1. More than 300 hundred mortgage and debt relief service providers have been banned by the U.S Federal Trade Commission (FTC) and another 500 sued. Mortgage and debt relief service providers are prohibited from charging any fee before delivering on their promises of mortgage or debt relief. They [...]... Read more
Paying off all your outstanding bills can bring in a huge relief. If you find it difficult to pay your debts on your own, debt relief options can come to your rescue.
It's difficult to compare the available debt relief options, as each option is unique. While some debt relief programs are tardy and [...]... Read more
If you are working with a debt relief company so that your creditors forgive some of your debts, then you should know something. Any debt that your creditors forgive could create another bill – a tax bill.
Often, many people ask the question- “Why do I have to pay taxes when a lender forgives [...]... Read more
Debt settlement usually finds favor with the consumers since it brings about a considerable reduction in the debt amount. Find out how it works and why the creditors agree to receive less than what is owed to them.
How does a debt settlement program work?
When you enroll in the program, your [...]... Read more
Table of contents
What is an Offer in Compromise?
Advantages to making an Offer in Compromise
Making an Offer in Compromise
Offer in Compromise Timeline
Getting your Offer in Compromise accepted
Other options to pay delinquent taxes
Working with a Settlement Firm
Owing taxes to the [...]... Read more
There is no doubt, that the amount of debt acquired by individuals have gained momentum after the Great Recession.
According to the Pew Charitable Trust’s July 2015 report, "80% of Americans are in debt, with 39% in credit card debt."
As per the same report:
"The average U.S. ... Read More »
The 4th of July is observed as a federal holiday in the United States. After all, it’s NATION’S BIRTHDAY! Independence Day celebration is a grand and colorful affair in the country with fireworks, foods, parades, and more. Wondering how to enjoy this wonderful day? Check this out.
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