bankruptcy / 4 posts found
Why You Should Chose Bankruptcy Over A Debt Settlement
In this video I provide 4 reasons why Bankruptcy trumps a debt settlement hands down. #1) A bankruptcy provides you a clean slate where as a debt settlement you still have the debt if they dont settle #2) Debt Settlements require the creditor to take less then will send you a 1099 for the difference. Bankruptcy chapter 7 one time payment and you don’t have a 1099 to deal with for taxes. #3 Debts could resurface Bankruptcy most if not all debt handled under legal proceeding no worry of it resurfacing. #4 Bankruptcy legal guarantee all debts are taken care […]
Is The Christian Church Going To Close?
240 Christian Store Closings– Will Christian Church’s Close next? In this video I talk about the 240 Christian retail stores that closed and the narrative behind the closing. The article discussed is the surprising nature and bad policies that took under the ownership. Some of which included the non paying of suppliers and a host of other practices. This should not be associated with the Christian establishment. In addition because of the state of the economy we are in this begs the question will the Christian church be next.
What You Need To Ask A Debt Management Company
In this video I provide 5 questions you need to ask any debt management settlement or debt management company before choosing there program. #1 How will your program affect my credit report? #2 Will be there be any tax implications when using your program? #3 How much is your fees up front and or monthly? #4 Will your program payback 100% of the debt? #5 Who sets the guidelines for your program your company or the creditors?
What Steps To Take When You Cant Pay Your Credit Cards
In this video I provide 5 quick solutions on what steps to take when you cant pay your credit cards or loan obligations. #1 Contact the creditors and let them know your situation. #2 Find out how much you can realistically pay and be prepared to pay that amount consistently. #3 Contact a Non Profit Debt Management Agency and go through the process and see what they could do. #4 Seek Legal aid in your area. #5 Don’t be afraid to file Bankruptcy.