From the category archives:

Credit Card Debt Consolidation

What is CCCS? Consumer Credit Counseling Services

by admin on August 4, 2009

You’ve probably seen Consumer Credit Counseling ads on TV promising hope for those who are drowning in debt. Consumer Credit Counseling services (CCCS) offer what seem to be a magical pathway to getting out of debt. CCCS negotiates payment schedules with their client’s creditors and all the client has to do is make monthly payments [...]

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What Kind of Debt Is Eligible For Debt Settlement? – Debt Negotiation Information

by admin on June 23, 2009

Typically a debt lawyer will only be able to settle on unsecured debts such as credit cards, unsecured loans, personal loans, medical bills and department store cards. The types of debt that cannot be settled would be secured debt. This category of unsecured debt includes cars and homes. If you stop paying on these, the [...]

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Will Debt Consolidation Hurt My Credit?

by admin on May 21, 2009

Does dept consolidation ruin your credit?  I hear this question a lot.  There was a time when doing a debt consolidation program was the same as doing a chapter 13 bankruptcy.  If you wanted to buy a home while in a credit consolidation program forget it.  A mortgage underwriter would not even look at your [...]

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Disclaimer: This publication and the information included in it are not intended to serve as a substitute for consultation with an attorney. Specific legal issues, concerns and conditions always require the advice of appropriate legal professionals.