There are several ways for you to deal with your debt and credit problems, including debt negotiation, debt settlement, and bankruptcy. In this article, I want to focus on debt negotiation, since it is probably the least understood of the three. Debt negotiation is your effort to get a creditor to agree to lesser terms […]
Debt and credit are strongly related. There is a very high correlation between people that are troubled with debt to also have a low credit score and other credit related challenges.
The very word “bankruptcy” is intimidating. Just the mention of the word conjures up visions of living on the street and being penniless, and even of not having a future. That’s more than a bit of an exaggeration of course. But there are serious consequences involved in bankruptcy filing that you should take very seriously […]
Do you find it difficult to make ends meet each month? Do you shake with worry when some unexpected major expense pops its ugly head? If so, you’re not alone. An unsettling report came out back in 2011 that indicated that 64% of American households don’t have as much as $1,000 to handle an emergency. […]
I remember when I was about 14 years old. There was a period of several months when my parents told me NOT to answer the phone under any circumstances. I thought it was strange at the time of course but as a good little Pilgrim, I listened. It didn’t take long to figure out what […]
This may be difficult for you to believe but over the course of my 30 year career as a financial advisor, I’ve seen plenty of rich people who suffer from ruinous spending. This can often create large accumulated debts which many find unable to pay. As a result, many wealthy folks find themselves broke and […]