- Debt is NOT a four-letter word.
- It is O.K. to talk about debt. Trust us, we understand.
- If you are drowning in debt, we are your life-preserver.
- Debt can overwhelm ANYBODY. We are not here to judge, we are here to help.
- Bankruptcy is ONLY a last-resort option. We provide a bankruptcy alternative
- October 28, 2009
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- July 27, 2009
- July 21, 2009
- July 14, 2009
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- July 7, 2009
- June 26, 2009
- June 25, 2009
DebtBusters announces new Payday Loan Program
DebtBusters annouced today that they have officially started handling Payday Loan negotiations.
"Or negotiators are able to save our clients hundreds, if not thousands of dollars", said David Fishman, President of DebtBusters.
For more information regarding the new DebtBuster Payday Loan program
Click Here...
The DebtBuster Corporation Announced as Finalist for Small Business of the Year
"The DebtBuster Corporation (DebtBusters), the nations most trusted debt settlement firm,
announced today that it has been recognized as one of three finalists in the Las Vegas Chamber of Commerce Small Business
of the Year competition. Small Business of the Year, awarded as part of the LVCC Annual Biz-E's honors a for-profit
venture with 50 or fewer employees, demonstrates commitment to community stewardship and is active in the business
community of Southern Nevada."
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Card companies ready to settle up
"Credit card defaults reached a record of more than 10 percent in May,
meaning about 10 percent of outstanding balances are deemed uncollectable,
according to the Nilson Report, which follows the industry."
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When settling credit card debt, watch out for scams
"Debt-settlement companies typically try to negotiate with credit card companies
to reduce the amount you owe. Rising unemployment has led to a sharp increase in
the number of consumers who are behind on their payments, creating a receptive audience
for their services. But like a weight-loss product that causes you to gain 10 pounds,
some of these programs could leave you even deeper in debt."
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More in US say debt is causing them less stress
"Unemployment is rising. Nest eggs are in tatters. Home values have tanked. And yet
surprisingly, Americans are feeling less stress from debt these days. Chalk it up
to the power of positive thinking combined with people saving more, spending less,
and trimming debt to cope with the recession."
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Stress tests on debt-laden consumers would still show plenty to worry about
"Debt is at high levels - 130 percent of disposable income. A slide in net wealth has
reduced the collateral Americans can draw upon for emergency loans. It is now harder
to borrow money for new consumption or to roll over existing debt."
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U.S. debt shrinking at glacial pace
"Eighteen months into a deep recession triggered by a credit bubble,
consumers have made little progress shrinking a mountain of debt.
Until they do, the economy will struggle to grow... likely for years."
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Even Celebrities have Debt...
"...after selling more than 61 million albums in the U.S. and having a decade-long
attraction open at Disney theme parks, the "King of Pop" died Thursday at age 50 reportedly
awash in about $400 million in debt..."
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BYU study: States see more bankruptcies where laws make it easier to seize wages
"Some states have laws that make it more difficult for creditors to
go after a delinquent debtor's paycheck," Lefgren said.
"And those states tend to have lower bankruptcy rates than
those [states such as Utah] where it is easier for creditors
to garnish wages."
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