Is Debt Settlement a Good Idea?
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Is Debt Settlement a Good Idea?

Consumers who are struggling with credit card debt are often not sure where to turn for help. Recognizing this, for-profit debt settlement companies, who utilize savvy advertising methods, attempt to prey upon consumers and entice them into resolving debt issues through debt settlement “programs.” In these so-called programs, the debt settlement companies claim they will…

What Are The Tax Consequences Of A Short Sale?
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What Are The Tax Consequences Of A Short Sale?

As we experience the ongoing fallout from the 2008 financial crisis, some homeowners continue to be in the position that they are unable to afford their mortgage payments and they owe more on their loan than the value of their homes. Facing a foreclosure can be an extremely traumatic experience. One way a homeowner can…

Why You Must NOT Ignore A Debt Collection Lawsuit
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Why You Must NOT Ignore A Debt Collection Lawsuit

Have you received a notification or summons regarding a debt collection lawsuit for credit card or other debt? A lawsuit will not go away if you simply ignore it and it could lead to dire consequences to your finances and credit rating. Ignoring a debt collection lawsuit will typically result in a default judgment against…