Should I File for Bankruptcy? - Some Things to Consider

January 5th, 2009    Subscribe To Our Feed

Some people think of bankruptcy as an easy way to offload a crushing debt burden, and it’s sometimes the first method they reach for. Well, it may well relieve the burden, but it’s far from easy and should be the very last thing you use to do so.

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Bankruptcy - Is It the Answer?

July 4th, 2008    Subscribe To Our Feed

If your finances are in a mess, you may have considered bankruptcy. Even though your debt may be wiped clean, there are many other end consequences.

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How Bad Debt Can Be Bought & Sold

June 30th, 2008    Subscribe To Our Feed

There are several industries in America growing exponentially as the debt problem in this country worsens. Debt counseling, debt consolidators, debt negotiators, and attorneys specializing in debt are all examples of this rapid growth. Another growing group benefitting from America’s debt problems are buyers of bad debt. These companies purchase debts from businesses that have not been collected and assume the role of creditor for those borrowers. These companies aggressively pursue payment using various methods that put intense pressure on the borrower.

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