From How to Get Out of Debt

Here is an excellent video that was sent to me by a friend which contains 44 perfect life lessons for debtors. The video helps to put what really matter into perspective and to refocus us to realize that while debt is painful and immediate there are still joys and opportunities around for us to still [...]

Read the full article at GetOutOfDebt.org, click here: 44 Lessons in Life for Debtors

From How to Get Out of Debt

I understand that the Federal Trade Commission has been looking into regulating the debt settlement industry. I feel the time has come to finally address the needs of consumers for representation in credit counseling and debt settlement matters. I have provided a statement to the FTC in order to support the acceptance and regulation of [...]

Read the full article at GetOutOfDebt.org, click here: Federal Trade Commission Should Allow For-Profit Credit Counseling and Debt Settlement Firms to Assist All Consumers

From How to Get Out of Debt

At ByDesign Financial Solutions, a debt-counseling service in Modesto, Calif., they’re working overtime these days. “Our call volume went up 97% in the past five weeks, which has left us scrambling,” says Martha Lucey, president of the nonprofit agency. “[The callers] are close to the max on their credit cards, and they just can’t figure [...]

Read the full article at GetOutOfDebt.org, click here: Surviving With Less Credit

From How to Get Out of Debt

I can dream, can’t I? If I could get a wish for debtors it would be to wave a wand and implement this perfect debt assistance or debt relief program. Here is what the program would look like. A Sliding Scale Nominal Charge – Consumers would have to pay a sliding scale setup fee. It [...]

Read the full article at GetOutOfDebt.org, click here: The Perfect Debt Assistance Program

From How to Get Out of Debt

This weeks personal finance brain trust question was: Which U.S. presidential candidate will most likely do more to help debtors and/or reform current bankruptcy regulations? Feel free to elaborate. WC – A 27-year-old writer living in Chicago and writing about personal finance through The Writer’s Coin. This question seems like a veiled attempt at asking [...]

Read the full article at GetOutOfDebt.org, click here: Which Presidential Candidate Is Better For Debtors? Personal Finnance Bloggers Question of The Week.

From How to Get Out of Debt

People are often so confused or uninformed about debt management plans in the US that I wanted to share some truths with you. Here are the five biggest misconceptions people have about debt management plans, in no particular order. Debt Management Plans Are Not Designed for You to Get Out of Debt Since the DMP [...]

Read the full article at GetOutOfDebt.org, click here: Five Inside Truths About Debt Management Plans (DMP) You Need to Know