Posted on March 30, 2009 by creditanswers
The statute of limitations (SOL) is the legal time frame in which debt collectors can file suit on an unpaid debt. SOL varies depending on the type of loan and the state in which you live. The Credit Infocenter web site gives a description of various account categories and a detailed list of the SOL for each state.
Filed under: debt, debt management | Tagged: credit card debt, credit report, debt, old debt, statute of limitations | Leave a Comment »
Posted on March 23, 2009 by creditanswers
If cameras were filming you on a daily basis, they may see you lose your temper with a collector. Although persistent collectors may give you reasons to get upset, yelling and screaming may only create more stress for you. Some creditors want to “press your buttons” so you will become annoyed and pay your bill.
Filed under: debt, debt management | Tagged: debt, debt problems, debt settlement, debt tips, get our of debt, get out of debt | 1 Comment »
Posted on March 16, 2009 by creditanswers
U.S. home prices fell at a fast pace during the end of 2008, according to a study entitled, Home Prices in America. Because of the rapidly declining prices of homes, the housing market is now undervalued.
Filed under: debt, debt management | Tagged: lower property tax, national taxpayers union, prices of homes, property tax | Leave a Comment »
Posted on March 9, 2009 by creditanswers
As you may already know, overcoming debt requires perseverance. At this time, the road to debt settlement may see like an endless journey. When you become overwhelmed with the daily struggles of debt
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Posted on March 2, 2009 by creditanswers
As you strive to settle your debts, most of you have made a commitment to rely on cash instead of credit cards.
Filed under: debt, debt management | Tagged: bad credit habits, cash advances, credit card debt, credit card habits, debt settlement | Leave a Comment »