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Tagged: Consolidation

Debt Consolidation Refinance Advice: Chapter 13 Bankruptcy versus Ch. 7 BK

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Debt Consolidation Refinance Advice: Chapter 13 Bankruptcy versus Ch. 7 BK

Debt Consolidation Refinance Advice: Chapter 13 Bankruptcy versus Ch. 7 BK Under the old bankruptcy laws, most debtors chose between a liquidation proceeding under Chapter 7 of the Bankruptcy Code and a wage-earner repayment plan under Chapter 13. Under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), new bankruptcy law, a two-part means (income) test now determines if your are eligible for Chapter 7 or must file under Chapter 13 for relief. And, because the new law imposes stricter requirements on lawyers, it’s harder to find an attorney to represent you in a bankruptcy case. The new...

Debt Consolidation and the Benefits of Unsecured Loans

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Debt Consolidation and the Benefits of Unsecured Loans

Debt Consolidation and the Benefits of Unsecured Loans Unsecured loans for debt consolidation are loans that do not require collateral. Debt consolidation loans are claimed to help debtors avoid bankruptcy, eliminate debts, terminate hassling creditors calls, lower debt payments, and one low monthly payment. Of course, no one wants to file for bankruptcy. Lawyers are notorious for telling people that there is no other way but to file for bankruptcy. Likewise, any source that tells you that they can eliminate debt is leading you on. Reality is structured to keep everyone in debt. No one has the ability to get...

How to Find a Lender for Debt Consolidation

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How to Find a Lender for Debt Consolidation

How to Find a Lender for Debt Consolidation If you are trying to consolidate your debts by searching for a lender, you may want to go online to read about the finer nuances of debt consolidation, debt settlement, debt negotiation, and credit. Debt consolidation is the procedure of taking charge of your life again. Debt consolidation lenders help you to eliminate interest rates on your credit cards, and rates of interest on personal, mortgage and other types of loans. These bills are rolled into one monthly installment, making it easy for you to repay your debts. Some of the companies...

Which Is Worse–Debt Settlement Consolidation or Bankruptcy?

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Which Is Worse–Debt Settlement Consolidation or Bankruptcy?

Which Is Worse–Debt Settlement Consolidation or Bankruptcy? Many lawyers will take loads of cases, leading their clients into bankruptcy, rather than helping them to find a solution. The lawyers are paid large amounts for their work; therefore, they are out to make a buck in most instances. Now, if you are in debt and need help, you should make a visit to the attorney’s office as your lost resort. There are a number of solutions for settling your debts, including debt management, debt consolidation, debt negotiation, and even do-it-yourself strategies. In other words, if you want to cutback, find ways...