Free Debt Counseling

When you are facing the prospect of debt settlement, there are many different things to consider when you are in this process. How can you make ends meet? How can you keep your head about you? What do you need to do in order to keep yourself healthy during this time? This and other questions… Continue reading Free Debt Counseling

The Debt-Free Lifestyle

Nowadays, the term debt-free has almost become obsolete. People think they need to live on credit to be able to survive. When I was a child I remember how my parents would save up for large purchases and vacations. The only loan they had was of that on their house. Also the price of the… Continue reading The Debt-Free Lifestyle

What Do People Find More Embarrassing? Credit Scores, Age, or Weight?

With the billions of dollars that the diet industry spends advertising to people of all ages, you may have thought that the answer to that questions was easily weight. Well, you’d be wrong. A recent poll shows that people are more embarrassed about their credit score than either their age or weight (granted, age and… Continue reading What Do People Find More Embarrassing? Credit Scores, Age, or Weight?

The Rise of “Zombie Debt”: Four Reasons Certain Debt Just Doesn’t Go Away and Die

Resolving a legal or financial problem can be difficult. But imagine the surprise and frustration when a former debt obligation, retired long ago, rises again. Below are four of the common “zombie” debt scenarios that clients often encounter and how to address them: 1. Divorce. Generally, in a divorce, a divorce decree or separation agreement… Continue reading The Rise of “Zombie Debt”: Four Reasons Certain Debt Just Doesn’t Go Away and Die

Time-Barred Debts: A Consequence of Statute of Limitations

Once the Statute of Limitation takes effect, a debtor only has a moral rather than a legal obligation to settle the debt. It necessarily follows that if the Statute of Limitation has expired, a person cannot be sued for any debt owed within the stipulated period. However, a debtor whose debt is time-barred must exercise… Continue reading Time-Barred Debts: A Consequence of Statute of Limitations

Use Emotional Intelligence to Get Out of Debt

We all know what Intelligence Quotient (IQ) is, but have you been hearing the buzz lately about Emotional Quotient (EQ)? Well, if you haven’t, then I’ll start with a basic definition from Psychology Today: What Is Emotional Intelligence? Emotional intelligence is the ability to identify and manage your own emotions and the emotions of others.… Continue reading Use Emotional Intelligence to Get Out of Debt