Sentences with phrase «if debt»

You should check your credit report to see if the debt you don't owe has been reported.

If the debt has already been reported to the credit bureaus and you believe that you do not owe the debt, obtain a copy of your credit report from each of the three bureaus.

If the debt has not yet been reported or if you dispute the debt, you may be able to save your credit.

If debt relief does affect credit ratings, some wonder if it has a positive or negative effect.

If debt paydown really is your biggest goal, then that is what you need to focus on.

In my opinion this situation is not about if debt settlement or credit counseling would be right, it's about what solution addresses his ability to focus on his schooling, the debt is not dischargeable, and put him in a safer financial position that would allow him to save money to protect himself.As far as me being an expert, I'll leave that up to Zeeshan to decide.

So rather than make any moves or assumptions about if the debt is past the statute of limitations to sue you for and is now time barred, I'd suggest you meet with a local bankruptcy attorney first to check out your options.

The specific types of debt and timing of such debt that is dischargeable in a Chapter 7 or Chapter 13 bankruptcy varies from state to state, so you should seek professional help in determined if your debt can be discharged as a part of a bankruptcy.

However, if a debt has resulted in a court judgment against you, the debt collector can contact your employer as long as they have a court order.

If the debt can't be discharged under a chapter 7 bankruptcy, you should talk to the attorney about a chapter 13 bankruptcy and learn what the rules are for handling private student loan debt is in your area under a chapter 13 bankruptcy.

Some people differentiate debts by calling them «good debt» and «bad debt,» depending on if the debt appreciates (education) or depreciates (car) over time.

Reaching success while paying off debt is your ultimate goal, so if the debt snowball works for you, then continue using it.

But if debt consolidation is what you want, then make sure you know what it is before you go!

If that debt is high enough and / or the interest rate is ridiculously expensive, it may literally take decades to retire that debt.

If the debt is at 2 % and the underlying assets pay 8 %, it creates 6 % more income on the leveraged side of the equation.

Determination can get you a long way, but if your debt journey is going to take several years, you may start to get impatient, lose hope or be tempted to spend.

If a debt is secured by property, such as a home mortgage or an automobile loan, you have options on how to handle that debt.

If a debt management plan is developed during required credit counseling, it must be filed with the court.

If a debt collector violates the Fair Debt Collection Practices Act in any way, you might be entitled to recover actual damages and / or statutory damages up to $ 1,000, as well as court costs and attorney fees, and — most important of all — make them stop calling you.

First, if a debt collector calls you stay calm and do the following:

If the debt snowflake seems more likely to work, then give it a try.

If debt collectors are calling your family members asking for payment on loans, make sure the collection agency or creditor knows you are serving time.

But you must remember, that even in cases where it «s proven that debt collectors have violated the law, the fact remains that if the debt is genuine, you still owe the money and will have to pay it back.

In my opinion this situation is not about if debt settlement or credit counseling would be right, it's about what solution addresses his ability to focus on his schooling, the debt is not dischargeable, and put him in a safer financial position that would allow him to save money to protect himself.

If the debt is valid but the wrong amount is being reported, credit bureaus are required to report the correct amount.

If your debt load has reached the point where you are now working for the debt settlement company, bankruptcy can help you get a «fresh start.»

These details will be removed from your credit file after six years, even if the debt itself is still outstanding.

Wondering if your debt is healthy?

Even if a debt settlement company abides by the federal laws, there's still no cap on the fees they can charge under these federal laws.

You can also settle with debt collectors if the debt has already been sold.

If your debt is covered, consider investing your refund in a diversified portfolio of Exchange Traded Funds or Index Funds.

Presumably, if debt collection methods didn't fall under such suspicion, then this wouldn't be such an issue.

If the debt can not be verified, they must remove it from your record.

You may even have the right to collect money damages and have your attorney fees paid if a debt collector violates your discharge

We care if a debt collector violates you discharge.

If the debt is proven to be valid, then debt negotiation would be your second best option.

After you evaluate the alternatives to debt settlement, you could decide if debt settlement is truly the best solution for your debt.

Even if debt consolidation lowers your monthly payments, you still have to repay the loan's total.

If your debt begins to affect the way you do your job, your employer may have to let you go.

If your debt goes to a collection agency, then this will not only affect your credit score, but will also affect your ability to obtain credit in the future for seven years.

We would recommend using debt validation if the debt is in a debt collection status.

If a debt collection company can't prove they're abiding by all of the laws, they must immediately stop coming after you for a debt.

If debt consolidation is the right strategy for you, you then have to decide who will help you.

If your debt is manageable, make payment arrangements with the collection agent.

The Nolo website says you may be able to get collections removed early as part of a payment agreement with the debt collector, or the original creditor if the debt hasn't been sold.

If the debt properly managed, you will keep up a good credit rating.

You're more likely to get approved if your debt - to - income ratio is less than 43 %.

If your debt is secured debt, it can also be harder to get a consolidation loan at a lower rate than what you're currently paying.

If your debt consolidation solutions involve a new loan or credit card, you'll want your FICO credit score to be at least 690.

While it can be done, you shouldn't make the mistake of assuming it's an automatic out if the debt becomes too much to handle.