In today’s debt elimination blog, I will discuss the terrible prospects of negative equity. With the sub-prime market in the tank, the value of housing, particularly along the east and west coasts, have suffered tremendous losses. When the housing market was booming, you could turn to any channel and see commercials for taking a loan [...]

When you are in debt to the point that you are constantly behind and unable to make your payments it can feel overwhelming to say the least.
Often times the burden of indebtedness seems impossible to overcome outside of bankruptcy.  If you are considering bankruptcy to eliminate your debt, consider these options before making that decision.

What [...]

The federal government is finally taking charge and revoking the tax exempt status on many non-profit debt counseling services. The last year has seen a definite focus on cleaning up the debt counseling industry.
High fees and high-pressure tactics were two hallmarks of credit
counseling groups whose tax-exempt status the IRS revoked, Everson said.He would not [...]