There are only 4 ways besides simply paying the entire amount to your creditors to get rid of your debt. Each solution has it benefits and it drawbacks. Before you chose any of them you should talk with your tax professional and understand that each can have negative ramifications for your credit but when you are overwhelmed with debt it makes sense to come up with a plan to get rid of … [Read more...]
Archives for November 2011
Student Loan Debt Advice
Student loans are the new house loans. Many individuals have student loans with more than $100,000.00 in debt. How does one pay off these loans and be able to afford the rest of stuff in life? Obama new plan hopes to help you out. Created by: Online University … [Read more...]
Harrowing debt engulfs America: Is it possible to save the nation?
America will soon be bankrupt as it is approaching $14.228 trillion that is equivalent to 100% of GDP and the number is continuously rising. If the debt limit is not raised then it might default on its payment. The country has to take steps to control America’s debt proportion otherwise it might surely further complicate the situation. IMF predicts that the US public debt will incessantly rise in five ye ars from … [Read more...]