0
pay it off
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Ways to reduce or eliminate debt?
You can make a budget
Where would it be possible to find information about how to eliminate debt?
There are many organizations and companies that have been set up to help one eliminate debt, to include Freedom Debt Relief, Consumer Credit, and the Debt Counseling Corp. Additionally, many websites like CNN Money, Frugal Living, WikiHow, and The Dough Roller have articles about how to eliminate debt through a variety of means.
Where can one find information about how to eliminate credit card debt?
There is a lot of online information available about how to eliminate credit card debt. There is information from the Federal government, debt consolidation agencies, or self-help information available online.
How do debt consolidators eliminate debt?
Debt consolidation companies do not eliminate debt. Do not confuse this with debt settlement. Consolidation companies simply merge all of your debts together into one payment a month that you make to them and sometimes lower interest rates. Debt settlement companies, however, negotiate directly with your creditors/collection agencies to settle debts for a lower, agreed upon, lump sum. This in turn gets you out of debt quicker.
What is a good strategy for debt elimination?
There are many different debt elimination strategies. One strategy involves consolidating your debt into one manageable payment through a debt consolidation program. Setting a budget and sticking to it is another way to eliminate debt.
Ways to reduce or eliminate debt?
You can make a budget
How can you find information to eliminate debt?
The are a few different ways someone can eliminate debt. The best way would be to speak with a debt counselor that can guide you on your individual needs. You can also speak with a bankruptcy lawyer. Even if you do not want to file for bankruptcy, they can guide you on how to get that debt eliminated.
What are recommended ways to eliminate debt?
There are several methods of eliminated debt problems. The one recommended the most is having a professional consolidate your debts and make sure a monthly payment is made on these debts.
Can you file bankruptcy against a divorce order in North Carolina?
Whether you can eliminate a debt that resulted from a divorce decree will depend on the type of debt. If you owe child support or alimony from a divorce then you will not be able to eliminate the debt in bankruptcy. If the divorce assigned some debt to you as part of the divorce and it was not assigned as child support or alimony then you may be able to eliminate the debt in a Chapter 13 bankruptcy. Chapter 13 bankruptcy allows you to eliminate debt assigned to you that is in the nature of a property settlement and not child support or alimony.
Where would it be possible to find information about how to eliminate debt?
There are many organizations and companies that have been set up to help one eliminate debt, to include Freedom Debt Relief, Consumer Credit, and the Debt Counseling Corp. Additionally, many websites like CNN Money, Frugal Living, WikiHow, and The Dough Roller have articles about how to eliminate debt through a variety of means.
Where can one find information about how to eliminate credit card debt?
There is a lot of online information available about how to eliminate credit card debt. There is information from the Federal government, debt consolidation agencies, or self-help information available online.
Can credit card debt be erased in Tennessee bankruptcy?
A Chapter 7 BK can eliminate credit card debt.
How do debt consolidators eliminate debt?
Debt consolidation companies do not eliminate debt. Do not confuse this with debt settlement. Consolidation companies simply merge all of your debts together into one payment a month that you make to them and sometimes lower interest rates. Debt settlement companies, however, negotiate directly with your creditors/collection agencies to settle debts for a lower, agreed upon, lump sum. This in turn gets you out of debt quicker.
Can you eliminate student loan debt interest?
In the US, the government will not remove the interest on student loans. They have too many ways of collecting. This collecting process will extend all the way to your social security.
How does Debt Free Direct help people get out of debt?
Debt Free Direct can help a person get out of debt by analyzing a person's current financial situation and advise them on how to go about resolving their debt. Debt Free Direct has experts ready to recommend how you can eliminate your debt.
What are the goals of the US?
establish better relationship with europe eliminate national debt
How do debt relief lawyers eliminate your debt?
They often don't. Bankruptcy is the only certain way to "eliminate" your debt, and the only way all creditors are treated the same. Anyone else who claims to be able to eliminate your debt completely is lying. They make what deals they can with the creditors that are willing to negotiate. If you make monthly payments to this debt eliminator, make sure the payments are made to the creditors immediately, or the creditors will sue you and bring the collection to an end. Always check them out with the Better Business Bureau and your state Attorney General or consumer protection office.
