Senate Passes New Bankruptcy Law (July 23 2007)         - claim this article

The United States Senate passed a law on March 10, 2005 that changes the bankruptcy laws in America. It is expected that the House of Representatives will look to pass the same bill in April, which will send it to President Bush for his signature. Since it is well known that President Bush will sign the bill into law, a new bankrupcty law is just one step away from ratification. This law makes it much harder for Americans to file Chapter 7 bankruptcy. So for those of you trying to decide whether to file bankruptcy in the next few weeks, realize you may not have the same options in a couple of months time.

Debt Collectors; And what you can do to Get Them Out of your Life (July 23 2007)         - claim this article

FTC opinion letter on validation Section 809(a) of the FDCPA, 15 U.S.C. § 1692g(a)

This will be a pretty long lesson and will cover an integral part of validation which is the receipt of the initial or first contact with the debtor by a collector which usually gets thrown in the trash can if the debtor has not the funds to pay. That is a very serious mistake. One should never throw those collection letters away. They may very well be a vital part of your defensive strategy later down the road.

Debt is The Master of Souls (July 23 2007)         - claim this article

Wholeness requires separation. In order for you to experience yourself as being whole, you spend most of your live experiencing being separated, trying to get back to wholeness.

New Bankruptcy Law Makes it Harder to Stop Foreclosure (July 23 2007)         - claim this article

On October 17, 2005 President Bush's sweeping bankruptcy reform law goes into effect forever changing the rules of debt collection in this natiion. Consumer advocates and the public appear to be completely unaware of the total and complete victory of the creditors under the new legislation. This article opens the door to the Trogan Horse so that consumers can prepare themselves for the worse.

Personal Bankruptcy - If Its Unavoidable, File Now (July 23 2007)         - claim this article

The Bankruptcy Abuse and Consumer Protection Act, signed into law by President Bush last April, promises changes to Federal bankruptcy law that have been long sought by the lending industry. The bill promises sweeping changes to Federal law, and will make it much harder for the average consumer in financial trouble to have their debts wiped out by filing for bankruptcy. Recent trends suggest that those considering a bankruptcy filing should do so now, as the line to do so is already getting rather long.

Deal with All Your Debts with Care! (July 23 2007)         - claim this article

Lots of people take a large ammount of loans and suddenly they discovered that they're in debt and life seems pretty gloomy for them, in this situation please don't despair. Most people have been there and know just how easily it can creep up on us. Most of us try to ignore it until it becomes such a crisis that we go into panic and don't know what to do now.

Debt and Your Dreams (July 23 2007)         - claim this article

You may not realize what that credit card bill is doing to you?

Bob is a 27 year old truck driver. He dropped out of college after one year and got a job. With hard work and good luck, he is making about $35,000 a year. Bob is passionate about remaining debt free. He drove his old car from high school until he could afford to pay cash for a newer one. He rented a cheap apartment until he saved a solid down payment on his house. Even during the lean months, he steadfastly refused to build up a credit card balance he couldn't pay off at the end of the month.

Debt Recovery Can be Easy (July 23 2007)         - claim this article

OK, so you are up to your head in debt. You are stressed out, it is now affecting the way you function and absorbing most of your daily thoughts. You have no idea what to do.

British Families and Debt (July 23 2007)         - claim this article

There is current concern from the Bank of England that British families are getting deeper into debt, however, it has been said that lenders are putting themselves at risk because people are now more willing to make themselves bankrupt.

The First Step To Getting Out Of Debt: Make The Commitment! (July 23 2007)         - claim this article

These days, getting into debt is easy.

Unfortunately, getting out of debt is not so simple for most people. But you can do, if you go about it the right way.

Your Ticket Out of Debt Relief (July 23 2007)         - claim this article

If you are in debt over your head and wondering if you will ever find a way out, the answer is yes! Serious financial problems can make life miserable and cause a great deal of stress and worry. Many people have found themselves in the situation of avoiding calls from creditors and wondering how they will ever get out of debt. Debt relief is not impossible. There is a way out of debt and you can be on your way to financial freedom in a shorter period of time that you ever thought possible.

The 5 Secrets to Getting Out of Debt Fast (July 23 2007)         - claim this article

As they stare down at a teetering pile of bills, so many consumers wonder how they racked up such a large debt. The answer boils down to simple mathematics.

What You Should Know About Bankruptcy (July 23 2007)         - claim this article

Filing bankruptcy is not only a last resort legal action; it is also a very complicated legal action that definitely needs the expertise of a lawyer. When thinking about bankruptcy, you first need to decide if bankruptcy is right for you. If it is, then you need the help of an attorney to decide which type of bankruptcy is required for your particular situation.

What is Debt Settlement and How Does it Work? (July 23 2007)         - claim this article

Debt settlement involves negotiating with a creditor or creditors to pay off a percentage of your total debts at an agreed upon settlement amount. Often, people choose to utilize the services of a debt settlement company rather than attempting to do it on their own. Debt settlement companies traditionally employs various negotiation strategies to help settle your debts and can eliminate between 40-60% of your original balances.

Getting Past The Idea Of Budgeting & Saving Money (July 23 2007)         - claim this article

I'm sure you'll agree that budgeting, saving money, and eliminating debt are very appealing ideas. If effectively tackled, these goals can secure your financial status for the future, and allow you to live a comfortable, debt-free life.

The 7 Secrets to Getting-and Staying-Out of Debt (July 23 2007)         - claim this article

As vice president of the American Credit Foundation, a nonprofit organization that helps individuals and families manage their debt, Mike Peterson knows firsthand how financial problems can wreak havoc in one's life. Each day, counselors at the Midvale, Utah-based foundation help desperate clients dig themselves out from under piles of unpaid bills, stern notices from collection agencies and ominous foreclosure threats.

Is Independence Overrated? (July 23 2007)         - claim this article

Happy Independence Day from The Money Motivator!

If you don't celebrate "The 4th of July" like we do in the United States, today still presents you with an awesome opportunity to examine your independence.

Bankruptcy: Who is to Blame? (July 23 2007)         - claim this article

If you are considering bankruptcy as a solution to your financial problems, you are not alone. Bankruptcy is on the rise in this country as consumer debt piles higher and higher. Some people blame the creditors, making it too easy for most consumers to obtain credit. But creditors would argue that consumers have no sense of self control, taking on debt that they aren't sure they can repay. In reality, there are many different reasons that people file for bankruptcy.

Eliminating Credit Card Debt (July 23 2007)         - claim this article

The overwhelming task of eliminating your debts can often seem like an uphill battle. Without the knowledge and expertise of a professional on your side, unfortunately, the odds are not in your favor. In order to reduce your debt, you have several options; however, if you want to maintain a "good credit rating", you have to pay you bills on time; anything else will cause your credit score will suffer. With that being said please consider the following:

Bankruptcy - Bankruptcy Myths (July 23 2007)         - claim this article

Bankruptcy has long been a big question mark in the eyes of the consumer. After all they don't teach us about bankruptcy in school. More often than not, a person's view of bankruptcy is largely developed by either their parents or close relatives personal views or dealings with bankruptcy, or a persons view is based on what they see as far as ads etc. regarding bankruptcy. Too often these ads are simply put together by bankruptcy attorneys that want your business. Bankruptcy is big business. With 1,597,462 personal bankruptcy filings being made during the calendar year in 2004 you can see that there is a lot of money to be made by bankruptcy attorneys. While not all bankruptcy attorneys are in it for the money it is apparent by the plethora of advertisements online or on TV that make claims such as you'll be on your way to good credit it no time, or claims that it's easy to file that there are bankruptcy attorneys with their own personal gains at the top of their mind.