debt problems / 2 posts found
Did The Government Almost Shut Down in April?
In this video I revisit the Budget Debate and reintroduce the question. Will there be a government shutdown April 29th. Right now Congress is on break but will reconvene April 25th and only have 4 days to agree on a budget increase. Right now we stand at 20 trillion the question is if they could not agree on restructuring Obama Care will they agree on increasing the debt ceiling without a Government Shutdown.
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 […]