What Control Do You Have Over Payment Of Debts?
If you owe more than one debt, any payment you make must be applied to the debt you indicate. A debt collector may not apply a payment to any debt you believe you do not owe.
Dealing with Debt
Dealing with finances is never easy, and for all too many Americans, debt problems have become a major issue in their lives. With the current economic crisis, rising unemployment rates, and steadily increasing costs of living, many people are experiencing the positive and negative effects of credit, debt, and the contracts that are created as a result of financial …
more
What are Credit Counseling Agencies?
Credit counseling agencies may be able to help you if you are having trouble paying your debts. Credit counseling agencies also can be an alternative to filing bankruptcy proceedings, or, in some cases, are a required step to filing bankruptcy proceedings. These are generally non-profit organizations whose goal is to provide you with the tools necessary to managing and paying off …
more