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Recent Posts in debt settlement Category

When a Creditor Violates the Bankruptcy Discharge

When a Creditor Violates the Bankruptcy Discharge Your bankruptcy discharge is a court ordered permanent injunction prohibiting certain creditors from taking collection action against you. A debt ...
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Debt Collectors Must Obey The Law

Debt Collectors Must Obey The Law The Washington Post recently reported that a Southern California debt collection firm has been shut down by the Federal Trade Commission for violating debtor ...
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Bankruptcy is almost always cheaper than debt negotiation, settlement or consolidation

In most bankruptcy cases you will pay back nothing to your creditors. In other cases you will pay back what you can afford. Debt negotiation typically works by you making a payment to a company and ...
Continue reading "Bankruptcy is almost always cheaper than debt negotiation, settlement or consolidation" »

I stopped paying my credit card bill. What is going to happen?

When you stop paying your credit card bill the bank will want to find a way to get you to start paying again. The first step will likely be making phone calls and sending letters. If that does not ...
Continue reading "I stopped paying my credit card bill. What is going to happen? " »

Settling a Debt for less than you owe can cost more than you think

Yes settling a debt for less than you owe will save you money but it is not going to save you as much as you think. When you settle a debt with your credit card or other creditors for less than you ...
Continue reading "Settling a Debt for less than you owe can cost more than you think " »
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