Debt settlement

This tag is associated with 2 posts

A Quick Guide For If The Debt Collector Calls

For many reasons people find themselves in the firing line of a debt recovery company. This can be a worrying time and you might feel that you cannot get your head above water and do not know where to turn. If a debt recovery contacts you, they should state who they are, who they are working on behalf of and why they are contacting you. They should speak to you in terms you understand and not try to barrage you with legal speak and confusing terms. A debt collector can only enter your home if you invite them to do … Read the rest

Bankruptcy Versus Debt Settlement

There are various methods to eliminate credit card debt. Some of the most common solutions are settlement and bankruptcy. Each solution has some pros and cons. In the end, the best option in eliminating your credit card debt could be your financial stability in other parts of your life. In case your credit card debt is only one part of a bigger financial problem, bankruptcy might be the more sensible choice over a credit card debt settlement. However, bankruptcy and debt settlement will both have negative impact on your credit scores until you can re-establish a good credit history.

What … Read the rest

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