Debt Consolidation VS Debt Settlement Today I am going to explain the difference between debt consolidation and debt settlement. “Debt Consolidation” as defined by Wikipedia: The combining of several unsecured debts into a single, new loan that is more favorable. Debt consolidation involves taking out a new loan to pay off a number of other debts. The new loan may … Continue reading Debt Consolidation VS Debt Settlement
Obscure Facts about Bankruptcy The term “bankruptcy” is not synonymous with simply losing all of your money and assets. It also doesn’t mean all of your debts are cleared, or that you will lose your house and furniture. There are also many other options available to deal with crippling debt other than declaring bankruptcy. The … Continue reading Obscure Facts About Bankruptcy
The Big Debt Workout: Getting your Finances in Shape A New Year brings with it the promise of new beginnings, and probably a new gym membership. And THIS TIME you’re going to use it!! But the gym gets crowded in January. The trainer keeps yelling at you. And, besides it’s cold out. Maybe next month. … Continue reading The Big Debt Workout: Getting your Finances in Shape
Separating Debt Fact from Debt Fiction There’s a lot of information flying around the internet. It can be a little overwhelming when you need to distinguish fact from fiction. FACT, no matter how many times you share that notice on your Facebook page, Mark Zuckerberg is NOT sending you a million dollars. Sorry. Neither is … Continue reading Separating Debt Fact from Debt Fiction
4 Pillars Personal Debt Restructuring: A Bankruptcy Case Study The Kendells were like many Victoria families. Two young children, two cars, a hefty mortgage, and a penchant for living slightly beyond their means. They both held down good jobs, had a bit of savings in the bank. The grandparents had ensured college would be taken … Continue reading 4 Pillars Personal Debt Restructuring: A Bankruptcy Case Study
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