Debt Settlement vs. Bankruptcy If you have a ton of debt and very little if any means to pay the debts off at some point, probably sooner than later, you'll need to attack the debt either through negotiating with your creditors for lower balances through debt settlement or to go for a clean break with bankruptcy. Chapter 7 is the most effective way to wipe as much of your debt as possible. Where does debt settlement … [Read more...]
Archives for August 2013
How much do you really need to retire?
How much do you really need to retire? That is a question that is pondered everyday by most of us but wait a second, what are you going to do when you retire? Play golf, crochet, how much golf can you play and how many sweaters can you make before you go batty? I've met a lot of people who are retired and the reality is that no one really wants to retire and become irrelevant. Basically what we all want is the … [Read more...]
Top 3 tips to getting out of credit card debt
Don't let credit card eat you alive Grrrr.... Credit Card Debt.... You've got it, it's like a tick that keeps sucking the blood from your bank account. I'm writing in jest. Credit Card Debt isn't the end of the world. It can however make your life very difficult if you don't manage it well. Why is it such a big deal? Mostly because the amount of interest most people pay on their credit cards is 10-25% and if you … [Read more...]