How To Create An Emergency Fund After Debt Settlement?
A successful debt settlement is just like taking a fresh new financial start and in order to achieve complete financial freedom, building an emergency fund should be your top priority. It’s like creating a buffer against sudden financial expenses in order to prevent falling back into debt, leading you to the same financial and mental […]
How to Avoid Falling Back into Debt After Debt Settlement
If you’ve recently been through debt settlement, you probably understand how overwhelming and nerve-racking the entire process is. It literally takes a toll on your mental health especially if the creditor isn’t very cooperative. On the other hand, you might feel relieved too because dealing with piled up debt is the last thing anyone would […]
Debt Settlement Success Stories: How Real People Became Debt-Free
Unfortunately, we currently are living in a world where debt is becoming increasingly common and to become debt-free seems like a distant dream. However, with strategies like debt settlement many people have achieved this dream with consistent efforts and a lot of patience. Unlike bankruptcy which causes long term damage to your credit and debt […]
Best Financial Habits After Debt Settlement to Stay Debt-Free
It’s an undeniable fact that settling your debt just lifts all the heavy weight off your shoulders. However, debt settlement is just the tip of the iceberg because to attain complete financial freedom, you have to do a lot more than just get your debt reduced. Learning how to manage your expenses, save money and […]
How to Budget for Debt Settlement: A Practical Guide
Debt can become a really heavy burden especially when multiple creditors are involved and your interest is piling up at the pace of a skyrocket. The current economic situation isn’t up to the mark and nowadays, it’s really getting difficult for people to meet their day to day expenses. On top of that, there are […]
What Are Your Legal Rights When Negotiating Debt Settlement?
If you are dealing with unimaginable financial obligations, especially those where you owe debt then debt settlement is surely a viable option that can work wonders for you. Have you ever wondered what debtors do when they can’t repay their debt and it keeps piling up? Well, fortunately, there are debt relief options like debt […]
How to Handle a Debt Settlement Lawsuit (Legal Strategies)
Handling a debt settlement lawsuit can be overwhelming, confusing and stressful. Most people often panic in such a situation but if you want to make a significant difference in the outcome of your case, you have to stay calm and know how to respond with the right legal strategies. It’s rare but it is a […]
Can Creditors Garnish Wages During Debt Settlement?
Wage garnishment is a common tool that creditors often use to recover their loan amount from borrowers. This can cause significant financial distress to the borrower especially when their wage is all they have to manage their monthly expenses. If you find yourself stuck in such a situation where your creditor has started garnishing your […]
Debt Settlement & Bankruptcy: When Should You Consider Bankruptcy Instead?
The current economic climate is really making it tough for people to manage their finances. Almost every necessity out there is now double the price than what it used to be. The same is the case with interest rates, they are increasing at the pace of a skyrocket making debt more expensive than ever. In […]
Debt Settlement & Statute of Limitations: Can Old Debts Still Be Collected?
When it comes to unpaid, old debts, people often get confused around the term “statute of limitations”. Everything comes with an expiry date and the same is the case with debts. Statute of limitations on a debt dictates whether or not your creditor can sue you over your unpaid debt. After a certain while, when […]
How to Stop Harassing Debt Collection Calls (Legal Solutions)
It’s an undeniable fact that dealing with debt is stressful enough on its own. Adding relentless collection calls to that makes it a lot more overwhelming. Unfortunately, some debt collectors out there do use illegal and unlawful collection tactics. They lie about your debt and then keep pestering you repeatedly on the phone. Unfortunately, as […]
What to Do If a Creditor Violates Debt Collection Laws?
Things can sometimes get really overwhelming when your unpaid debt is piling up. It’s not just the debt that you have to worry about but the increasing interest and the impact of missed payments on your credit too. On top of that, if your creditor starts harassing or threatening you, it can put unimaginable strain […]