filed in Uncategorized on Mar.06, 2010
Cases settled out of court usually involve an agreement for a predetermined amount of cash to be paid out to one party for a fixed length of time. These recurring payments are called structured settlement annuity. This is usually the alternative to lump sum settlements.
filed in Credit on Feb.07, 2010
If you have a debt which is subsequently sent to collections, you will drastically damage your credit score. Your credit score will be damaged even more significantly if your creditor decides to seek a judgment.
filed in loans on Aug.22, 2009
Has life taken a bad turn and you have more debt than you can handle right now? If so there’s a good chance that you’ve looked into or even considered debt settlement as an option to get rid of some debt. There are a lot of things to consider as you make this decision, and one option you may not have thought of is to get a quick loan rather than settle.
filed in Credit on Jun.22, 2009
Banks that issue credit cards are watching their default rates go through the roof and that’s really bad news considering a proposed change in the Financial Accounting Standard. The new rule could force the banks to increase their cash reserves to cover bad loans leaving less money available for loans to small business and consumers.