Settling a debt after the death of a spouse often turns to be a lengthy procedure than you think. Each state has its own laws regarding debt dispute and treats federal law in a similar way. The federal law covers those accounts that come under the Employment Retirement Income Security Act (ERISA). These are 401(k) [...]

Have you ever heard the term monetizing debt before? No, it’s not associated with reckless spending or unwise balancing of debt. Rather, monetizing debt refers to creation of more money in an economic system. If you like to know the definition of monetization of debt, its origin, what’s its significance in the US economic growth, [...]

The recent economic condition in the U.S. is becoming distressing and is likely to be continued in the future. Standing on this economic surface, Mark Dow, a Wall Street money manger for Pharo Capital Management has analyzed that the root cause of these financial woes is not any regulation or Obama’s administration policy; rather it [...]

The federal and state governments are incorporating FTC Act (Section-5), FTC telemarketing sales rules and Uniform Debt Management Services Act into their legislation. With the implementation of these new laws, it will be improper and unlawful for ordinary professionals to identify themselves as debt arbitrators. Therefore, it has become very important for them to get [...]

Well, sound crazy. Isn’t it? We know that in reality debt collectors turn debtors crazy by numerous collection attempts. However, you can do the same with debt collectors. The best thing to start with when a debt collector is attempting to collect from you is to remain calm. Even if the debt collector is offensive [...]