Debt Settlement

Dealing With Debt Collectors: Be Their Friends

Kevin Yu | Posted 05.16.2012

Kevin Yu

Debt collection agencies are used to being yelled and cursed at, so why not take the opposite approach and try to be their friends?

Are Attorney Backed Debt Settlement Programs Safe?

Kevin Yu | Posted 05.14.2012

Kevin Yu

Just because a debt settlement company is "attorney backed" does not mean that an actual attorney will be negotiating their debts.

Janell Ross

Foreclosure Rescue Scams Proliferate After Recession

HuffingtonPost.com | Janell Ross | Posted 11.26.2011

From the looks of the mortgage relief companies Christopher Mallett has marketed in recent years, offering lower payments and new loan terms to troubl...

Dealing With Debt Collectors

Jason Alderman | Posted 10.04.2011

Jason Alderman

Ideally, you should contact your lender as soon as you realize you may have difficulty paying a bill. They would much rather work out a repayment plan than enter the costly and time-consuming collections process.

Feds Strengthen Debt Settlement Rules

Jason Alderman | Posted 11.17.2011

Jason Alderman

When faced with overwhelming debt, many people don't know where to turn: Should they file for bankruptcy, consolidate their debts into one loan to be ...

New Rule Cracks Down On Debt Settlement Industry

AP | CANDICE CHOI | Posted 05.25.2011

NEW YORK — Companies that promise to reduce or eliminate credit card balances and other debt for customers will no longer be allowed to charge an up...

Mired In Debt? Here's How To Dig Out Safely

DailyFinance | SHERYL NANCE-NASH | Posted 05.25.2011

William Caniano used to work with a debt-settlement company and discusses the practice, among other topics, in his forthcoming book, The Art of Bullsp...

A Vaccine Against Debt Settlement Sickness

Lisa Madigan | Posted 05.25.2011

Lisa Madigan

The signing into law of my office's initiative -- the Illinois Debt Settlement Consumer Protection Act -- will provide Illinois consumers with the strongest protection in the nation against the abuses of debt settlement companies.