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Debt is a growing problem in the current economic environment. During the housing boom and economic upswing a few years ago it was increasingly easy to qualify for mortgages, credit cards, and car loans. Falling housing values, rising mortgage payments, and the economic downturn have forced many Americans to rely on unsecured lines of credit for sustainability and have left many feeling burdened by high interest rates. Reliance on unsecured credit is causing an increased number of people defaulting on loans and filing bankruptcy.
Debt Attorney | debtsettlement
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1 year ago
  • Suing Debt Collectors
    The debt collector may just be liable to you for statutory damages of up to $1,000, plus any actual damages suffered, plus attorney fees! visit http://www.lvitc.com

    Added: Aug 19th 2010 at 7:12 PM · 445 views · 3 comments · 25 likes · read the article
  • Debt Collector Violations
    Debt Collector Violations

    Added: Aug 17th 2010 at 9:35 AM · 1255 views · 4 comments · 65 likes · read the article
  • Consumer Credit Counseling Doesn’t Work
    So, does this really work? Well, maybe yes, more likely no, depending on your situation. First, you have to understand that the counseling service, while in theory is a non-profit organization, actually receives compensation from the bank you owe the money to. So, whose side are they really on-the side of the consumer who’s paying a monthly $20 administrative fee, or the bank that’s paying as much as 15% of the restructured debt?

    Added: Aug 16th 2010 at 11:39 PM · 270 views · 2 comments · 22 likes · read the article
  • Dealing With Harassing Phone Calls From Creditors
    Dealing with Debt Collectors

    Added: Aug 16th 2010 at 11:24 PM · 797 views · 2 comments · 62 likes · read the article

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