Fair Debt Collection Practices Act- Is It Working?

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Many consumers have managed to survive the recession and weak economy in the last few years, however most have done so with a struggle. Individuals who previously had no experience with debt collectors and their antics may have been surprised by the tactics used to collect delinquent payments. While many consumers are back on their [...]

New Bills? I Didn’t Pay Off Last Month’s Yet!

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Having money problems is not uncommon these days especially with the high rate of unemployment and higher cost of living. Even a few gallons of gas to get to work can set you back pretty far in a week’s time. As the living expenses keep adding up, you may find eventually that new bills are [...]

5 Signs of Debt Trouble You Might Be Overlooking

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Debt can be a serious burden when you know you are already deep down in it. But there are some individuals and families who do not realize how close they are to crossing the line. Some of the more obvious signals of debt include not enough income to pay all the bills in a month [...]

Debt Collection and Court Action

Leave Debt Behind - Fair Debt Collection Practices Act

Well, here’s another phone call from the debt collection folks and this time they’re threatening legal action.  This legal action – they say – will result in your wages being garnished or collected from your assets. In reality, a debt collection cannot threaten to take you to court.  In fact, the collector is actually violating [...]

Dealing With the Downside of Bankruptcy

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For some extreme cases of debt and financial instability, bankruptcy may end up being the only answer to one’s financial struggles. Credit repair is possible after bankruptcy but it certainly is not an easy task to rebound once bankruptcy has been filed. Bankruptcy is not an easy decision to make nor is it one that [...]

Leave Student Debt Behind – 4 Ways to Reduce Your Monthly Student Loan Payment

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Learn successful strategies to reduce your loan payments. Getting a college education is a wonderful asset, but graduating and facing the reality of paying your student loans normally causes anxiety.

How To Deal: When A Monkey Wrench Lands in Your Debt Plan

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So you’ve been staying on track with your debt plan, making a nice dent in paying off debts and paying bills on time and then something happens that throws a wrench in your entire plan. No amount of planning can predict everything that can happen but there are ways to start re-planning a recovery. Some [...]

Pay off Credit Card Debt with Debt Management

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Find out whether it is possible to repay credit card with a debt management plan. Information on the different debt solutions in the UK.

When Late Fees and Charges Increase Your Debt

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How often have you made a purchase or overdrawn your bank account and, when the payment came do, you couldn’t pay the amount owed?  Circumstances change fast, and it’s not surprising that one day we have money and the next day we don’t. When a debt collector finally reaches you, he/she may say you owe $1200 [...]

Have a Ball and Spend Nothing – Frugal Can be Fun

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Any debt collection agent will tell you that when you’ve beaten the spending compulsion, you’ve got things under control. Beating the Spending Bug The idea that you have to spend money to have fun is probably the most destructive single mindset in anyone’s budget management. Think about it for a minute: Do you really have [...]