No one likes to deal with debt. Borrowers don’t like to pay it and creditors and collectors don’t like to collect it. But debt is what makes our society work, as few people are able to pay cash. It’s not a problem most of the time, as the vast majority of borrowers pay on time. [...]
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Debt is one of the biggest worries for most families and small businesses Qualified professionals may have found solutions to help set you free from debts forever through debt elimination. Not debt consolidation, not debt management–debt elimination! It’s real and thousands of people just like you have taken back their life through cancelling their debt. [...]
Debt collectors are liars, cheaters, etc… They take advantage of every loophole possible and even break the law. They have been featured on almost every news program from CNN to 60 Minutes. There are laws in place to contain their harassment and collection efforts and to make this process more civil, but most figure the [...]
Famed football coach Vince Lombardi always used to take his fabled Green Bay Packer teams back to the basics of football when they struggled. He would have them perform blocking and tackling, believing they needed to reestablish a good foundation for other football activities. This is a good principle to follow in one’s financial life [...]
Realize that you are in debt. Eat out less. Cooking at home can save a tremendous amount of money. Pass the Starbucks. Brew your own coffee in the mornings. This can save you anywhere from $30 and up each month and even more if you like the “foo-foo” drinks that cost $5 each! Pay all [...]
Most of us have been there at one time or another – getting a call from a collection agency about a past due debt. It usually happens with people who have just graduated from college or newlyweds, where in both cases they barely have two nickels to rub together, and find themselves with debt that [...]
A lot of companies and businesses often end up with bad debt. These companies regard the bad debt as a loss for all intents and purposes; to them it’s just a cost of doing business. From the accounting department’s point of view, this debt is in the accounts receivable category and these accounts receivable will [...]