Debt Consolidation Guides

Understanding Chapter 13 Wage Earner Plan and Chapter 13 Bankruptcy

editor@debtguides.org — Mon, 30 May 2011 20:36:27 -0400

The Chapter 13 Wage Earner Plan is one of the many bankruptcy options available for people who are seriously weighed down by debts. It differs from Chapter 13 Bankruptcy, another type of pre-bankruptcy option. Chapter 13 Wage Earner Plan does not offer quick and total relief of debts; it requires reorganization of a filers finances so as to enable payment of debts within three to five years. In many cases, it spares the filers valuable assets, while other bankruptcy petitions, for example Chapter 7, will automatically auction big ticket items, such as jewelry, to pay off creditors. See here for personal bankruptcy.

Credit Scoring: Know the Numbers

editor@debtguides.org — Sat, 31 Jul 2010 09:17:30 -0400

At some point in your life, you may want to make a big purchase, such as a car, a boat, a house, or new furniture, and when the time comes, you will need a good credit score.

Debt Consolidation Guides

editor@debtguides.org — Fri, 01 Aug 2008 06:47:27 -0400

For many people worldwide, one of the leading causes of stress is overwhelming debt. It can leave you feeling helpless and devastated; it can create serious problems to your health, your family, and your daily life. Debt consolidation is a relief, an alternative to being burdened with poor credit due to a record of missed payments, or even worse, bankruptcy. In order to take full advantage of consolidating your debts, you need to know your options, and you most definitely need to know how to avoid a scam. Below is a list of steps and terms you should consider in order to choose what path is best suited for you.

Credit Card Debt Reduction

editor@debtguides.org — Tue, 06 Nov 2007 12:52:27 -0400

Reducing your credit card debt can be an overwhelming task. It often seems the more debts you accumulate, the more credit card applications you receive in the mail. Credit card debt reduction is possible; it requires determination, unshakeable willpower, rigid discipline, and a strong sense of commitment.

Working your Way Back to a Financially Secure Future with Debt Consolidation

editor@debtguides.org — Tue, 28 Feb 2006 17:37:12 -0400

When you cannot seem to get your finances under control, it may start to feel like debt will take over your life. Mounting bills from numerous credit cards, car loans, house payments all add up and sometimes you just do not have the money to even make your minimum payment. If you find yourself in a similar situation, you should know that filing for bankruptcy is not your only option. Debt consolidation is a way to avoid bankruptcy and will give you the chance to regain control of your finances.

Credit Card Debt Elimination

editor@debtguides.org — Thu, 23 Feb 2006 15:48:40 -0400

Credit card debt is becoming a problem of mass proportions in North America. People are spending more than they earn and using their credit cards to pay for everything from furniture to food. Although it is easy enough to use a credit card for your purchases, the debt you incur can be very difficult to handle. There are, however, ways to take control of your credit card debt regardless of how much you owe. Your financial health can be protected, but first, you need to commit to a sound credit card debt elimination process that works.