When you are in debt, you should think logically and prepare accordingly to get out of debt. These days, many myths surround debt. You should never pay heed to them, as they’d further take you down to debt. Below are 10 myths surrounding debt lawsuit. Read them to know if you are dealing with any. [...]

If you are working with a debt relief company so that your creditors forgive some of your debts, then you should know something. Any debt that your creditors forgive could create another bill – a tax bill. Often, many people ask the question- “Why do I have to pay taxes when a lender forgives my [...]

Lufkin, Texas – After receiving over 100 phone calls, a Nacogdoches County man has dragged a debt collection agency into court for creditor harassment as per the Fair Debt Collection Practices Act (FDCPA). The name of the collection agency is Portfolio Recovery Associates, against whom Terry Morris filed a lawsuit on January 17 in the [...]

If you think you don’t have to pay attention to your credit score as you’re not going to get a mortgage in recent future, you should think again. Credit score influences many aspects of our lives – more than what you can even think of. This is why you should always pay attention toward your [...]

‘Death’ is a universal truth and inevitable. You may try but can’t escape from the claws of death. Whenever someone dies, often the family members start thinking about his or her unpaid mortgage bills, auto loan, credit card bills, unpaid income taxes and other debts. The answer is that the debts become a part of [...]

Nowadays, it’s very easy for anyone to acquire huge amount of debt over a short period. The skyrocketing costs of schooling, maintaining a family, medication and a variety of other expenses are pushing you more toward debt and turning your life into hell. Now, to maintain these expenses, you start using your credit cards or [...]

2011 is past now! The happy bells of 2012 have already started ringing. However, are you thinking of adding a new and glittering credit card to your arsenal this 2012? Below are 10 tips for obtaining a brand new credit card this year and not mishandling it. 1) Know the earth below your feet: Like [...]

You may try hard, but you can’t help racking up credit card debt over the holidays. It’s just unavoidable. Therefore, you should put in place a solid plan to shed off that debt as early as possible. According to a survey conducted by the American Research Group, Americans are expected to spend $646 on average [...]

Living a debt-free life has become somewhat impossible these days. Today, most of us easily default on our monthly mortgage bills, student loans and other utility bills. The reason being that we have let debt go out of our control. We have lavishly exploited our credit cards to the fullest not knowing what was going [...]

According to recent data, the US unemployment rate has fallen to its lowest rate (8.6%) since the spring of 2009. However, in spite of the shocking drop in US unemployment rate, there are still many who are struggling to get a job. Actually, a household survey revealed that in November 315,000 people stopped searching for [...]