When is Bankruptcy a good option?

By | Bankruptcy, Credit Card Debt, Debt Relief, Debt Settlement, Reducing Debt | No Comments

What is bankruptcy? Bankruptcy is a legal status. This status has been imposed after a court order if a business or individual fails to repay it’s debts. Indeed, this sounds like something really bad if you are living in America as it affects your reputation and damages your credit rating. Once you’ve filed, applying for and receiving additional credit becomes…

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7 Questions you should ask a debt settlement company

By | Credit Card Debt, Debt Relief, Debt Settlement, Reducing Debt | No Comments

Debt settlement programs are often a good option for people who have crushing debts and wish to avoid bankruptcy at all costs. But, the debt relief industry has been plagued by disreputable companies in the past. When it comes to debt settlement fees, there’s some things all consumers should know. These early companies created a negative reputation for the industry…

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