Being in a financial crisis is no fun.  The thought of filing bankrupcy can stir up many emotions for people.  Some people may be scared, frustrated or just feelings of being a failure.  There is nothing to be embarrassed about when filing for a bankruptcy.  Things happen in life sometimes that we just cannot control.

What Is My First Step In Filing A Bankruptcy? Continue Reading »

10 Tips on how to do your own Debt Negotiation and work with collection agencies, bill collectors and creditors

If you are going to do your own debt negotiation you are probably going to go up against a tough and aggressive pro. By following these steps you can take the upper hand and save yourself thousands by doing a debt settlement.

I think the first step in the game is to know what the rules of debt collection are. The more information you know about debt collection practices, the less harassment you will get. If a debt collector knows that you know the game, they probably wont mess with you as much. You need to become very familiar with the Fair Debt Collection Practices Act of 1977. You can also get a free booklet for the rules of debt collecting form the National Consumer Law Center. Continue Reading »