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 [...]
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 [...]
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 [...]