The good news is, if the debts are mostly unsecure, with a high balance, say $10,000 and above, there is a program for it. It's called Debt Settlement, in which reduction of that $10,000 debt, is the primary goal. This debt relief type is only for consumers who doesn't want to end up filing bankruptcy.Debt and the Bible (part 2) By: Debt Free Destiny About the Author June May is a debt consultant @http://debtfreedestiny.com ...more
The whole world is passing through the bad economy phase. Every country is going through the problems of credit crunch. More and more people are getting bankrupt because they are unable to pay off the loans that they have taken up. Even if they do not want to, people are forced to do so.There are some procedures involved in IVA. First of all, an application form along with copies of recent bank statements is submitted. A consultant is there to help in the application. If all the standard criteria are accepted then application is accepted for IVA programme. Panel members then act as legal representatives by contacting all the creditors. An IVA proposal is then drafted based on the information provided. An "interim order" is granted as a legal protection from creditors. Once this interim order is granted, creditors cannot issue bankruptcy proceedings. A Nominees Report is prepared by a panel member, who reveals whether IVA is an acceptable offer or not. After that, a meeting of creditors is scheduled. Usually, practitioners on the panel do not charge any upfront fees for the proposal. When IVA is approved, you can legally keep up your monthly IVA payments.Their bills start piling up...more
Debt and the Bible (part 3) By: Debt Free Destiny About the Author June May is debt consultant at http://debtfreedestiny.com (ArticlesBase SC #2902618) Article Source: http://www.articlesbase.com/ - Debt and the Bible (part 3) more
Atlanta's fantastic festivalsConsidered one of the South's richest cultural hubs, Atlanta is home to many festivals year round. From Springtime's Atlanta Dogwood Festival, the Decatur Arts Festival and the Sweet Auburn SpringFest to Winter's Martin Luther King, Jr. Celebration and Southeastern Flower Show, Atlanta's festival circuit spans the...more
Once you know your rights, it will be easier for you to talk to bill collectors. Not all collectors are rude and aggressive, some are actually pretty nice and will help you to set up payment plans. However, if you are in a situation that is out of control and you know that they are using illegal tactics, you should contact a fair debt lawyer to help you through these difficulties.The FDCPA Was Created To Protect Debtors Like You By: Nick Messe About the Author Learn more about the Fair Debt Collection Practices Act - and how the FDCPA protects you from debt harassment. Visit FairDebtHelpers.com for a free evaluation of your case by an experienced fair debt attorney. (ArticlesBase SC #2902877) Article Source: http://www.articlesbase.com/ - The FDCPA Was Created To Protect Debtors Like You more
Nicknamed the Sunshine State, Florida is not only a Mecca for retirees but also foreign investors in Miami condos. Considering that the state is predominantly a peninsula with the Atlantic Ocean on the eastern shore and the Gulf of Mexico lapping on...more
There's one debt recovery mistake that costs more businesses more money than any other... and chances are you're making this ruinous mistake too! And if that's the case, when you get this out of your system and rid yourself of this simple mistake,...more
The inevitable interest rate hikes are just around the corner, which means we will be paying more for pretty much everything. Now is a good time to set your sights on making the effort to get out of debt. Here are a few suggestions on how to do this...more
Civil Rights in AtlantaMany historic events associated with the American Civil Right Movement happened right in the heart of Atlanta and the city is still very active in preserving the memory of what went on and is still going on today. Atlanta is...more
Debt settlement has become a popular approach to resolving problem debts without having to file bankruptcy. With this approach, creditors agree to accept a portion of what you owe (usually around 50% or less) to settle the account, and the remaining...more
Being in collections actually works to your advantage because they've bought your debts for far less than your original balance enabling them to accept a smaller amount while still making money. I have never once seen or heard of a credit card where...more