Chicago, IL (ContentDesk) July 23, 2006 -- Legal Helpers released the second article in a series on credit reporting errors, the issues they create and what consumers can do about them. The article, which can be found at http://www.legalhelpers.com/credit-repair/credit-and-the-law.html, discusses the history of credit bureaus, how they evolved and explores the laws established by the federal government to help protect consumers from incorrect credit reports. The series is intended to create awareness of a growing issue that concerns every consumer regardless of the current state of their credit. A single error on a credit report could result in an increased point or two of additional interest which could result in hundreds if not thousands of dollars that the consumer should not have had to pay. Legal Helpers will continue the series each week.
About Legal HelpersThe law offices of Macey & Aleman, operating as Legal Helpers in some states, with a web address of www.legalhelpers.com, is a debt relief agency helping people to file for bankruptcy under the bankruptcy code.
Founded in 1994, the firm is one of the largest consumer bankruptcy law firms in the United States, employing over sixty attorneys across nineteen states..
How Debt Negotiation Can Benefit You
Debt negotiation and settlement can give you a drastic reduction in the amount of debt you owe and allow you to repay your debts in a much shorter time. Resolving your debts is important to your well-being and financial stability. Debt negotiation is a way out of debt without filing bankruptcy. Paying your debts off at a much lower interest rate and lowering your monthly payments will have a better long-term outcome than bankruptcy or simply not paying them at all. Your credit standing can be restored in much less time than it takes for a bankruptcy or delinquent accounts to be removed from your credit report.Debt negotiation and debt settlement can give you a means to repay your debts and keep your accounts in good standing.
You can negotiate your student loans, credit card debt, and revolving accounts and potentially save hundreds of dollars each month. There are many different types of programs that can help you reduce your debts dramatically. If you, like millions of people,...
How Debt Negotiation Can Benefit You
Bankruptcy Home Loans
Are you a homebuyer with a recent history of bankruptcy in your credit report? You may be wondering whether it's possible to get a home loan with your kind of credit history. Or you may be wondering how long it will take you to get a home loan after declaring bankruptcy.
There are many mortgage companies and banks which offer home loans even if you have a bad credit report or a bankruptcy. A home being an asset in itself, lenders feel secure about giving you a home loan. They feel they profit by approving a home loan for you, and often do it soon after you have cleared off your debts.
Some companies approve your loan two years after you have filed your bankruptcy, but depending on the type of bankruptcy you have filed and the time you take to clear your credit, you can get a home loan in a period of one to two years.
Mortgage companies have special packages for bankrupt people to get loans for buying houses. After shopping around online and with traditional...
All About: Debt Management Services
Are your loads of debts bothering you? Do your creditors keep calling to remind you of your liabilities? Are you afraid you might not be eligible to borrow again just to make ends meet? If the answer to these questions is yes, then you might want to seek advice from a debt management services company. They offer solutions through debt management that will eventually free you of debts.
Debt management is a term that refers to a ?third party' between the debtor and their creditors. A debt management specialist will work with you to come up with a viable plan to repay your debts and lower your monthly payments. This is done by consolidating all of your bills into one.
The debt management service collects a monthly payment from you and disperses this payment to all of your creditors. At the same time, they work with your creditors in order to reduce any finance charges or late charges that might be excessive. The debt management service gets a commission by taking a...
All About: Debt Management Services
Don?t Delay in Managing IRS Tax Debt
SAN MATEO, CA
March 24, 2005 ?- With tax day, April 15, less than one month away, consumers and business owners who have looming tax liabilities are likely breaking a sweat just about now. For those with serious tax problems, Freedom Financial Network, LLC, can help by working directly with the IRS to reduce past-due tax penalties and payments, and offering tips on managing tax season.Because Americans are carrying more debt than ever, today's consumers are more likely to have tax problems than in the past. And the situation will likely only grow worse, says Brad Stroh, co-CEO of Freedom Financial Network, a debt resolution company serving more than 3,000 clients. According to the Internal Revenue Service:1.Fifteen percent of all taxpayers owe back taxes.2.In 2003, an estimated $120 billion in taxes went uncollected.3.An estimated 76,686 taxpayers had delinquent tax bills of more than $100,000 (as of Fiscal Year 2001).4.The number of levies (a key enforcement tool in which the...