Marinemom1
Hi, my name is Karen and like you, I'm an average American citizen who experienced job loss and increased debt. Through my own trial and error and experience as a third party debt collector, I was able to find the best "common sense" methods to dealing with creditors and begin re-storing my credit rating.
I do have a background in financial para-planning in addition to collections, which has allowed me to see the many pitfalls individuals can get into when they panic and listen to the market "hype". My best piece of advice is "don't panic and begin to take control of the situation".
http://stores.lulu.com/debtnegotiation
Recent Blog Posts
All the hype about big businesses getting bailouts has certainly NOT made the average American feel any better about their own debt. In 2008 I worked for a large worldwide corporation that decided to "outsource" it's business and "downsize" it's U.S. branch, thus over 3000 hardworking American...
Recent Forum Posts
No debtor's prison in the United States any longer. The creditors can now garnish wages (after getting a judgement against you) and in most states attach a lien against your property. Also keep in mind, if you don't have property now or a job at some point you will, creditors CAN AFFORD ...
Hold on and think about this! If you file bankruptcy you have a huge mark on your credit for up to 10 years. If you are just paying the minimum, BUT, you have kept up with your payments, call each creditor and request a temporary hardship with reduced interest rates, most creditors will work w...
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Recent Comments
I agree, the government offers bailouts to large corporations and the average American is basically footing the bill. (What else is new?). These so called programs to get government help for personal debt are just another way to advertise and mislead the average citizen. These prog...
