Debt Managment Program Site

Question: What Is the Statue of Limitations on a Credit Card Debt in California?

Admin — Sun, 20 May 2012 00:26:27 +0000

Question by MARGARET B: What is the statue of limitations on a credit card debt in California?

Credit card company wrote off the debt in 1997. Now a credit it agency is trying to collect.

Best answer:

Answer by monger187
I’m no expert in credit card debt in California, but I’m fairly certain that just because a creditor has written off debt, it does not preclude them from attempting to collect that debt. Unless you have some sort of bankruptcy protection, they should be able to attempt to collect any debt that has not been paid, regardless of whether or not it has been written off by the creditor. Oh yeah, also, it’s a “statute,” not a “statue.”

Give your answer to this question below!

The Importance of Debt Management and Budgeting

Admin — Sat, 19 May 2012 21:37:18 +0000

In this commercialized society budgeting and debt management are the two most important tools to keep your healthy financial life in tact. If you can budget properly you can manage all your expenses even within a minimal income and who knows you might end up saving some bucks in your wallet as well. One can face serious troubles when all these budgeting plans fail. In case if your income fails to cover up your expenses you have to start borrowing. Real problem arises when eventually borrowing become your habit and later on a necessity. Soon you find yourself knee deep in debts. The concept of debts further complicates with mortgages, interest rates and other added costs. It is pretty common that at a certain point of time your interest rate surpasses the original, principal amount you have initially borrowed. Here comes the necessity of debt management which might change this entire scenario for you.

In debt crisis debt management, budgeting comes as a great help. If you are tormented by repeated phone calls of your creditor’s, debt management might help you in this regard. By controlling and planning finances for you debt Management Company makes the whole matter much easier for you. It decides exactly how much you need to allocate each month to get rid of your debt burden. Debt management can also negotiate with your creditors for an alternative credit plan which can save both you and your creditors from future loss.

Debt management takes into account a few very crucial factors which we often tend to overlook. There are a few steps to make your debt management planning effective. First get a clear picture of how your money is getting spent each month. The moment you will find out how much you are spending automatically you will be able to calculate how much you are wasting every month. At the same time you will be able to count how much you can curtail from your monthly expenses to pay off your debts. Last but not the least you have to clearly chalk out the plan which can keep you away from future debt crisis.

Many reliable non profit debt Management Company or credit counseling agencies are found in the market that are ready to take care of your long term financial well being. They strive to eliminate your debts as much as possible and ensure that you do not incur further debts. They negotiate with your creditors for a reduction in your current interest rate. The creditors mostly accept their proposals since it is definitely a better option for them than to receive no payment at all.

A well developed budget is the main tool in the debt management plan. Budgeting will always help you to keep a track of all your pending loans as well as your monthly expenses. You will attain a full knowledge of your potential weekly/monthly/annual savings and spending. To make a proper budget for you and your family you have to take into account a series of expenditures like rent/mortgage, renter/home insurance, disability and health insurance, student loan repayments, auto loan payments, auto maintenance, auto insurance, food, clothing, household operations, savings, entertainment, charitable donations, state and federal taxes, social security, and emergency funds.

Both debt management and budgeting can be enormously important in your life. For a safe and secure future and a hassle free life these two factors are simply indispensable.

This article is contributed by Jeff Wilson, who is a financial writer associated with quicklyprofit.com. He writes on various financial topics like budgeting, money management, debt consolidation, bankruptcy etc.

Palin: I Learned Economics at the University of Idaho?

Admin — Sat, 19 May 2012 21:25:42 +0000

Question by : Palin: I Learned Economics at the University of Idaho?

Sarah Palin recently wrote that Obama didn’t learn basic deficit reduction economics at Columbia and Harvard and she did at the University of Idaho.

If she really did take a macroeconomics class, why doesn’t she understand that in order to cut the deficit you have to both cut spending and raise federal revenues (raise taxes)? Huge tax breaks is a major source of deficit spending to begin with.

The original debt reduction plan Democrats proposed would have cut the deficit by an additional 2 trillion, but Republicans refused to raise a single tax bracket for people making $ 200,000 or more despite the fact that the 400 richest Americans only pay a 15% tax rate.

Best answer:

Answer by Marcus Quintilius Varus
She isn’t even a candidate dude…what’s with your obsession with her?

Add your own answer in the comments!

Anybody Know About Some Good Debt Consolidation Companies?

Admin — Sat, 19 May 2012 18:24:55 +0000

Question by : Anybody know about some good debt consolidation companies?

Best answer:

Answer by Erik
hard to find good ones when there are so many bad ones ….. Your local bank/credit union would be good.

What do you think? Answer below!

Cambridge Life Solutions Testimonial – Shirley

Admin — Sat, 19 May 2012 16:43:26 +0000

Cambridge Life Solutions was blessed to have Shirley share her story and experience with our company to the public. If you need help with unsecured consumer debt give Cambridge Life Solutions a call today at 877 473 8008. Our debt negotiation isn’t right for everyone but for those it is – those people have saved THOUSANDS in principal and interest on the debts they owe. Our programs run anywhere from 12 – 36 months and clients have finished ahead of schedule. Make the free call today to at least find out more about a debt relief program that could be right for you and your unique financial situation.
Video Rating: 5 / 5

Is Boehner and the Tea Party Happy Now That the U.S. Credit Has Been Lowered for the First Time in History?

Admin — Sat, 19 May 2012 15:25:14 +0000

Question by : Is Boehner and the tea party happy now that the U.S. credit has been lowered for the first time in history?

S&P met with congress and told them a 4 trillion dollar dept reduction plan was best.
Obama put forward a 4 trillion dollar plan,
The repubs would not go along with any tax increase.
We ended up with a plan far lower than 4 tril.
Surprise, surprise the S&P has lowered the U.S. credit rating. And stated that reason why was because the debt reduction plan did not go far enough.

does the t party still believe they know more about the math behind credit ratings than the people actually doing the credit ratings>?

Best answer:

Answer by Red neck
No, but Obama is. The buck stops at HIM.

Know better? Leave your own answer in the comments!

Cut Off the Fraudulent Ways and Capture Debt Relief

Admin — Sat, 19 May 2012 13:36:27 +0000

Article by Nasrullah

Cut Off The Fraudulent Ways And Capture Debt Relief – Finance – Loans

Search by Author, Title or Content

Article ContentAuthor NameArticle Title

Home
Submit Articles
Author Guidelines
Publisher Guidelines
Content Feeds
RSS Feeds
FAQ
Contact Us

According to the recent finance studies and laws that prevail, it has been seen that the debt turmoil is almost amplifying to a larger extent. Debt is no more in relative amount. It has been scattered all across the world and is more like a quagmire to get drenched in. in order to simply get rid of the critical debt issue and to preserve a debt free life, you got to simply trust upon the fact that debt relief is such an aid that will help you out in the long run.

It is high time when you should understand how debt relief can be effective in the midst of harsh economical bans. It is plaque issue that may shatter our financial structures. Simply go hit upon the debt relief aid so that you get to know how effortless it is to get rid of the fiscal tribulations chiefly when it comes to debt. The liability is simple to handle. You may simply look for the most convenient way that may aid you get purged out of the debt. And in such a way the debt consolidation is one such assistance that may help you look for the finest advances aid.

It is trouble-free for all to get this debt relief assistance and to be able to hit upon the abrupt liabilities in no time. The amount you own as debt can be merged in to one by the consolidation. You may just have to seem for the best debt consolidation association to get rid of the debt you own. Go hit upon the assistance of the debt consolidators and see how you can fix in the abrupt emergency. The feasibility is swift to access any of the quick legitimacy.

Just fill in the amount handy and go grab the amount that is easy to look for. The interest rates are soaring on these loans so make sure you are in the condition to acknowledge that fact that the debt is one simple aid, bit you may get in to trouble swell. Just fill up the amount back that debt you possess. It is the simplest way to handle the accessibility of quick assistance. The accountability is easy to get the loan sum handy.

Debt is an ordeal to handle. You have to look for the best liability to be covered up in no time. Just fetch the greatest debt consolidation association to get the amount handy. The liability is easy and can be resolved in no time. Just ask the creditors to actually look for the quick aid. You may simply have to hit upon the resolution to be haled with care. The amount you take out as loan can be compensated back according to a scheduled plan. You may also pay off the amount in monthly installments as well.

About the Author

This press release is submitted by Federal Debt Relief which is the number one Debt Relief Company in USA.

Use and distribution of this article is subject to our Publisher Guidelines
whereby the original author’s information and copyright must be included.

Nasrullah

Article Directory
About
FAQ
Contact Us
Advanced Search
Privacy Statement
Disclaimer

This press release is submitted by Federal Debt Relief which is the number one Debt Relief Company in USA.

Use and distribution of this article is subject to our Publisher Guidelines
whereby the original author’s information and copyright must be included.

Question: My Credit Card Companies Refuse to Raise My Limit or Lower My Interest Rates…loan Options?

Admin — Sat, 19 May 2012 12:25:06 +0000

Question by : My credit card companies refuse to raise my limit or lower my interest rates…loan options?

I have three credit cards with low limits ($ 300-$ 350 each) and the balances are pretty much at the max. I haven’t been late with any of them in over a year, and I make more than my minimum payments, but with the monthly fees and annual fees and interest, I can’t seem to get the balance down. I haven’t used the cards for any purchases in 6-9 months at all.

I called each CC company today to see about lowering the interest or raising the balance and they all refused. I’m now looking for other loan options to consolidate these. I filed a BK7 in 2007 and opened these cards to help improve my credit, and now my credit scores are 534, 591, 648. All I want to do is pay off these cards so I can put the money into my savings, but these companies are making it difficult, and between my own bills and my savings I can’t afford more than what I pay.

Anyone have any experience or ideas? I did a “bad credit credit card consolidation” google search and just got Pay Day loans – NO way. I can take out extra money from my student loan, but I don’t start until September, and I’m trying NOT to be repaying so much money per month when I’m going to school, too. I live in Las Vegas, NV, if that gives anyone any local company considerations.

These are my cards and rates as of now.

Capital One: $ 300 limit, $ 251 balance, 17% interest, no annual/monthly fee, $ 25/month payment
Orchard Bank: $ 300 limit, $ 231 balance, 20% interest, no annual/monthly fee, $ 25/month payment
First Premier: $ 350 limit, $ 350 balance, 20% interest, $ 7 month/$ 48 annual free, $ 32/month payment
First Premier: $ 300 limit, $ 278 balance, 20% interest, $ 7 month/$ 48 annual free, $ 32/month payment

I have a very tight budget already, and REALLY don’t want to dip into my savings. I just need to figure out how to get out of this debt (albiet small, but it’s still driving me NUTS) so I can start saving more money.
I’ve now realized that this was a REALLY bad question to post – I never thought I would get so many Nigerian scams from it…ugh!

Best answer:

Answer by Common Sense
Sorry, but there’s no way to “get out of it”.

Add your own answer in the comments!

Should We Sell the Car to Pay Off Debt?

Admin — Sat, 19 May 2012 09:25:05 +0000

Question by : Should we sell the car to pay off debt?

We have 2 cars, and only one person is working. The other is looking for work again, but should we sell one car that is paid off to use the money to pay off credit card debt and pay towards the other car loan. It will be tough with just one car but we can manage, one of us refuses to sell it however, and its basically splitting us apart. Suggestions please?

Best answer:

Answer by LS
I would if you live near supermarkets, your bank, etc., or if you have reliable public transportation. If one person can easily get food, medicine, go to the bank, etc. without a car while the other person is at work then yes I’d do it. Seems like a smart plan.

Give your answer to this question below!

Question: Questions on Loan Consolidation?

Admin — Sat, 19 May 2012 06:25:22 +0000

Question by HazelSkyye: Questions on Loan Consolidation?

I am new to all of this because fortunately between my parents and scholarships my undergrad degree was paid in full.
Yesterday Igraduated with my Masters and I have a TON of student loans to repay. The program itself was very expensive. My job does give me some reimbursement for that ($ 4,000 every fiscal year, as long as I still work there and until the tuition cost is paid off) but the interest that collects in the mean time is all on me and it is a lot.
That said, I need to call and get my loans consolidated but I do not know the first thing about doing this. Do I call the company I have my loans through? (mostly FAFSA sponsored) Do I call a bank? What kind of information do I need to have ready to speak to them? Any tips on getting lower percentage rates? If I have a credit card with less APR than my loans would be it be wise to pay some with that because its less money or a bad idea because student loans are “acceptable debt” versus a credit card?
Any advice that anyone has on how to go about this, good or bad company’s, things to look out for, etc. are much appreciated!

Best answer:

Answer by Oya A
You can find information from following webs

What do you think? Answer below!

How to Train on a Fast Debt Consolidation Loan for Getting Around Smartly With Consumer Debt Recovery Agents

Admin — Sat, 19 May 2012 05:37:01 +0000

Article by David disalva

How to train on a Fast Debt Consolidation Loan for getting Around Smartly With Consumer debt Recovery Agents – Education

Search by Author, Title or Content

Article ContentAuthor NameArticle Title

Home
Submit Articles
Author Guidelines
Publisher Guidelines
Content Feeds
RSS Feeds
FAQ
Contact Us

You should look at a fast debt consolidation loan while you’re worried about getting hounded as a result of debt recovery agents that is certainly the worst expect. Just imaging, going out to the party and suddenly the car is stopped by selection agents for recovery in old dues. Or you are sitting aware of family and friends, and unexpectedly there’s a knock from unwelcome guests- the bank recovery guys. Have you realized exactly why this situation arises from the start? Had you kept your debt under control, you could have easily paid them off of.

Root Cause Of Credit card bills

But the situation is normally otherwise. Our over dues are way more than our income solutions. Thanks to numerous bank cards we own with great credit limits, fully employed! Thanks to numerous usecured bank loans available in market to acquire goods! They give artificial purchasing power within hands and make way for debt recovery solutions to enter our activities. Only a fast debt negotiation loan can help during this situation. For example, our monthly salary is 00 and we’ve found 3 credit cards with maximum limit of 00 every different. Also, we have got some sort of consumer loan for 000 to shop for home stuff. We are currently capable of buying items worth , 000 (00 X 3 credit lines plus the loan restrict of 000). But have you imagined how are we preparing to pay back? Till how much time you can pay smoothly and what steps are loan providers lose time waiting for debt recovery.

How Debt consolidation loans Will Help

It’s time we consider getting a fast debt negotiation loan. Simply pay entire dues per single shot from money extracted from a fresh loan as well as keep debt recovery agents off us. The advantage is that any of us can go for settlement negotiation to get penalties and interest waived not to mention loan amounts reduced. Consolidating debts companies can help us because of this. For example, if we’ve got to pay back 000 additionally 00 as penalties together with interest, our loan consolidation firm can negotiate to waive from penalty of 00 and even reduction of principal variety of 000. Maybe we can happy with total payment of 000. The consolidation company can finance us with 000 at the cheaper interest rate, then what we were paying earlier. Also we are able to get our monthly installment fixed to the comfort.

Some people who’re already fed up with debt recovery agents, fear the companies will charge exorbitant fee for a service. On the in contrast, various reputed companies provide fast consolidating debts loans. They have websites where you can easily use debt calculator without cost. Also we can get free quotes from. We can always do a comparison of quotes from several debt management companies then go for best. Some companies provide us with free high quality counseling and guidance. Also search for companies offering post merging services and advice.

We will use a fast debt consolidation reduction loan and all this to the benefit and keep a lot of these debt recovery agents out of our homes and world.

About the Author

Take a look at the best Debt Recovery and see the amazing Debt collection

Use and distribution of this article is subject to our Publisher Guidelines
whereby the original author’s information and copyright must be included.

David disalva

Article Directory
About
FAQ
Contact Us
Advanced Search
Privacy Statement
Disclaimer

Take a look at the best Debt Recovery and see the amazing Debt collection

Use and distribution of this article is subject to our Publisher Guidelines
whereby the original author’s information and copyright must be included.

Find More Debt Consolidation Loan Calculator Articles

Debt Consolidation Companies in California

Admin — Sat, 19 May 2012 03:43:04 +0000

888-861-3694 – www.enrollmentcenter.com – Enrollmentcenter.com is the Law Firm’s premiere Enrollment Center. The law firm will work with you to create the best debt-relief program possible, which will secure your financial future. Let the law firm become your advocate for debt relief.

Do You Know of Any Good Debt Consolidation Companies?

Admin — Sat, 19 May 2012 03:25:07 +0000

Question by AVATARD: Do you know of any good debt consolidation companies?

Best answer:

Answer by Joseph Sangl
Most local credit unions are excellent options.

I would ask this question. Are you changing the spending behavior that caused you to acquire the debt in the first place?

I ask this because I did the debt CONsolidation loan and thought that I had really done something. When I got done paying $ 315.60/month for an eternity, I looked up and saw that my credit cards and other debts had been loaded up to more than what I had consolidated the first time!!!

I decided I was a living definition of insanity – doing the same thing over and over again and expecting the results to be different.

I changed my spending behavior a long time ago. If I do not have cash to pay for something, I do not buy it! Yes, it has been less than fun at times, but I no longer have debt!!!

Know better? Leave your own answer in the comments!

What Is a System for Taxes That Would Be Fair Acroos the Board?

Admin — Sat, 19 May 2012 00:26:58 +0000

Question by freentnut: What is a system for taxes that would be fair acroos the board?

I would like a flat tax and the elimination of subsidies, everyone pays including the big corporations and the playing field is leveled. And how about a 2 cents sales tax to retire the national debt?

Best answer:

Answer by bwonder48
If everyone only has to pay a flat tax, several of the billion dollar corporartions would cancel their created charity organizations and stop donating money to good causes.

Give your answer to this question below!

Would It Be Better to Take Out a Loan or Keep the Card?

Admin — Fri, 18 May 2012 21:24:51 +0000

Question by Alley K@: Would it be better to take out a loan or keep the card?

When I was younger, I was pretty stupid and got myself into a lot of credit card debt. Unfortunately, I am still dealing with it almost 15 years later. I was wondering if it would be better to take out a consolidation loan or just continue to try to pay off my credit card? The interest rate on the card is very low, but I just worry that I will never be able to dig myself out of this black hole. Any advice?

P.S. I currently owe around 15K

Best answer:

Answer by Luke N
you are pretty much SOL

Give your answer to this question below!

I Am a Canadian and Ave About 20 K Dirhams of Credit Card Debt in UAE. What Will Happen If I Dont Pay It?

Admin — Fri, 18 May 2012 18:25:51 +0000

Question by Salman K: I am a Canadian and ave about 20 K Dirhams of credit card debt in UAE. What will happen if I dont pay it?

I am a Canadian Citizen and have about 20 K Dirhams of credit card debt in UAE. What will happen if I dont pay it? I am currently living in Canada? Can the bank track down ny history in Canada? I will be grateful for any help.

Best answer:

Answer by Javier V
They can indeed track you down so pay up…

Add your own answer in the comments!

Question: Where Can I Get Advice to Get Help With Debt Settlement Companies That Take Your Money? Payed Nothing!?

Admin — Fri, 18 May 2012 15:25:14 +0000

Question by ruby: Where can I get advice to get help with debt settlement companies that take your money? Payed nothing!?

Best answer:

Answer by mister ed
if you have signed a contract you are out of luck — if not just do not pay them any more money!!! chalk up the loss to experience!!!

Give your answer to this question below!

Detroit Debt Consolidation

Admin — Fri, 18 May 2012 14:42:57 +0000

www.expertdebtconsolidators.com FREE Consultation. Detroit, MI (877)673-2180 Monday – Friday 10am – 8pm Call Now! If you have racked up a lot of bills and you wish to get your finances back in order, you may either go for free debt help or take professional guidance in paying off your bills. A counseling session with a debt help company will enable you to find the best way to repay your dues and restore your finances.

Question: I Need Negatives of John Mccain? o’bama? Help Me!?

Admin — Fri, 18 May 2012 12:27:36 +0000

Question by Jeremiah U: I need Negatives of John Mccain? O’Bama? Help me!?

Alright, I’m taking “International Economics” and I have to write a paper on the negatives that each can impose on INTERNATIONAL TRADE, the ECONOMY, or IMMIGRATION.

I’ve found out that O’Bama wants to RAISE the amount of immigration into the USA which UNDERMINES domestic salaries as foreigners take away domestic jobs. That is my first argument. Do you know of any more? I know he wants to fight NAFTA; does this mean he wants to impose Tariffs??!

For Mccain, I haven’t indulged too much into his yet; do you all have any negatives for him? I just read a little bit that he voted no against:

“Voted NO on prioritizing national debt reduction below tax cuts.”

Vote to table [kill] an amendment that would increase the amount of the budget that would be used to reduce the national debt by $ 75 billion over 5 year. The debt reduction would be offset by reducing the tax cut in the budget.
framework from $ 150 billion.

I negatives on his INTERNATIONAL TRADE; help!
I’m getting my sources from the Websites of each person and:

http://www.ontheissues.org/2008/

you will notice that it is a “.org” NOT some “.com” site.

Some of you who have responded have no idea about economics – I’m about ready to gradute w/an Econ major btw.

Best answer:

Answer by Malcolm Xerox
John McCain -> forgetful.
Obama -> racist.

Know better? Leave your own answer in the comments!

Hi,I Have About 40k in Credit Card Debt ,is It a Good Idea to Contact a Debt Settlement Firm?

Admin — Fri, 18 May 2012 09:25:40 +0000

Question by gary m: hi,I have about 40k in credit card debt ,is it a good idea to contact a debt settlement firm?

Best answer:

Answer by CatDad
Stay away from any “debt consolidation” company that promises to cut your debt and payments in half through debt settlement….This is a risky tactic of deliberately ceasing all payments to creditors and forcing your accounts into default to attempt settlements. You pay a monthly fee to a debt consolidator….this entire fee goes towards building a settlement account and to the consolidator’s fees to “settle” your accounts in the future. Your credit card companies will deliberately not be paid so that all the accounts will default/charge-off so that they can attempt settlements at around 50%. If you are current on your accounts, this process will ruin your credit rating for sure. Debt settlement is like a roll off the dice with your finances…You can never predict how your creditors will respond to the deliberate defaulting of your accounts…they might settle at 50%…or they might serve you a summons, take you to court…and if they win, you could be looking at wage garnishment.

Many people who sign up with “debt consolidation” firms incorrectly assume that they have the power to force your creditors to accept settlements…they don’t. Your creditors have the right to refuse settlements and take you to court.
——————————
- credit card companies only settle if you are way past due and can offer upfront, lump sum payments in a short amount of time….not small amounts over several years. Not all credit card companies will settle.
- If you’ve exhausted all possible alternatives, then the only realistic options for out of control credit card debt are entering into a non profit debt management plan like Consumer Credit Counseling Services (CCCS) or filing for Chapter 7. CCCS can negotiate reduced interest and payments…but they will NOT negotiate settlements. They can generally negotiate total payments down to 2%…in your case $ 800 per month…..If this reduced payment is way beyond your means then you should consult a bankruptcy attorney about filing for Chapter 7

Give your answer to this question below!