Free Debt Help in San Diego

There are several agencies in San Diego that can help with everything from budgeting to foreclosure prevention. Many of the services are free, but if the agencies take over management and payment of unsecured debt, there is usually a small fee. MSN Money recommends consumers find their agencies through the Association of Independent Consumer Credit Counselors or the National Federation for Credit Counseling. Springboard Non-Profit Consumer Credit...

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Mortgage Assistance Programs for Single Mothers

Single mothers carry the unique burden of handling every task in the family normally shared by two parents. Providing food, clothing and basic needs can be difficult enough in a one-parent household, owning a home on top of that can seem a distant dream. There are several options to assist a single mother with the goal of homeownership for her family. Government Assistance Programs Two major programs are available to provide both counseling...

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Fixed vs. Floating Interest Rates

When you take out a loan, the interest you are charged typically comes in one of two forms: fixed or floating. Each has its benefits and drawbacks, and any consumer contemplating a loan should know the different between the two to make an informed decision about your loan and how it will affect you. Fixed Interest Rates A fixed interest rate is one that remains the same over the length of the loan's term. Fixed rate loans come in a variety...

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About CCCS

If you are awash in debt, you my be thinking about declaring bankruptcy. But there is one more place to turn. Millions of people have sought help from credit counseling agencies that have helped them solve their problem. Reaching national stature is Consolidated Credit Counselors, Inc. (CCCS). The people at CCCS will ease the repayment of what you owe by working with your creditors to reduce the amount of the debt or the terms.. That could result in your returning to a life of living within your means. History CCCS opened its doors in 1991...

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Laws on Balance Billing in California

In recent years, the nation began focusing on patients' health care rights and rights to fair billing. Without a federal law regulating medical billing procedures for non-Medicare providers, many states enacted laws against the use of balance billing by medical providers. In 2009, the California Supreme Court issued an important legal decision in "Prospect Medical Group, Inc. v. Northridge Emergency Medical Group." The California Supreme Court issued a unanimous decision against medical providers who use balance billing practices in an emergency...

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What Is the Meaning of Debt Servicing?

Debt is something that affects most Americans in one way or another. MSN reports that 2004 statistics show that about 43 percent of American families spend more than they earn, personal bankruptcies have increased 200 percent from 1994 to 2004 and the average U.S. household has at least $8,000 in credit card debt. It is therefore of vital importance that people educate themselves in debt management and debt terminology. Debt Service Debt...

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How to Easily Find Government Grants so you Can Pay Off Your Bills And Eliminate Debt

There are many programs that can be available to you so that you can eliminate your debt. A Government Grant can help you get debt free and help to pay off old debt that you may have. Basically a Government Grant will give you Free Money so that you can pay off old bills but it is important to know the secrets so that you have the best chance to qualify for this free money that the Government gives to people in need. Instructions 1 It is important...

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Does Debt Management Hurt My Credit Report?

Debt management companies help borrowers pay down credit accounts by negotiating with the credit companies to lower terms, reduce fees and consolidate the credit accounts so only one payment needs to be made per month. Debt management can appear on your credit report, although the specific effects vary. Credit Report Basics Your credit report contains information about your credit accounts, such as credit cards and mortgages. The credit report also has public records and collections for negative marks. The credit report information comes...

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What Happens If You Default on a Payday Loan in Pennsylvania?

Although they must generally be paid back within a short period of time, payday loans command a high rate of interest. In addition, borrowers who don't pay their loans back on time face steep penalties and additional hikes in the interest rate on their loans. Laws regulating the issuance of payday loans vary between states. Pennsylvania has various laws designed to protect consumers from exorbitant fees. Interest In Pennsylvania, a lender cannot charge a borrower an interest rate of more than 20 percent on the first $300 that a borrower...

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Debt Consolidation Facts Online

There are many ways to consolidate your debts. You can choose a consolidation program that targets certain types of loans, such as student loans or revolving credit accounts, or look for a single program that allows you to consolidate different types of debt. You need to find a program with an affordable monthly payment to maximize the benefits gained from debt consolidation. Debt Management Plan Don't confuse a debt management plans with...

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Consolidated Debt Obligations

Anyone drowning in debt may be tempted by the dozens of consolidation offers they see each day through email, television, radio, web and print advertisements. Although debt consolidation may ease the problem of keeping track of multiple monthly payments, it's important to understand that your obligations to those debts do not change. In fact, your financial obligations become even greater when you add another debt to the mix in the form of a consolidation...

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Can a Debt Collector Collect on a Repossessed Leased Vehicle?

If you fall behind on your payments on a leased vehicle, your lessor will likely contact you in an attempt to help you bring your account current. However, if you do not bring your account current, your lease agreement gives the lessor the right to repossess the vehicle. You might assume that repossession relieves you of the obligation to make future payments under your lease; however, the lessor or a debt collector may still collect from you after a repossession. Deficiency After a lessor repossesses a leased vehicle, it will typically...

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What Happens When You Get Sued for a Student Loan?

When you borrow money to pay for a college education, you are responsible for repaying your student loans, even if you didn't graduate or have trouble finding a job after graduation. If you stop paying, the loan goes in default and can have serious consequences. Court Hearing A lender can file a lawsuit if he cannot collect student loan debt through other collection attempts. When a creditor receives a judgment against you, he can use many tools to collect debt, including wage and bank account garnishment and placing a lien against your...

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How to Find a Reputable Debt-Management Company

When you start to feel that your personal debt is spiraling out of control, you may begin to consider contracting the services of a debt management company. There are many reputable and experienced debt-consolidation companies to choose from, but you should still do your homework to make sure that you're dealing with a company that's looking out for your best interests, instead of just trying to make a commission. The search process for a debt management firm should be geared toward finding just the right company for you. Instructions 1 ...

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How to Consolidate Your Credit Bills

If you want to consolidate your credit card debt, you may choose a consolidation loan. Those who have defaulted on credit card payments and are in dire financial straits may qualify for a debt management plan. Both options consolidate your debt and allow you to make one monthly payment. You must be completely dedicated to paying off your debt and keeping it that way to find success with either. Instructions 1 Consider your options carefully. A consolidation loan uses collateral, such as your house, to secure funds that wipe out your credit...

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How to Get My Credit for Paying Child Support

Paying child support can be tricky. You want to support your child in a manner that is personable, not in a manner that seems like a business transaction. However, if the other parent alleges that you are not making child support payments, the courts may side with her. If the court charges you with failure to pay child support, it can result in wage and bank account garnishments. For that reason, you must treat the situation as a business matter to ensure that all of your contributions are recognized. Instructions 1 Require the other parent...

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When Does My Bankruptcy Expire?

Bankruptcy is a last resort for many individuals who are experiencing financial issues. Before an individual makes this very serious move to resolve financial problems, it is important to first understand all of the consequences, including how long it takes for a bankruptcy filing to expire from a credit report. What Is Bankruptcy ? When someone files for bankruptcy, he declares that he is officially unable to manage his debts. Bankruptcy proceedings, which are initiated in court, legally release the individual from all or some of his debts....

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What Is Debt Workout?

U.S. consumers owe more than $900 billion on their credit cards, with close to $70 billion of it past due, according to a March 2010 article on the Fort Gordon Signal website. With borrowers so far underwater, some creditors are offering debt workout plans as a means to collect that debt. Such a plan can help the defaulted borrower avoid bankruptcy and allow the creditor to receive at least some payment on the principal owed. Definition Debt...

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Does Using Prepaid Credit Cards Help Your Credit Score?

Some people who struggle to maintain a good credit history or who have experienced credit trouble in the past consider using so-called "prepaid" credit cards in an effort to help increase their credit scores. While prepaid cards can help you with non-cash purchases, they aren't credit cards at all, and most have little or no impact on your credit score. Credit Score When you request that a lender extend you credit, the lender wants to know whether you'll pay back the loan. To accomplish this, lenders look at your credit score, a number...

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Statute of Limitations on Debt Collection for a Credit Card in Georgia

A debt collector in Georgia faces a deadline for using the courts to enforce the debt, called the statute of limitations. The time limit set by the statute of limitations is specified in the Georgia Code and varies depending on how the debt was incurred. Prior to 2008, the applicable statute of limitations for credit card debt was uncertain due to variations among parts of the Georgia Code; however, rulings by the Georgia courts in 2008 indicate the limitation period for credit card debt is six years. Georgia Code The uncertainty regarding...

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Can You Consolidate Debt & Buy a Home?

When you take out a home loan, you are usually unable to receive extra funds to consolidate other debts. This is because your home loan is based on the home's value. If you would default on your loan, your lender must be able to recoup the money by selling the property. Under certain circumstances, however, you may be able to buy a home and consolidate. Do Not Currently Own a Home If you do not currently own a home, or do not have another...

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Statute of Limitations for California Debt Collection

If you have just received a threatening letter about an old debt, check the date of the debt before making a payment. All states, including California, have a statute of limitations on using the courts to collect a debt. Depending on the type of debt, you may no longer be legally obligated to pay it off, and a debt collector cannot legally threaten to sue you. Statute of Limitations According to legal publisher Nolo.com, a statute of limitations...

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How to Get Help Paying Doctor Bills

Medical expenses can pose a significant financial burden for those with no monetary means to immediately pay the bills. The inability to pay a doctor's bill may arise because an individual lost his job, is uninsured or was denied repayment by the insurance company. Regardless of the reason, many individuals find means of postponing payment or receiving assistance with covering the fees related to such medical expenses. Instructions 1 Review the documents issued by the medical institution and the insurance company if the insurance agency...

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Clearing & Settlement for Credit Cards

The Federal Trade Commission recommends debt settlement as an effective strategy for clearing credit card debt. Settling debt clears, or eliminates credit card debt and makes it possible to avoid the risk of bankruptcy. Settlement resolves delinquent credit card accounts for less than the full balance. Savings are often significant, with SmartMoney reporting savings of 20 to 70 percent off the original balance. Disadvantages Credit card companies will not consider accounts for settlement until they are considerably past due, and that presents...

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How to Do Debt Consolidation Without a Lawyer

By means of a debt consolidation, you can combine your debts into one, and reduce your number of creditors and monthly payments. Different options are available to merge your debts. And while some debtors seek advice or assistance from lawyers and other financial experts, it is possible to consolidate debts on your own. Before deciding on a debt consolidation option, it's wise to explore different alternatives and select the method that best suits your situation. Instructions 1 Talk to your credit card issuer about a balance transfer. As...

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Statute of Limitations of Debt Collection

Different jurisdictions have different statutes of limitations in the United States. Debt has to be written off after a certain period of time. Every state has a time frame within which debt can be collected or the debtor can be sued. If that expires, debt must be expunged from the collector's books. States allow a space of between two to 15 years for the collection of delinquent debt. The Statute of Limitations Debt collection is governed...

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Unsecured Debt Laws in Texas

If you live in Texas and are concerned about paying your unsecured debt, you should know about your rights and obligations under Texas Law. Texas residents are protected by federal and state fair debt collection laws. Texas also limits the steps that creditors can take to collect debtor judgments. Debt Collection Laws Texas residents are protected by two sets of laws that restrict the activities of third-party collection agencies: The Federal...

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How to Liquidate Debt

Many people dispute debts that they feel are unfair or unowed. But if you have a debt and you know that you owe it, then you should liquidate your debt. Liquidating your debt means that you acknowledge the debt is owed and then you pay it off. If a dispute occurs, a debt is no longer considered liquidated. You must know the entire amount of the debt for it to be considered liquidated and then sell your various assets to settle the debt. Instructions...

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Can Lottery Winnings Be Garnished to Pay Judgments?

When you owe money to a creditor, one of the strategies that it could use to collect is a wage garnishment. This involves taking money straight out of your paycheck before you ever see it. This process can be used not only with your wages but also with other income, including lottery winnings. Using a Judgment If you are concerned about losing part of your lottery winnings to a creditor through a garnishment, several factors will come into play. The creditor cannot just take part of your lottery winnings unless it has a judgment first....

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How to Attach Wages After a Judgment Is Won

A wage attachment, also called a wage garnishment, is a legal document that orders a debtor's employer to withhold a certain portion of his pay to satisfy a debt he owes. As a creditor, you must sue the debtor and win a judgment from the court before you can seek to garnish his wages. Legal entities, such as the state taxation department and the Internal Revenue Service, do not need a court order to garnish, but you must obtain one. Instructions 1 Find out if your state laws allow wage garnishments by contacting your local or county courthouse....

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How to Make Carecredit Payments

CreditCare is a credit service that allows you to fund medical procedures for your family and pets. Not all providers will allow all plans, but many plans will afford no interest for between six and 24 months. After 30 days, you will be required to make monthly payments and receive a statement each month. In addition to sending back the payment stub included in your statement with a check, you can also make online payments using the GE Money service....

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Does a Garnished Check for Child Support Affect Your Credit?

When a parent falls behind on child support, a local or state child support agency may initiate court-ordered wage garnishment of the parent's paychecks. The parent should understand how wage garnishment due to overdue support, also known as child support arrears, can affect the parent's credit history. The content of credit reports may affect the parent's efforts to buy property, open bank or credit accounts or even apply for work with a new employer....

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How to Get a Personal Loan With Bad Credit & Bankruptcy

After the global economic crisis that began in 2007, more people than ever before have not only bad credit but also bankruptcies and foreclosures on their records. Due to the prevalence of the hard economic circumstances, lenders have become more willing to work with people whose credit histories are far from perfect. With a little bit of time between you and the worst of your credit problems, you can obtain a personal loan if you can show you are...

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What Happens When You Can't Pay Your Bills?

Every month, most people take money out of their paychecks or other income sources and send it where it needs to go. Utilities, rent, car payments, mortgages and credit cards are just some of the bills the average person has each month. If for some reason you can't pay your bills, there are a number of things that can happen helpful and hurtful. Reminders The first thing that will happen when you can't pay your bills is a reminder or two....

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How to Stop an Automatic Checking Account Withdrawal

Payments taken out of your checking account can be very convenient and help you save time. Payments can be for an Internet provider, insurance premiums, car payment or a mortgage payment. These payments come out automatically on a specified date that is set up by you. If you want to cancel these automatic payments, you will need to go through a certain procedure. You will need to put in your request within a reasonable time frame. Instructions...

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How to Deal With Collection Agencies on a Nursing Home Bill for My Brother

Medical bills can mount quickly during an illness. If a medical provider -- such as a nursing home -- is not satisfied that it is being paid quickly enough, the bill may be turned over to a collection agency. "The New York Times" reported in 2006 that complaints had risen against debt collectors for "aggressive and sometimes unscrupulous tactics." By the end of that year, the Fair Debt Collection Practices Act had been signed into law, outlining...

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