The Greeks camouflaged the fiscal deficit by borrowing more. It like acquiring loan to pay for other loans. Instead of using loan money to strengthen its economy, Greece spent them on superficial priorities. Thus, as soon as the first big wave hit, the Greek house went crashing down.Anatomy of the EU Economic Crisis – Internal Factors that Worsened Greece's Debt Crisis By: Sammi Jonesman About the Author Sammi loves...more
Debt Collectors Driving You Nuts? – How To Deal With Annoying Debt Collectors By: arnoldfraizer About the Author www.debt-settlements.com is a matchmaker in the debt settlement industry. They have paired up thousands of consumers up with debt settlement companies who are most likely to get consumers the best deal. http://www.debt-settlements.comcontact us for free debt advice = 8884442820 (ArticlesBase SC #2932857) ...more
However, if a debt consolidation program is suitable for a particular debtor, the same program may not be suitable for another. To find out as to which debt relief method best suits an individual, the first thing a debtor should do is to take help from an efficient debt counselor who will be able to guide the debtors better and give suggestions accordingly. Avail a debt counseling session from an expert debt counselor.A good debt counselor works in close association with the debtors and works out a budget so that the debtors can spring back to a healthy financial condition. He can suggest a method which suits your financial needs best so that you can become debt free within a very short time period.Debt has been a major cause of concern in the last couple of years and it worsened to lead to the subprime loan crisis lately. .Debt has taken the world by storm-During the period 1970 to 1980, there were many low income nations whose debts had started building up due to several factors. Some of the factors included-· Fall in commodity prices· Low rate of economic growth· Economic shocks suffered by several countriesThese factors...more
Thus, let's have a look at the downside of debt settlement and see if it's exact for you. We are aware that it will reduce you from a big portion of your debt but it has its drawbacks.Debt Settlement – Does It Make Financial Sense For You? By: pollstump About the Author www.CreditCardDebtNegotiations.com is a matchmaker in...more
Debt settlement companies are widely available in just about every state however some are just flat out more experienced than others in debt negotiation. That's why it's so important for consumers to use debt relief networks. These networks qualify and only accept the best performing debt settlement companies.How Debt Settlement Works - Breaking...more
The Fair Debt Collection Practices Act (FDCPA) has a set of rules that determine what can be termed as harassment by the debt collector. Harassment can be either written or verbal. Calling you repeatedly at home or work place is a form of harassment. Harassing in any form is considered a severe violation of the FDCPA.According to the FDCPA the following are considered violations of the Act by the debt collector:Harassing by calling repeatedlyThreatening to use violenceUsing obscene or abusive languageCalling at work placeCalling after you request him not to callCalling but not giving name Sending notices that look like court noticesPublishing a list of consumers who have not paidTrying to extract payment over phoneGiving false identity of being an attorney A debt collector can call you if there is a genuine debt to recover. But debt collectors are often over- enthusiastic and may end up placing too many calls or end up using tough language. This is considered to be harassment. The FDCPA punishes harassment by debt collectors. The Act gives out specific guidelines on what is considered unlawful behavior. These guidelines protect consumer rights.If debt collectors obey the rules...more
Debt settlement companies are widely available in just about every state however some are just flat out more experienced than others in debt negotiation. That's why it's so important for consumers to use debt relief networks. These networks qualify...more
Debt settlement companies are widely available in just about every state however some are just flat out more experienced than others in debt negotiation. That's why it's so important for consumers to use debt relief networks. These networks qualify...more
You need to carefully consider what it was that got you into debt in the first place and what you can do to stop it happening again. Sometimes overspending and debt can be a symptom of more serious emotional problems. If you don't sort these issues...more
So, the message is, relax about paying taxes on canceled debt balances. That should be the least of your concerns if you're upside down financially. Don't let the misguided criticisms of financial writers (who haven't done their homework) discourage...more
If you have questions about the Fair Debt Collection Practices Act, or your rights under the Act, write: Correspondence Branch, Federal Trade Commission, Washington, D.C. 20580. Although the FTC generally cannot intervene in individual disputes, the...more
Almost all of the debt consolidation companies have websites, and most are just a phone call away. The prominent ones advertise on television and radio. However, it would be prudent for consumers to check with the Federal Trade Commission or the...more