19th January 2007
To begin to understand the real depth of filing for personal bankruptcy, we have here an interview with an actual costumer of ours at Personal Bankruptcy, Jenny Smith and our professional counselor Martin Rogers. They are here to talk about a question th...
03rd January 2007
There is a command called the Equal Credit Opportunity Act (ECOA) which watches out for discrimination on:
- Race
- Sex
- Marital status
- Religion
- Age
- National origin
Creditors have the right to ask for this information but not to use it aga...
12th December 2006
Laws were made to help people bring justice to their lives, and it is the violation of these laws what makes a person go through harsh time. The Federal Trade Commission (FTC) designed the laws that assured people's right to obtain, maintain and use cred...
30th November 2006
We, at Personal Bankruptcy Avoidance, have noticed that people really do not consider debt to be such a deep problem. But there is a general misinformation about how not to misuse your money, and what practices people should avoid in order to stay debt fr...
23rd November 2006
When people are flooded with debts, and they see no way out of their situation, they start thinking bankruptcy could be the only possible solution towards a debt free life. Almost all debtors are not aware of two main points about bankruptcy:
- Bankru...
18th November 2006
When the negotiation starts within the debt settlement process with your creditors, you will have to be very careful as to how your accounts will be labeled. For instance, paid as agreed or account closed-paid as agreed, is the most common way of naming t...
04th October 2006
When you have reached a financial crisis, a Debt Management Plan (DMP) facilitates you in how to handle your funds and saves you from the embarrassment that comes along with debt struck circumstances. Washington Irving, a famous American author, referre...
18th September 2006
Regardless of the short and long term consequences related to filling bankruptcy, this particular population filling for bankruptcy is rapidly growing.
Statistics show that 5.4 people out of 1000 filled for bankruptcy on 2005 and this trend is increasi...
