Debt Negotiation and Settlement – How Stimulus Money Aids Consumers With Debt Settlement

USA is facing dark times with the economic crisis and other economic issues. Obama is trying to fix the problems by supporting the stimulus money plan. Stimulus money come from government founds and are used to provide help to consumers in debt which for various reasons can’t afford to pay their loan back alone. Before the economic crisis hit, a lot of consumers needed loans and so they took loans in the hope that they will be able to pay them back. The large number of loans given by the banks caused major problems when there weren’t enough real money. This caused for a mass increase in interest rates and penalties and the consumers were forced to pay back more than what they borrowed. Most of them couldn’t afford to do so and so they filled for bankruptcy which only made the situation even worse for the rest of the citizens. With a large number of consumers still in debt and bankruptcy not being a real option any more, the government was forced to provide help and so stimulus money was introduced. Stimulus money is given to the major credit card companies to cover any losses that might appear when they accept to reduce the debt of their clients which use debt settlement.

Debt settlement or debt negotiation will reduce your unsecured debt by a large percentage after talking with the creditor and making them see that you are unable to afford the whole amount. Rather than letting you file for bankruptcy, a creditor is more likely to accept the negotiations and reduce your debt by 50-60%. It is better to get some money back from consumers and some from stimulus money rather than letting the consumers file for bankruptcy and not get anything from the loan.

Not only does stimulus funds help consumers in the battle with debt by making the creditors more likely to accept negotiations but also you don’t have to pay taxes for the reduced amount even if it counts as an income.

Debt negotiation is the best use of stimulus money and can aid consumers in their problem with debt.

Unique Anniversary Gifts – Learn to Stay Away From Traditional Anniversary Presents

Year in and year out I have seen people flip through the pages of a gift book, looking for unique anniversary gifts. I have some bad news people, you just are not going to find it in there. Those are for the traditional anniversary presents, and you really need to learn to stay away from them.

First off, traditional anniversary presents are tacky, and boring to the point of uninspired. Those magazines you flip through are designed to have simple gifts, for the simple giver. They could blindly pick something out, give the gift, and move on with their hum drum lives.

If this is you, then here are a few reason why you need to learn to stay away from traditional anniversary presents:

- it might be re-gifted. You might even get it back. I’ve seen it happen, so don’t say it won’t happen to you.

- getting the pained look of fake joy on their faces as they think of how to get rid of this thing as fast as possible.

- finding it in the garbage, and either having to ask them about it, or knowing it’s there, and leaving it at that.

- asking them about how they liked the gift, either a bizarre story about how it was lost or borken, or how they love using it, and then telling you a story about it, and you realize they don’t even remember what you got them.

Those are only 4 possibilities on what might happen if you try to give them something from a cold, lifeless book. Didn’t you ever wish someone else would find something unique for you? I know you do, I feel the same way. Why would they, if you won’t? That is the question you really have to ask yourself.

So now that you’ve learned to stay away from traditional anniversary presents, and to buy only unique anniversary gifts, the next thing you need to know is where to find them. That’s easy, look for a professionally, hand crafted, artisan product. You will not find anything more unique anywhere else. Since it is handcrafted, it can never really, truly be replicated. Think about it, wouldn’t you want a unique gift?

Ways to Negotiate Credit Card Debt and Avoid Bankruptcy With Credit Card Debt Negotiation

If you feel that settling your debt is already bordering on the impossible, credit card debt negotiation is your next best option. Creditors are always after the assurance of payment. The tendency of people with debts is to shy away and neglect all the notices. This non-action forces credit card companies to send more letters and give you calls that unfortunately strain you psychologically and border on harassment. Apart from that, non-payment means additional penalties or late charges. The longer you ignore these notices, the deeper you’ll be sucked into financial hell. Debt negotiation is a way out of the stress of your situation.
What is Debt Negotiation.

Debt negotiation (also referred to as “debt settlement”) is the time-tested, foolproof method of clearing up those acquired collection accounts. With a debt settlement attorney as facilitator, you can forget about declaring bankruptcy and look forward on getting back on the right financial track. (Plus, you will also be safe from the threats of credit card lawsuits!)

Although declaring bankruptcy seems to be the best way out when your accounts get unmanageable, bankruptcy also carries a lot of disadvantages. It may be relatively easy to justify, but bankruptcy can burden for the rest of your life, and your financial life for at least the next seven years. It also entails a lot of legal documentation which becomes a matter of public record forever.

Three Reasons Why Debt Settlement is Your Best Option:

1. It requires little work on your part. Find a reputable debt settlement lawyer and your debt problems are as good as solved. The debt settlement attorneys will do all the talking and negotiation for you. They may even tell your creditors that you are seriously considering bankruptcy and may not have the necessary amount of money to pay off all your debts given the limited finances at your disposal.

Your chosen debt negotiator will be your representation, which means you will be saving yourself from the burden of receiving those endless letters and scary phone calls. Someone else will negotiate on your part, and you can have your peace of mind that the job is done correctly and within the law.

2. It will force your lenders to rethink about their options.Most credit card companies are owned by banks. When you are suddenly unable to pay your balance, they will be concerned with your ability to pay off the debt. Credit cards, classified under unsecured loans, are not backed by collateral. They generally do not have the power to use your other assets as mortgage and they are simply holding on to your promise of paying. Banks are aware that if you declare bankruptcy, there will be a large possibility that the entire balance of your credit account will be wiped out. Not receiving any sum of payment is the worst-case scenario for any credit card company. A company doing negotiation on your part will give your creditors the assurance they need. Creditors will more likely settle or adjust the terms of payments, than not receive any amount of payment at all. This means that you can reduce your debt to as much as 60-70%, eliminating all those overwhelming penalties and other unnecessary charges.

3. It will save you precious time and valuable money. With the debt settlement attorney doing the negotiation, you can save your self from spending gruelling hours worrying about how you can pay off your creditors. With the credit card company’s eventual change of priorities, you are likely to remove almost all the unnecessary interest and overdue fees from what they are trying to charge you to settle the account.