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TrustmanArchives

Sep

24

Are you aware of the benefits of debt management plan?

Debt management plan can be beneficial for you if you’re struggling to keep up with your monthly payment. The credit counselors associated with the debt management companies can help to negotiate with the creditors to lower the monthly payment. The counselor may determine a budget plan after reviewing your financial situation. He may conduct a credit

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Aug

23

Pay Debt through Chapter 7 Bankruptcy

If you are struggling to make your ends meet as your monthly repayments are relatively higher than your disposable income, chapter 7 bankruptcy can help you out. Although the chapter 7 bankruptcy laws were tightened in 2005 to prevent abuse and there are new restrictions on filing, it is still possible for most people to

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Aug

23

Debt collection practice in California

From the year 1977 California had certain laws that protected the interest of consumers from unethical practices of unscrupulous debt collectors. Rosenthal Act was initiated in 1977 which is now strengthening Fair Debt Collection Practices Act in California. These laws regulate the methodologies of both original and secondary debt collection practices. They lay down strict instruction and

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Jun

17

DEBT COLLECTION BUSINESS INDIA

The debt collection business is a relatively new concept in India. Like many modern tools, this business was also introduced to India by foreign businesses who came to India in horde in early 90’s and brought with them myriad modern tools, practices and systems. Like other sectors, banking also witnessed a large scale foreign firms

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