Paying off debt was the third most popular financial New Year’s resolution for 2012, according to Fidelity Investments. But shedding your debt can be harder than dropping those extra pounds. For people with significant debt, professional debt relief agencies that provide debt management, debt consolidation, or debt settlement services can be helpful tools for getting [...]

The Texas Attorney General’s Office has charged a Houston-based debt collection firm for deceiving and threatening delinquent payday loan customers. Payday loans are short-term loans that offer struggling consumers advances on their paychecks and can provide a measure of temporary debt management, such as emergency funds for bill payments. According to Attorney General Greg Abbott’s [...]

A Margate-based debt consolidation company that recorded more complaints with the Federal Trade Commission than any other South Florida business in 2010 has reached a settlement agreement with the Florida Attorney General’s Office that requires the debt relief company to refund over half a million dollars to frustrated customers. According to the Attorney General’s complaint, [...]

Credit Cards can make holiday shopping simple and painless. Until that first credit card bill arrives. Taking on credit card debt over the holidays can be fraught with peril. The best thing to do is avoid using credit cards for holiday shopping, but, if you have to take on credit card debt while playing Santa [...]

The Federal Trade Commission (FTC) has reached a settlement agreement with six defendants who were charged with participating in a fraudulent mortgage debt relief scam that bilked millions from desperate homeowners. The defendants, operating under a corporate umbrella called U.S. Homeowners Relief Inc., were sued by the FTC last year for offering fraudulent mortgage relief [...]

Getting out of debt can be tough for some Americans. After all, U.S. households currently owe an astronomical $2.3 trillion in credit card debt, auto loans, education loans, and other non-real estate debt. Regardless if your debt problems are caused by unemployment, overspending, or both, there are six tips that can get you started down the [...]

Currently, U.S. households owe an almost unbelievable $2.3 trillion in non-real estate debts like credit card debt and auto loans. For some Americans, getting out of debt is just plain hard. Whether your debt is the result of unemployment, overspending, or both, here are six personal debt relief tips that will help you start â€” and successfully [...]

An Austin, Texas, man has been charged in United States District Court with operating a mortgage debt relief scam in Los Angeles and elsewhere that falsely promised the owners of more than a thousand distressed properties that they could be protected against foreclosure sales. Frederic Alan Gladle allegedly recruited homeowners with properties that were facing [...]

The debt that seniors leave behind when they pass away is becoming big business for debt collectors, who sometimes use questionable tactics to go after family members and pressure them into debt settlement agreements even though spouses and other survivors may not be legally required to pay. When people die, debts usually die with them, [...]

A Texas woman who sought mortgage debt relief from Bank of America has sued the bank after it approved her request for a loan modification for her Austin home but then rescinded the approval and eventually began foreclosure proceedings against her. The lawsuit by Maria Gonzales alleges that the bank wrongly invalidated the loan modification [...]