Term: debt planning
2 found

Can You Get a Debt Collector to Settle for Less Than You Owe?

By Steven Shaw on 8/29/2014

Can You Get a Debt Collector to Settle for Less Than You Owe?

A reader, Ron, wanted to know if he can force a debt collector to accept less than the full amount due, and clean up his credit at the same time. How? By putting a mini-contract on the back of the check — something on the order of “Endorsing this check means you agree to accept it as payment in full for the debt owed and to remove the collection from my credit reports.” A neat trick if it works, right?

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debt collection
debt collector
Debt plan
debt planning

How to Create a Get-Out-of-Debt Strategy

By Steven Shaw on 8/16/2014

debt strategy

Collection agencies, banks, personal loans – it might feel like reminders about your debt are everywhere.

If you find yourself struggling for a repayment system, you may feel like you will never get out of debt. The first step in managing debt is understanding what you owe and how you should begin making the necessary payments. Calculating what your debt is costing you and deciding which debts to tackle first can help you get on the track to financial freedom. Check out the below tips for dividing your debts into more manageable segments.

Debt
Debt plan
debt planning
Debt-Free
get out of debt