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how does bad debt affect credit

Credit Scores and Debt Settlement

by admin on October 6, 2009

Debt settlement is an alternative method of getting the consumer out of their unsecured debt burden. It is a program what is intended for those consumers facing undue financial hardship caused by the loss of a job, death of a spouse or medical emergency. The debt settlement option which is available to consumers is sometimes [...]

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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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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.