Tag Archives: debt

Debt Collection Procedures: What to Expect When Past Due

debt collection procedures

Falling behind on bills can be a major source of stress for individuals and families because of what can occur if they fail to reduce that debt in a timely manner. Collection agencies make a business of aggressively collecting on bad debts and are not afraid to hound their targets to the point of humiliation. However, collectors are bound by …

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Paying Off Debt Using the Debt Snowball Method

Over the last couple years we’ve managed to pay off thousands of dollars in debt, in a variety of forms. Initially, we set out on a path of paying off debt by working on the debt with the highest interest rate. That was, until I met Dave Ramsey at a Live Event and he forever changed the way I thought …

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Getting Out of Debt: Taking Inventory

Most of us have sat around on a lazy afternoon and day dreamed about getting out of debt. We imagine a debt-free budget, tons of disposable income and the freedom only debt freedom can bring. Unfortunately, few of us actually take action on those dreams, for one reason or another. It’s too hard. It will take too long. I don’t …

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