How to handle personal taxes in a bankruptcy filing
When filing for bankruptcy, everyone wonder whether they can eliminate paying taxes owed. It is a complicated matter and usually depends on the type of tax and other circumstances. Here are some guidelines but always seek professional help. In a…
Break the credit card habit
Article Written by : Financial Resources 101 If you have even a single credit card, you know how you are addicted to use it, get into debt and stay indebted to credit card companies. This is why Americans owe more…
Paying down your mortgage debt
Many of us as home owners carry a mortgage as well as a home equity line of credit (HELOC). Some of us who were unfortunate due to many factors carry variable rate mortgages and HELOCs. As a result of housing…
When to contact a debt-relief company
Often times we seek help from a debt-relief company when we are unable to pay what we owe and do not desire to file for bankruptcy. Before you decide to contact a debt-relief company, do your homework first. Clearly understand…
Refinancing for underwater mortgages
As of March 17, 2012, a new program known as HARP or the Home Affordable Refinance Program has been introduced by the U.S. Government to help underwater homeowners. In order to qualify for the program, prospects need to meet two…
Statute of limitations for most consumer debt in the United States
Article Written by : Total Merchants Time limits to pay back most debt in the United States are governed by the law including the Fair Credit Reporting Act. Length of time for negative debt information to remain on your credit…
Law to make checks and other deposits work to your advantage
Written by: Financial Haze Not many of us are going to the bank to deposit a check these days. Banking practices and technology make it easier for us to deposit checks from home or on mobile devices on the go….
Understanding what a collection is
Collection often results from a debt you have not paid on time. Usually, when you get behind on your payments, the agency issued you a line of credit decides that you stop making payments on your debt obligation and they…
Saving for your retirement
Saving for retirement should start as early as possible in your career. It’s January and it is the start of the year and a good time to think and start planning for your retirement. There are many vehicles that you…
Secured and unsecured debt, which one to pay off first?
Article Written by : Business and Finance Net We carry all kinds of debt including credit card debt, mortgage debt, car loans, student loan debt, store card debt and many more. Some of this debt such as car loan and…