If you find yourself in a large amount of credit debt, the idea of using a debt settlement company to help you get out of the red may sound like a good idea. They make it seem like they are there for you and will work with you to manage your debt balance. In some cases, using a debt settlement company can be a good option, but make sure to know what you are getting yourself into before you make that choice. Credit card companies normally are just as willing to work with you even if you owe large sums, as it is ultimately in their best interest for you to be able to pay back as much of the balance as you can.
Let’s be honest, if you are eagerly awaiting your tax return, you are not planning to spend it on the right things. Too often people get a chunk of money they usually do not receive at any other time in the year and their eyes light up. If you are
Having credit card debt is just a way of life for most people in America. However, there may come a time when those people are ready to be free of the burden. People with credit card debt that own a home or have equity in their financed home often look
Debt collectors have always been creative. They use phone, email, mail, text messages, at home visits, and many other techniques to get in contact with a person in debt. According to the Federal Trade Commission, all of those methods are legal except postcards with details anyone could see. However, if
In 2018, the average household owed $9,333 in credit card debt (for more see this post). Almost 50% of Americans have revolving credit debt. So, what can you do about it? The easier answer: pay it off! However, not everyone has thousands of dollars at a time to hand over
As of September 2018, the average amount of debt per person is $5,700. The average balance per household is $9,333. The total amount of revolving debt in the United States is $1.03 trillion. 41% of the people in the U.S. have some level of credit card debt. Have you ever
The short answer: get an attorney. However, there are some who would rather try to defend themselves in court. If you receive a summons to appear in court because you are being sued by a debt collection company, you have options.
Step 1 – Time is of the Essence
If you received
You get an advertisement in the mail from a law firm saying a case was filed against you recently and they would like to represent you. At first, you think it is a mistake and then you keep reading. It turns out the credit card debt you have been meaning
Clients frequently ask that question of Dsouza and Strachan Lawgroup. However, the answer depends upon many factors, and each individual’s legal situation is different; as such, we review the facts on a case-by-case basis.
A bankruptcy filed too early could result in the loss of property, which otherwise might have been retained. A