Consumer debt relief bailout refers to the fix where the creditor agrees to reduce your debt amount if they feel that you will not be able to repay it. It is one of the best ways to get rid of the problems regarding increased liabilities as the debts are reduced to a manageable repayment amount. [...]

“Corporate Social Responsibility (CSR) in debt relief industry”!! Is it sounding like some unconceivable utopian concept that is too good to be true? Well, it might appear so, especially at an economic juncture when profit tops the priority list of most debt relief companies and CSR takes a mute back seat. Often the debt relief [...]

The new Telemarketing Sales Rule of the Federal Trade Commission is all set to give a tough fight to the menace of debt relief scams from September, 2010.

In this tough economic climate the number of companies attempting to take advantage of consumers in difficult financial straits has drastically increased. This means consumers in debt have to take more steps to protect themselves at a time when they need to be able to trust both those trying to collect their debts and the [...]

The booming debt relief industry has put us face to face with a very important question – how much credible the consumer debt relief programs actually are? The doubt has been further triggered by the fact that thousands of consumer complaints regarding debt relief scams are lodged with the FBI, the Better Business Bureau and [...]