Category Archives: Debt Advice

What To Do If You Cannot Meet Your Mortgage Payments

People everywhere are being faced with the frightening prospect of not being able to pay their monthly mortgage payments. They may have fallen into a difficult financial situation [..]

Debt Advice, Mortgage Advice

What Is An IVA

An IVA, or individual voluntary arrangement, is a legal alternative that exists in the UK for individuals who wish to avoid bankruptcy. The IVA was established under the [..]

Debt Advice, Debt Management

Transferring Credit Card Debt To Save Interest

One way to reduce debt is to transfer balances from high interest credit cards to those that feature low rates of interest. A March 2010 U.S. Federal Reserve [..]

Credit Cards, Debt Advice, Debt Management

Negotiating With Creditors When You Cannot Repay Debt

Sometimes, the debt situation can get to a point where individuals cannot repay the balances. Rather than letting these sit, accumulating interest and possibly slipping into collection status, [..]

Debt Advice, Debt Management

Managing Credit Card Debt

Credit card debt is a huge problem for many individuals and if it goes unmanaged, the situation only gets worse. In the U.S., the average household that has [..]

Credit Cards, Debt Advice

How To Reduce Your Debts

Getting oneself into debt can be quite easy but getting out of it is often rather difficult. Emergencies and daily needs sometimes end up costing us more than [..]

Debt Advice

Debt Reduction Tips

Debt has become such a socially acceptable issue that many of us often do not realize how bad our own financial situation has become. Though it is more [..]

Debt Advice

Avoiding Repossession

Statistics regarding the number of people faced with imminent loss of their homes are sobering. In the U.S., banks plan to foreclose on more than one million homes [..]

Debt Advice, Mortgage Advice