Sentences with phrase «debt relief efforts»

You are also very likely to be able to get the benefit of a lower rate of interest that will save you a lot of money and boost your debt relief efforts.
After Larkin's team was contacted for comment, Haverstraw Supervisor Howard Phillips released a statement praising Larkin's involvement in debt relief efforts for the district.

Not exact matches

Its European creditors decided on Wednesday to suspend the implementation of short - term debt relief measures after the Greek government announced additional spending on pensions - an action that European partners deemed as «unilateral» and disrespecting the efforts agreed under the country's 86 billion euro ($ 89.75 billion) bailout program.
Can such an organized effort convince political leaders, not just once but over time, to act for debt relief and for human development in Africa and beyond?
Read reviews of debt relief settlement companies and programs, because it can create a long - standing relief effort for your mind and wallet.
Due to the Card Act that was already passed by Obama, this leads critics to believe that more effort will go into providing consumers with card debt relief.
Through the effort of debt relief programs, you may end up with a lower interest rate than what you were paying on the individual debts — ultimately, requiring you to pay less money and interest in the long - term.
Various credit repair companies and agencies, in an effort to make more money from you, also promote certain debt relief programs and services.
While the Consumer Federal Protection Bureau is expected to scale back on enforcing consumer protection statutes, the FTC has increased their efforts to target debt relief scams.
In an effort to help students deal with mounting college debt — as well as inspire those graduates to pursue a career in science, technology, engineering, and mathematics (STEM)-- the Alfond Foundation announced this week a new student loan debt relief program for Maine graduates.
The key to success with any DIY debt relief initiative is time investment and committed efforts to finish the program debt - free.
Bankruptcy Attorney Nation is an online legal resource that was developed in an effort to help consumers learn more about debt relief options while automating the search for bankruptcy lawyers online.
Section 310 (a)(1)(viii), as amended, will ensure that before consumers sign any contracts with or make any payments to a debt relief company, they will be informed of pertinent material facts including, among other things: (i) how long it will take to settle each debt; (ii) the cost to settle each debt; (iii) that the service will not stop harassing creditor calls or other collection efforts; (iv) that results are not guaranteed, and (v) that the settlement program may adversely impact the consumer's credit rating.
The primary consumer protection problem areas that have given rise to the States» actions include: (1) unsubstantiated claims of consumer savings; (2) deceptive representations about the length of time necessary to complete a debt relief program; (3) misleading or failing to adequately inform consumers that they will be subject to continued collection efforts, including lawsuits, and that their account balances will increase due to extended nonpayment under the program; (4) deceptive disparagement of consumer credit counseling; (5) deceptive disparagement of bankruptcy as an alternative for debtors; (6) lack of screening and analysis to determine suitability of debt relief programs for individual debtors; (7) the collection of substantial up - front fees so the debt relief company gains even if it fails to perform; (8) lack of transparency and information for consumers as to payment of fees, status of accounts, and communications with creditors; (9) significant delays in active negotiation or engagement with creditors, coupled with prohibitions on direct consumer communications with creditors; and (10), in the case of debt settlement companies, basing savings claims (and settlement fees) not on the original account balance, but on the inflated amount due (including late fees and default rates of interest) at the time of settlement.
Pending completion of the represented debt - relief services, the customer's creditors or debt collectors may pursue collection efforts, including initiation of lawsuits.
For the defaulting borrower, it can slow down the lender's effort to seek judgment and, if successful, can amount to relief from portions of the debt being claimed.
In particular, Treasury Secretary Mnuchin started talking tax reform and adjusting the debt ceiling deadline earlier in order to get funds for Hurricane Harvey relief efforts.
Additional information on NAR's mortgage debt cancellation tax relief efforts is available at www.nar.realtor / topics / mortgage - debt - cancellation - relief.
An effort is under way in the Senate to renew legislation that spares underwater homeowners from having to pay income tax on mortgage debt forgiven by a lender, one of the chief supporters of the tax - relief provision told a group of politically active REALTORS ® during NAR's Federal Policy Conference in Washington.
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