7 Holiday Spending Mistakes to Avoid (Pt. 2)
Picking up from where 7 Holiday Spending Mistakes to Avoid (Pt. 1) left off, below we will point out some more common holiday spending mistakes to sidestep this year. Mistake 3 – Charging everything. Charging everything and opening new lines of credit are a few common holiday spending mistakes to avoid. If debt is your real problem, call us. In the frenzy to get all of your holiday shopping done, whipping out your credit cards to charge everything can seem easy. However, this is another holiday spending mistake to avoid because it can cause you to max out [...]
7 Holiday Spending Mistakes to Avoid (Pt. 1)
The holidays are just around the corner, which means that many people are gearing up to get their holiday shopping done. From purchasing food for holiday dinners to buying everyone special a holiday gift, the spending during the holidays can easily get out of control which can: Intensify people’s financial problems if they are already struggling with debt Get people started off on the wrong foot for the New Year when it comes time to deal with the impacts of holiday spending. To avoid such disasters and ensure that you have a wonderful holiday and New Year, in this three-part [...]
FAQs about Tax Debt and Bankruptcy (Pt. 3)
Wrapping up our blog series FAQs about Tax Debt and Bankruptcy, here are some final answers to commonly asked questions about tax debt and bankruptcy. Q – What if I already have a federal IRS tax lien against me? What happens to the IRS lien if I file for bankruptcy? When you are ready for more answer about tax debt and bankruptcy, call us. We can help you resolve your tax debt and bankruptcy case as favorably as possible. A – If you are already dealing with an IRS lien, then the type of bankruptcy case you are [...]
FAQs about Tax Debt and Bankruptcy (Pt. 2)
Resuming FAQs about Tax Debt and Bankruptcy (Pt. 1), below are some more answers to commonly asked questions about tax debt and bankruptcy cases. Q – Can the IRS stop me from being able to discharge tax debt through bankruptcy? Although tax debt may be discharged through bankruptcy, here are some important things you need to know about both tax debt and bankruptcy. A – Yes! Like other creditors you may have, the IRS can file specific paperwork with the court to prevent you from being able to discharge your tax debt. This will not usually happen if [...]
FAQs about Tax Debt and Bankruptcy (Pt. 1)
Tax debt is a serious problem for many Americans, and what many of these people may not know is that bankruptcy can be a viable option for discharging this type of debt when people don’t have the means to pay it off. Because, however, bankruptcy can’t be used for all types of tax debts, in this three-part blog series, we’ll answer some commonly asked questions about tax debt and bankruptcy to clarify when this may be a debt relief option. Keep in mind, however, that the answers we will be providing in this blog series are general and that you [...]
Settling Credit Card Debt: 6 Facts to Know (Pt. 3)
Concluding our blog series Settling Credit Card Debt: 6 Facts to Know, below we will wrap up this discussion by pointing out some final important facts to know when it comes to settling credit card debt. Final Important Facts about Settling Credit Card Debt… Fact 5 – There are alternatives to settling credit card debt you may want to consider first. When you are considering settling credit card debt, you can get trusted advice – and real help with debt relief – by contacting the Law Office of Jon B. Clarke. As appealing as settling credit card debt [...]
Settling Credit Card Debt: 6 Facts to Know (Pt. 2)
Picking up from where Settling Credit Card Debt: 6 Facts to Know (Pt. 1) left off, here, we will continue to discuss some important facts to know when you may be considering settling credit card debt. More Important Facts about Settling Credit Card Debt Fact 3 – Research any debt settlement company before signing anything. When considering settling credit card debt, you should know that there may be some tax consequences. Contact us to find out if settling credit card debt is right for you. When you are ready to move forward with settling credit card debt, make [...]
Settling Credit Card Debt: 6 Facts to Know (Pt. 1)
As of September 2014, Americans owed more than $880.5 billion in credit card debt, with the average amount of credit card debt per U.S. household being just over $15,600 (according to data from the U.S. Federal Reserve). Clearly, credit card debt is a big problem for many Americans, and this problem can be compounded in many cases by unemployment, divorce or illness and accumulating medical bills. When massive credit card debt may be burying you in debt, it may be time to consider settling credit card debt to try to improve your financial situation. In this three-part blog series, we [...]
Stop Debt Collectors from Contacting You with This Letter
When debt collectors are continually contacting you about some debt that you do not actually owe them, sending them a formal written letter to dispute the debt and to tell them to stop contacting you will be important. Below is a sample letter that you can use to permanently stop debt collectors from calling you and sending you letters about some debt that has been fraudulently accumulated under your name. The bracketed areas indicate where you should fill in your personal info. Once you send this letter with the appropriate supporting documentation, make sure you retain a copy of everything [...]
Choosing a Credit Counselor: 6 Questions to Ask (Pt. 3)
Wrapping up our blog series Choosing a Credit Counselor: 6 Questions to Ask, below we will point out some final important questions to ask when you are choosing a credit counselor to help you. Some Final Questions to Ask When Choosing a Credit Counselor… Question 5 – How do you keep my personal information private and secure? When choosing a credit counselor may be confusing or difficult, call the Law Office of Jon B. Clarke. We can help you obtain some real debt relief and a financial fresh start. You should receive a clear, detailed answer to this [...]
