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Recent Questions and Answers
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Recent Reduce Debt News:
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Today, just about every American who has a credit card, builds a house, has a cell phone, gets a job or buys a computer likely has agreed unknowingly to settle any dispute through binding mandatory arbitration (BMA), a for-profit backroom process.
WASHINGTON — Late payments on credit card bills dipped in the second quarter, while delinquencies on home equity lines of credit climbed to a 5½-year high, painting a mixed picture of how people are managing their debt.
I'm a single parent with two children. I bring home about $3,500 a month, but I have $14,000 in credit card debt. Our rent is $750 a month, and I've been funding my 401(k) at $700 per month. Should I file bankruptcy, stop funding my retirement or what?
(ARA) - Tired of feeling like you're living from paycheck to paycheck? Have interest charges driven your credit card balances so high, you feel like you'll never get out of debt? If so, you're not alone.
Until yesterday, that credit card, also known as the national debt, was hitting its legal ceiling.
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Additional Reduce Debt Resources:
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1.
Joe Mastriano,CPA
Unique solutions to IRS problems. Corporations owing big payroll liabilities can substantially reduce their debt.
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2.
JP Morgan Partners
Investment focus: private equity for a global investment opportunities including management buy-outs and recapitalizations, venture capital, growth equity and equity to reduce excessive debt burdens.
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3.
Cash Flow Network
providing working capital via factoring invoices & businesses tools to reduce taxes, & eliminate debt
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4.
Budget Explorer: The Complete U.S. Federal Budget
Explore the entire U.S. Federal Budget quickly and easily. Find solutions to reduce the National Debt. Learn how others have balanced the budget, and how your Federal taxes are spent.
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