One of the primary responsibilities of the Federal Trade Commission (FTC) is to protect U.S. consumers from predatory advertising. This federal office has previously issued public notices warning Americans of credit repair or debt relief service scams. It's in those statements that the FTC has tried to impart some practical advice aimed at helping consumers from falling victim to such predatory practices.
Just like someone can get addicted to alcohol or gambling, did you know that you can get addicted to shopping? It gives you some of the same sense of gratification, and many people do it in order to cope with stress or emotional issues in their lives.
Insurmountable debt is a huge problem for many Ohio residents. Unfortunately, a large number of unscrupulous individuals are poised to take advantage of those looking to get a handle on their debt. Debt relief scams victimize uncountable state residents each year, leaving them even more devastated than they already were.
Medical debt is one of the leading reasons that individuals end up filing for bankruptcy here in Ohio and elsewhere in the country. This doesn't have to be the only result if you incur unexpected medical expenses though. There may be other options that you can pursue that won't ravage your credit as much and allow you to keep a hold on your possessions.
Debt has a way of making people feel like failures when they're in it. But there are a lot of reasons that someone may face a debt they cannot pay in the allotted time. It is often because someone made the attempt to improve oneself or one's business and things did not go as planned.
If your company is struggling to stay afloat because its leadership has made bad investment choices, then you may have discovered that there are a variety of debt relief options that are available to you aimed at helping you get things back on track once again. One option that has discovered that may aid you in making your debt more manageable is filing for Chapter 11 business "reorganization" bankruptcy.
Many of us have been there, overwhelmed by mounting piles of debts we are unable to pay down. It can be daunting to realize that you have few alternatives left to help you climb out of the financial pit.
It often seems that the worst tends to come out in people when others are emotionally raw or financially exposed. This is how some individuals get pulled into debt consolidation scams.
Even if you have health insurance, a serious illness or an accident that leaves you with injuries can cause your medical bills to pile up – and fast – when you consider deductibles, co-payments and co-insurance. You can't afford to pay those bills, especially if you lost income while dealing with the illness or injury.
The phone rings and the robocaller on the other end tells you just what you want to hear: Your student loans could qualify you for a debt forgiveness program and to take advantage, call this number back right away for the details.