settlement process is much easier for consumer.
Read MoreFiling for bankruptcy used to be the easiest option to eliminate debt and get a new financial start. With these new laws however other debt relief options such as debt settlement have become much more financially attractive.
Read MoreCredit card debt balances are rising out of control and many consumers are struggling to meet the minimum payments. In order to avoid bankruptcy, credit card companies and other creditors of unsecured debt are making more debt settlement deals.
Read MoreThis legislation is expected to make credit card debt settlement a much more legitimate option for consumers seeking debt relief. Now consumers won't have to pay a dime if their debts don't settle.
Read MoreAs of July 28th, 2010, the Federal Trade Commission (FTC) passed the Credit Card Debt Settlement Act of 2010. Debt settlement is now a much more attractive option for consumers in credit card debt.
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 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 MoreNew laws regarding the debt settlement industry were recently passed by the FTC. These new regulations have made the debt settlement industry much more legitimate and clearly a better alternative than filing bankruptcy.
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 MoreEntering into a debt settlement program used to be very risky because there was no guarantee that the debts would actually settle. With the recently passed laws by the FTC, consumers now will not have to pay a dime until their debts are settled.
Read MoreThe most important aspect about this legislation is that the process of credit card 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 MoreOn July 28, 2010 new laws regulating the debt settlement industry were passed by the FTC. These laws completely change the debt relief industry and fuels the debate between Bankruptcy Vs. Debt Settlement. So which is better for debt relief?
Read MoreThe 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 MoreThere are more consumers massively in debt than at any other point in recent history. The irresponsible lending standards over the past 2 decades have left consumers in a financial mess. So what are the 3 best options for debt relief?
Read MoreNew bankruptcy laws have made filing bankruptcy an absolute last resort. With bankruptcy becoming more difficult to qualify for, other debt relief options have emerged to help consumers experiencing financial hardships.
Read MoreWith bankruptcy becoming more undesirable than ever, many consumers experiencing a financial hardship have opted for a debt settlement program. So is this the best option to avoid bankruptcy and eliminate debt?
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 MoreTo clear debt, American consumers are working in different ways and programs. From credit counseling to debt settlement programs, getting out of debt seems to be a national goal these days. Here we take a look at debt settlement negotiation.
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 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 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 MoreCredit card debt was readily available over the last two decades and many Americans spent wildly and are now desperately in need of credit card debt relief. So what are the best debt relief options?
Read MoreCredit card debt is a problem that almost every American can identify with however there has never been a time in history where so many consumers are massively in credit card debt. So what are the best debt relief options for 2010?
Read MoreWhile consumers can certainly negotiate a debt settlement deal on their own, studies have found that legitimate debt settlement services are able to provide much more leverage and ultimately negotiate a better deal. So why is this so?
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