Latest Posts
Home > Debt Articles (page 80)

Debt Articles

File for Bankruptcy

bankruptcycourt

Types of Bankruptcy It is important for people to determine the type of bankruptcy that they need to file according to their current financial situation. They can have a systematic and successful bankruptcy case when they are aware of the requirements and procedure for the particular case that they plan to file. Chapter 7 Bankruptcy This involves the total liquidation ... Read More »

    CFPB Rolls Out Beta Version of Cost of College Tool – Cool!

    Screen Shot 2012-04-11 at 5.47.35 PM

    The Consumer Financial Protection bureau has just announced a beta version of a new tool they’ve been working on to help inform people about the costs of college in order to make better decisions. For a first pass it’s pretty cool. It allows you to enter up to three school names in the tool and then compare the average costs. ... Read More »

      BBB Study Finds Big Issues With Credit Repair and Debt Settlement Companies

      Screen Shot 2012-04-11 at 2.42.24 PM

      The St. Louis BBB recently released a study titled, “Are They Creditable” in which they took a look to see if consumers were being taken advantage of by credit repair and debt settlement companies. They utilized their local St. Louis BBB and national BBB databases for complaints and other reporting sites. Credit Repair Scam A study of the credit repair ... Read More »

        Declaring Bankruptcy

        bankruptcycourt

        Any decision of declaring bankruptcy may seem like a traumatic event, but it is often the most logical choice to deal with problem debts. As it is a very personal decision, therefore one should take time and understand all the facts before making any move in this. Bankruptcy has not been designed as an “easy way out” of debt. It ... Read More »

          GetOutOfDebt.org to Launch Bankruptcy Attorney Local Directory

          Ready to Collapse

          I wanted to bring you into the loop on some changes you will find on the site and how I think this will assist both the site and readers. In the past the site has relief on it’s income from strictly Google Adsense advertising. You can read the site terms for a lengthy description of how things work. For a ... Read More »

            Legal Helpers Debt Resolution Not Happy With Alleged Poaching by CALG and CAPC

            Screen Shot 2012-04-11 at 11.37.05 AM

            Yesterday I wrote a follow-up story about Consumer Affairs Law Center and Consumer Affairs Processing Center who sent a letter to a debt settlement client of Legal Helpers Debt Resolution instructing them to terminate their agreement with LHDR and move to Consumer Affairs Law Center. You can read the article here. Jeffrey Aleman, an attorney with Legal Helpers Debt Resolution ... Read More »

              Bankruptcy Information

              Ready to Collapse

              When a person gets under so much debt that it becomes unmanageable then it becomes necessary to look for bankruptcy information and advice. There are advantages and disadvantages of declaring bankruptcy and it is important to know both sides of the coin. There are some benefits of filing bankruptcy that cannot be underestimated. For example, a debtor completely gets out ... Read More »

                Bankruptcy California

                bankruptcycourt

                You remember that old song Hotel California by the Eagles? It’s time for a new updated version titled Bankruptcy California. There are many reasons why you should consider filing for bankruptcy California. Especially if there seem to be no way out of your financial predicament. Making use of a skilled California bankruptcy attorney will give you the power you need ... Read More »

                  OCC Issues Cease and Desist Letter Against Citibank

                  Ready to Collapse

                  The OCC announced it has sent a cease and desist letter to Citibank regarding “identified deficiencies in the Bank’s overall program for Bank Secrecy Act/anti-money laundering (“BSA/AML”) compliance” As we all know, banks make mistakes. It just seems that typically it is the consumers that wind up paying for them. The OCC found that the bank’s BSA compliance program had ... Read More »

                    Fake Attorney Load Modification Schmuckler Pleads Guilty

                    Ready to Collapse

                    Howard R. Shmuckler, 68, of Virginia Beach, Va., today pled guilty to running a fraudulent mortgage modification business that received substantial fees but actually modified clients’ mortgages in only a few cases. Christy Romero, Special Inspector General for the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP); Neil H. MacBride, United States Attorney for the ... Read More »

                      Bankruptcy Means Test

                      bankruptcycourt

                      In case you find yourself deep into debts, filing for bankruptcy could be one of the best options to consider and especially if you know that you cannot be able to repay your debts on time. There are various things that one should understand however before filing for the process as this will help you understand your position as far ... Read More »

                        Foreclosure in America. The All Too Common Story of How Dreams Turn to Dirt.

                        Ready to Collapse

                        by Paul Kiel ProPublica Sheila Ramos’ grandsons, 10 and 13, started crying. They wanted to know where the house was. There wasn’t one. There was only a tent. They had flown from Florida, after Ramos had fallen hopelessly behind on the mortgage for her three-bedroom home, to this family-owned patch of rural land on Hawaii’s Big Island. There, on a ... Read More »

                          Consumer Affairs Law Center and Consumer Affairs Processing Center Take Over Legal Helpers Debt Resolution Account

                          Screen Shot 2012-04-10 at 9.45.23 AM

                          Yesterday I wrote about a consumer that contacted me and said Legal Helpers Debt Resolution contacted them after terminating all the LHDR affiliates and told her LHDR would be transiting their account to Consumer Affairs Law Center. I asked the consumer to send me the form to look at and after reviewing it I’m entirely puzzled why since she is ... Read More »

                            Legal Helpers Debt Resolution Account Being Sent to Consumer Affairs Law Center

                            Ready to Collapse

                            A reader has just let me know that their account with Legal Helpers Debt Resolution is being sent to Consumer Affairs Law Center. This is intriguing considering the mass termination of affiliates on March 30, 2012 from Legal Helpers Debt Resolution. If the notification is true, it appears Legal Helpers is taking client accounts and thus income away from non-attorney ... Read More »

                              Say Good-Bye to Tax Refund Loans.

                              good-bye

                              Tax refund loans or tax refund anticipation loans as they were known, were always a stinker. People would pay tax preparers a lot in fees just to get their refund a little sooner. But those days are thankfully on the way out. This excellent article in the Washington Post explains how the loans grew and fell in a need for ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.