Tag Archives: debt settlement

What To Do About Debt Problems

Having debt is as American as apple pie, but too much debt can create stress, and lead to many problems: Collection Calls, Lawsuits, etc. If you need help with debt problems, the best advice is to sit down with an experienced attorney to review your options. Its Only Money This may seem obvious, but understand […]

Mortgage Foreclosure Court

Mortgage Foreclosure Court is a special process which is available in Blair County. The purpose is to allow the homeowner, along with their attorney, an opportunity to meet with the bank’s attorney, in order to see if an agreement can be reached to avoid foreclosure. To be eligible for this program, an affidavit must be […]

Beware of the Debt Settlement Trap

Creditors, particularly when trying to collect older credit card accounts that are in default, will often offer to accept less than the full amount, in exchange for prompt payment. But you should understand some of the risks of doing this Debt Cancellation May Affect Your Income Taxes. When a debt is cancelled, entirely, or partially, […]

HOW TO PAY OFF HIGH INTEREST CREDIT CARD DEBTS

It’s an all too familiar situation. Credit Card debts build up over time. The attractive introductory interest rate expired long ago, and the interest rate is now over 20%. Debt problems can seem overwhelming – but there are a number of ways to eliminate the debt. Bankruptcy I know – no one seems to like […]

WORRIED ABOUT BILLS?

Financial Stress affects many Americans these days. Too many bills, not enough money. There are many things in life worth worrying about. Money is one of them, but it should not be high on the list. Your health, your family, your freedom – things like this should always rank higher. When someone is having problems […]

Cancellation of Debt Income?

I am hearing from more and more of my clients about who have received notices concerning cancellation of debt income. Some have received a form 1099C, others have gotten notices from the IRS concerning the failure to include cancellation of debt income in a prior year’s tax return. It is not unusual for debts which […]