Debt Survival Bible – Three Months After a Natural Disaster

Hopefully your life and financial life have recovered by now from the natural disaster you lived through. If not, then we’ve got some work to do and if your income has not returned to pre-disaster levels we need to start thinking about dealing with your current debt levels. As I’ve said before, the ability to … Read more

Would it Be Better For Banks to Lend With More Care or Lend With Abandon?

I was reading It’s Official: You Can’t Blame Banks For Not Lending Anymore and the statement was made: There’s also the possibility that, while there is less of a demand for new debt, banks are also on the brink of tightening lending standards again, worried about new capital requirements from the Fed and Basel III. … Read more

Former Bank VP of Recovery Operations Says TASC and Most Debt Settlement Companies, Suck!

Dear Steve, My name is Jeff Meek and until Aug 2009 I was Vice President of Recovery Operations for WaMu Card Services. During my almost five year tenure at the bank I had the opportunity to review the Debt Settlement industry through the critical eyes of an issuer. When we began looking at Debt Settlement … Read more