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Debt Consolidation and Personal Finances: Learn the Truth!


An inability to manage credit, growing debt and bankruptcy are all major problems today. On an average day, over 8,000 people file bankruptcy in the United States alone. The Internet is rife with companies that promise help and salvation; to the uninitiated, their words and assurances prey upon those wanting a painless solution.

The January post-holiday credit card bills are often the proverbial straw that breaks the camel's back, where families now have to face the problem of how to pay for the holiday gifts and celebrations without sliding further into debt.

Avoiding these problems, and recovering from overwhelming debt, are what Real Life Debt.com is all about: it's a resource site that's dedicated to helping you learn about your options with credit card debt, debit cards, debt management, debt counseling, privacy, deciding about bankruptcy (and the different types of bankruptcy), and more.

Founder Dave Taylor explains "As a private, independent initiative, we're sure that you'll find Real Life Debt.com to be an excellent resource for understanding and managing your own financial issues. To ensure accuracy, the materials on this site are all from the United States government: one goal of Real-Life-Debt.com is to help people find the excellent material produced by the Federal Trade Commission, Federal Reserve, Consumer Information Center, and similar organizations."

In addition, Real Life Debt also features a weblog (a "blog") with postings from different individuals who share their own challenges managing their personal finances, including bankruptcy, credit card penalties, and much more.

Real Life Debt is an unbiased source of credit card, debt management, privacy and bankruptcy information, without commercial sponsors or a sales pitch. To ensure accuracy, much of the material is from U.S. government sites.

Dave Taylor has been involved with the Internet since 1980. He's written sixteen technical and business books including the best-selling "Creating Cool Web Sites", and his most recent projects are startup 101 info and Ask Dave Taylor.


MORE RESOURCES:

Guest opinion: Mortgage Debt Relief Act of 2007 to expire; act now
The News-Press
Homeowners faced with the loss of their home need to take positive steps to avoid severe income tax liability due to the looming expiration of the Mortgage Debt Relief Act of 2007. The MDRA was enacted with bipartisan support and signed into law by ...



Guyana benefits from more debt relief
Caribbean360.com
GEORGETOWN, Guyana, Monday May 21, 2012 – The final US$280000 (GUY$55 million) of a debt owed by Guyana to Russia dating back to when that European country was part of the former Soviet Union will be cancelled. This gesture of debt forgiveness was ...

and more »


Guide to Debt Relief Orders (DROs)
Think Money
A DRO (Debt Relief Order) is basically an alternative to bankruptcy for people who can't afford the fees. The up-front fees associated with bankruptcy can total up to £700, whereas DROs only require a one-off application fee of £90.

and more »


How long does a Debt Relief Order (DRO) last?
Think Money
Once you are accepted onto a DRO (Debt Relief Order), you will be given a one-year 'moratorium' on your unsecured debts. That means for one year, you will not have to repay your debts, your debts will not accrue any interest or charges, and you will be ...



DebtConsolidation.com Helps Over 100000 Consumers Choose the Best Debt ...
MarketWatch (press release)
NEW YORK, NY, May 21, 2012 (MARKETWIRE via COMTEX) -- DebtConsolidation.com, the top-ranking debt consolidation company, today announced that the company, in conjunction with quality debt relief companies, has helped over 100000 consumers deal ...
Will consumers take on personal credit card debt to make business purchases?Debtmerica Relief
Growing Blog by Mel Thompson Is for Consumers Looking for Relief from Debt ...SBWire (press release)

all 6 news articles »


National Debt Relief Programs Provide Real Answers to Credit Card Debt Problems
MarketWatch (press release)
Credit card debt relief professionals can help debtors protect their rights and start negotiations with the banks directly to get out of debt. National Relief professionals will engage in skillful negotiation to protect consumer rights and reduce debt ...

and more »


Think Money

Can I get a DRO if I have a mortgage?
Think Money
When it comes to DROs (Debt Relief Orders), however, you're very unlikely to qualify for one if you have a mortgage (which means you own / jointly own property). Why can't I start a DRO if I have a mortgage? A DRO is an alternative to bankruptcy that ...



Debtconsolidation.com Affirms Its Lead in Providing Credit Card Debt Relief ...
PR Web (press release)
Debtconsolidation.com revitalizes its aim of partnering clients with reputable debt relief organizations that can help them get their financial obligations back on track. Debt management and credit counseling resource Debtconsolidation.com reports that ...

and more »


IBNLive.com

Finance minister Pranab Mukherjee hints at debt relief for three states, not ...
Times of India
A TV grab of Union finance minister Pranab Mukherjee speaking in the Rajya Sabha in New Delhi on May 16, 2012. NEW DELHI: Amid pressure from Trinamool Congress chief Mamata Banerjee, finance minister Pranab Mukherjee on Wednesday indicated that he ...
Buck stops with FM, but not the humbled rupeeDaily News & Analysis
Pranab Mukherjee claims India is still going strongNewstrack India

all 262 news articles »


Debt Relief: Is Debt Relief Scam or Does it Really Work?
PressPort.co.uk (press release)
Many companies claim to easily be able to eliminate your debt, however when searching for debt relief it is essential you choose a reputable agency. In recent years debt has become an increasingly large problem in many developed countries, ...


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