tag:blogger.com,1999:blog-86792614370242102422011-08-01T12:27:20.962-04:00A must read to learn more on getting out of debt. Covering bankruptcy, credit counseling and debt consolidation loans. Find out why debt settlement is often the best option when getting serious about debt help. www.totaldebtfreedom.caTotal Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.comBlogger181100tag:blogger.com,1999:blog-8679261437024210242.post-60582531137022776412009-06-10T10:01:00.001-04:002009-06-10T10:03:48.916-04:00

This is one of my favourite all time question. For years the Canadian media has been picking up random information on debt settlement companies from our American cousins. While there are tens of thousands of success stories, most of the published stories on debt settlement tend to be negative.There’s an old saying about not believing everything that you read. I’ve learned first hand over the

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-88508281679204310562009-04-07T11:05:00.000-04:002009-04-07T11:07:49.461-04:00

Having settlements negotiated on your credit card debts requires know-how, patience, persistence and requires a lot of time. Using a good debt settlement company is a great idea if you want it done right.The total cost of getting your debt settled over 3 years with all fees included should be less then what you owe today. There is however some questions you should ask the debt settlement

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-29376914167105161662009-02-05T15:09:00.002-05:002009-02-05T15:13:11.082-05:00

If you are drowning in debt, and you are serious about doing something to end your financial problems, then you will need to decide where to focus your efforts.You should decide, do I want to eliminate my debt or rebuild my credit? For most people with too much debt it's impossible to achieve both at the same time.The truth of the matter is if you are carrying a lot of debt, and are near, or at

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com1tag:blogger.com,1999:blog-8679261437024210242.post-19288828433617257242009-01-06T15:59:00.000-05:002009-01-06T16:01:39.931-05:00

If I had a dime for every time a bill collector from a collection agency threatened someone in debt with a lawsuit and actually followed through on it, I would probably be an extremely poor man. It's rare for a collection agency to sue people but it is more common for the bill collector to threaten legal action.However, you should be aware that when you borrow money as a loan or on a credit card

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-19453155276424307242008-11-04T16:21:00.000-05:002008-11-04T16:22:42.947-05:00

In a letter addressing 176 collection agencies in Ontario the Registrar of Collection Agencies appears to be making a change in the way Collection Agencies in Ontario can do business.In the past collection agencies in Ontario and their lawyers have been successful at collecting money from debtors with “draft” statement of claims. This tactic was effective because it is inexpensive and scary to

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-27155092027561840862008-10-30T10:08:00.001-04:002008-10-30T10:10:16.844-04:00

We recently discovered that bill collectors are using popular social networking sites like Facebook and Myspace to dig up very personal information on people in debt.Recently a bill collector from a collection agency purportedly discovered new employment information published on a Facebook profile they didn’t originally have. Soon enough collection calls and threats of garnishing wages followed

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-53348583892403215112008-05-27T16:26:00.000-04:002008-05-27T16:28:16.168-04:00

I recently wrote an article on adopting some practical approaches to help reduce harassing collection calls. My first article on this subject highlighted the use of a call privacy manager from your phone company and a telezapper type of device. In my experience both of these methods can be a highly effective means for dealing with these types of annoying calls. I have also done some further

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-50089522344773448322008-05-14T16:29:00.001-04:002008-05-14T16:33:09.414-04:00

The phrase that most people associate with getting out of debt is "debt consolidation". Consolidating debt requires getting a new loan to pay out existing debts. This situation is ideal if you have great credit and can get an interest rate lower then what you are paying right now.Now there are two types of consolidation loans. Unsecured loans are not secured against an asset and typically have

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-27138707495633497512008-05-14T16:27:00.001-04:002008-05-14T16:29:12.452-04:00

Harassing collection calls when you owe debt can be a nightmare. People tell me all the time how relentlessly the phone can ring when they owe money. There is a way to minimize this and actually stop it in most cases.Adopting these techniques is also effective in stopping the horrible telemarketers that call you every evening offering windows, doors, lawn care and the like.The first thing you

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-32080471968788771712008-04-17T13:36:00.000-04:002008-04-17T13:38:51.750-04:00

The collection of debt is a stressful event. Phone calls, nasty letters and constant threats of legal action are often enough to drive you crazy. Creditors have a trick up their sleeve that most people don't know about, and when it happens it's even more disastrous then an irritating bill collector phone call.The person in debt to the bank often calls it stealing money. The creditor calls it a

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-61564231237316888472008-03-24T17:06:00.000-04:002008-03-24T17:08:04.020-04:00

The people I talk to are always concerned about a lawsuit, I should state first that I am not a lawyer and this article is not legal advice and should not be used as a substitute for the advice provided by a licensed expert. This article is for informational purposes only and based solely on my 14 years of debt management experience.Anytime you borrow money as a loan or in the form of a credit

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-77236816513169954122008-03-18T16:40:00.002-04:002008-03-18T16:45:13.938-04:00

The number one question people ask me when they need debt relief is: does debt settlement ruin my credit rating?A lot of articles have been published from some sources that claim to be experts on this new method of debt help; so to clear things up, no it wont ruin your credit.The reason is you can only qualify to settle your debt if you are behind in your required monthly payments so your credit

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-59394110982583824282008-03-18T16:38:00.000-04:002008-03-18T16:39:52.039-04:00

On the one hand, credit counselling can be a good way to resolve debt while avoiding bankruptcy. On the other hand, it can be like an onion; once you peel back the layers, you may cry after you see what you are doing.Consumer credit counselling service companies organize themselves as either for-profit or not-for-profit. Recently, not-for-profit Credit Counselling in America has been in the media

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-15265185490648762822008-03-18T16:37:00.000-04:002008-03-18T16:38:28.383-04:00

Beware of the special and introductory offers at ridiculously low interest rates. It's generally a bad idea to use credit cards to consolidate debt. I get bombarded with offers of anywhere from 1.99% - 4.99% credit cards all the time.With 5 year mortgage rates hovering in the 5.99% range today for people with perfect credit how can credit card companies afford to offer a 1.99% rate on an

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-12572819585503600642008-03-18T16:34:00.000-04:002008-03-18T16:36:18.185-04:00

Bankruptcy can sometimes be your best way out of an overwhelming debt situation but you should consider how the law forces a Trustee in Bankruptcy to operate in Canada.The bankruptcy process must be administered by a Trustee in Bankruptcy. Most Trustee's have both an accounting designation and a university degree. They must also pass a bankruptcy and law course. When considering filing for

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com2tag:blogger.com,1999:blog-8679261437024210242.post-6343624333496828532008-03-12T17:02:00.002-04:002008-03-18T16:47:03.591-04:00

1. I am from the Legal Department and you are being sued. From my experience less then 2% of all debts listed to a collection agency ever result in formal legal proceedings and in most cases legal costs required to initiate a lawsuit have to be advanced by the collection agency. From a business perspective, it makes no sense to throw good money after bad hoping to recover the legal costs and the

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-11065226181967461682008-03-04T17:21:00.000-05:002008-03-04T17:23:27.907-05:00

In order to get out of your debt, you must apply the secrets of debt freedom. These tips are the foundation of becoming debt free and creating options in your life.There is an old saying that talks about stupidity. It goes something like "the definition of stupidity is doing the same thing over and over again, expecting a different result". For example, people don't keep turning on a cold water

Total Debt Freedomhttp://www.blogger.com/profile/13406971557398753774noreply@blogger.com0tag:blogger.com,1999:blog-8679261437024210242.post-70865000515588452262008-02-28T14:55:00.000-05:002008-02-28T15:08:30.834-05:00

Do it yourself debt settlement can save you a lot of money, many people live by the "if you want it done right, you've got to do it yourself" camp.The thing to remember is you can do almost anything yourself if you have the right training, resources and time to do it. But realistically most people would rely on an auto mechanic to replace their transmission for them or hire a lawyer if they

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