Debt Relief

Negotiating with credit card companies

Texas residents who rely on their credit cards to make ends meet after an unexpected setback like a layoff or illness sometimes find themselves in deep financial trouble. Revolving debt can be a convenient and straightforward solution to short-term financing needs,...

Debt-settlement companies and debt balances

Texans have several options when they are facing overwhelming levels of debt. Those choices may include getting help from a credit counseling agency, engaging in a personal budgeting plan, going through debt settlement companies or filing for consumer bankruptcy. It...

Paying off debt

People who are struggling with debt in Texas may be looking at debt management programs that can help them pay down their bills. One common strategy for paying bills is the so-called "debt snowball." The "snowball" works like this: A debtor makes a list of all of his...

Debt forgiveness often comes at a price

Texas residents who are struggling to make ends meet sometimes pursue debt forgiveness or debt settlement because they are worried that their credit ratings will suffer and their assets will be seized if they file for bankruptcy. Many companies offer to help debtors...

Debt service provider sanctioned by CFPB

Debt relief service providers sometimes give sound advice to Texas residents who are struggling to make ends meet, but many of the business offering these services callously take advantage of those with financial difficulties. One such company, the California-based...

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