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How Can I Afford a Used Car On a Beater Budget?

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Dear Dollar Stretcher, I’d like to get a good used car without going in the poor house! We have 3 school-aged children. Our old Ford pickup doesn’t have room for them. I wanted to spend $5,000 or less and don’t want car payments. Do you have any ides where to look besides the newspaper? Kevin S. Buying a good used ... Read More »

    The Truth About The Success Rates, Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, Bankruptcy, and Debt Consolidation Loans

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    This is a story that I’ve been working on for a few weeks. I’ve been asking people and groups for feedback and information to write this but what I’ve run into, is a wall. I have received some feedback from groups and people that don’t wish to be publicly identified to protect themselves but what I have learned has been ... Read More »

      How to Get Out of Debt in Three Big Steps


      As a consumer debt expert I deal with questions from readers on a daily basis about how to get out of debt. It’s a short and simple question that becomes easily overpowered with a lot of emotions and information that clouds the issue. Getting out of debt can be broken down into these major steps: Understand How You Got Into ... Read More »

        AVOID – Notice of Resolution Benefits Mailer

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        A wonderful reader sent in a copy of a mailer they recently received that is labeled as a NOTICE OF RESOLUTION BENEFITS. The reader says when they called the number on the mailer, 866-417-0597, the company that answered identified themselves as J & D Associates. Our dear reader was perplexed why they got this mailer to begin with since their ... Read More »

          Tim Gibbons & National Employee Benefits Group – Again

          A tipster (send in your tips here) has just sent me an interesting document on a company, National Employee Benefits Group. I wrote about National Employee Benefits Group and it’s managers and/or owners before in Debt Relief Companies of Tim Gibbons and Jennifer Yoffe Not What They Seem. In the comments to that article, Tim Gibbons went ballistic and claimed ... Read More »

            Negotiating a Debt Settlement With a Debt Collector

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            Are you in collection and want to negotiate with the debt collector to settle your debt for less than you owe? This video will show you how to do it with great advice from my friends, Gerri Detweiler and Michael Bovee. We talk about the best time to settle a debt with a debt collector and how much to expect ... Read More »

              Law School Grads Become Hopeless Economic Slaves to Their Student Loans and Poor Opportunities

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              Remember all those people that wanted to go to law school to make a ton of money, and help people as well. The way it looks now the trend in lawyers being able to find jobs is slipping. Paul Campos, a Professor of Law at the University of Colorado says that only one in three is able to find gainful ... Read More »

                What Kind of Racket are Rampart MMW and Omni Home Solutions Playing Around With?

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                A reader sent me in the following alleged email they wanted me to see from Omni Home Solutions. It creates a mystery that I spent a few moments looking at and on the surface it is a bit perplexing and dare I say it looks like an approach to try to protect people’s home from foreclosure by lumping it in ... Read More »

                  Mortgage Company CFO Sentenced to 60 Months in Prison

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                  Delton de Armas, a former chief financial officer (CFO) of Taylor, Bean & Whitaker Mortgage Corp. (TBW), was sentenced today to 60 months in prison for his role in a more than $2.9 billion fraud scheme that contributed to the failure of TBW. De Armas was sentenced June 15, 2012 by U.S. District Judge Leonie M. Brinkema in the Eastern ... Read More »

                    What Can We Do About Threats From Ford Motor Credit? – Marvin

                    “Dear Jon, My wife and I have been struggling to pay bills due to her employment situation. She has been unemployed and currently works part time. Ou home have been modified and we just is barely making ends. We were excellent customers with Ford Credit until she lost her job. The account manager have been harassing us calling my wife ... Read More »

                      Title Loan Lender Fast Auto Loans Sued in WV

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                      In an effort to protect West Virginians from the abusive and unlawful harassment and triple-digit interest rates of a predatory out-of-state title loan company, West Virginia Attorney General Darrell McGraw today filed suit in the Circuit Court of Jefferson County against Virginia-based Fast Auto Loans, Inc., its parent company, Community Loans of America, headquartered in Atlanta, and its owner Robert ... Read More »

                        Father Struggles to Pay Dead Son’s Student Loans

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                        by Marian Wang, ProPublica, A few months after he buried his son, Francisco Reynoso began getting notices in the mail. Then the debt collectors came calling. “They would say, ‘We don’t care what happened with your son, you have to pay us,'” recalled Reynoso, a gardener from Palmdale, Calif. Reynoso’s son, Freddy, had been the pride of his family and ... Read More »

                          How to Find a Great Chapter 7 or Chapter 13 Bankruptcy Lawyer or Attorney


                          So you might have decided that it’s time to investigate filing a chapter 7 bankruptcy and you need a lawyer or attorney. But how to find a great one? Finding a great chapter 7 bankruptcy lawyer requires the same set of skills that finding a great doctor or dentist does. Here is how I think you can find a great ... Read More »

                            Good News for California Mortgage Holders

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                            California attorney Kristen Crone from UFAN Legal Group wanted me to share this recent case result with readers who might be California mortgage holders. She labels it as good news for some. “New case just decided in California that essentially says, “When original lender holding both first and second deeds of trust securing signle residential mortgage forecloses nonjudicially under the ... Read More »

                              Reader Makes Claims and Raises Issues About Fieldstone Law and National Advocacy Law Center

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                              I received the following tip from a reader below about Fieldstone Law and National Advocacy Law Center. If you know anything that might be helpful, please post it in the comments section below. Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? I have verified that [National Advocacy Law Center] was fieldstone law and law offices of ... Read More »

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