Posts Tagged ‘New Bankruptcy Law’

Debt Settlement — Why the Critics Are Wrong

Posted by Admin | Filed under Debt Service | Aug 27, 2010 | Tags: , , , , , , , , , , , , , , , , , , , | No Comments

A lot more people are becoming interested in debt settlement as an alternative to bankruptcy. That’s because a new bankruptcy law was enacted on October 17, 2005, which means a rude awakening for many consumers seeking a fresh start in bankruptcy court.
It used to be that 7 out of 10 people filing personal bankruptcy were ...Read more.

Debt Settlement & Income Taxes What You Need To

Posted by Admin | Filed under Debt Service | Aug 20, 2010 | Tags: , , , , , , , , , , , , , , , , , , , | No Comments

Debt Settlement & Income Taxes What You Need To Know
Debt settlement has become a popular approach to resolving problem debts without having to file bankruptcy. With this approach, creditors agree to accept a portion of what you owe (usually around 50% or less) to settle the account, and the remaining balance is forgiven. This ...Read more.