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You’re in Debt: 9 Terms to Know

The Kaplan Group

These provisions mean that you may owe interest on unpaid debts. You may also be responsible for paying the costs of the creditor hiring a collection agency or legal costs. A credit counselor is certified and trained in consumer credit, money and debt management, and budgeting. Debt Settlement Services.

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Freedom Debt Relief Sued for Misleading Consumers

Debt Free Colorado

Offers for debt settlement and debt repayment plans often sound too-good-to-be-true. government agency that makes sure banks, lenders, and other financial companies treat you fairly”, Freedom Debt Relief’s offers actually were too-good-to-be-true.

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Need to Know About Debt Negotiation and Settlement?

Sawin & Shea

If you’re dealing with debt and considering filing for bankruptcy, it’s a good idea to get professional legal advice on how to handle the proceedings. Credit counseling and debt management agencies may be able to assist you as you work, but with so many untrustworthy schemes out there, how do you know what the right step should be?

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How To Deal with Debt Collectors When You Can’t Pay

Better Credit Blog

Agents can simply imply threats, and that’s often enough to prompt payment, such as threatening to call your employer and set up wage garnishment arrangements. But, under federal law, a legitimate debt collector must first successfully sue you in civil court to be able to garnish your wages.

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Credit Card Debt Forgiveness: What You Need to Know

Credit Corp

Credit card debt forgiveness, also known as debt settlement, involves negotiating with creditors to reduce the amount owed on your credit card balances. It’s crucial to fully understand the terms and consequences before pursuing debt forgiveness and to explore other options such as debt management or consolidation.

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Tips For Credit Card Debt Relief

Sawin & Shea

Debt Management Programs. Debt relief programs or debt management plans are very common these days. Typically, these programs enable you to pay off all of your credit card debt in full, but through a single reduced rate payment. You should also be wary of debt relief scams. Debt Settlement.