Can I do a debt magagement program?

Who is eligible for the debt management program?

You are likely eligible for the debt management plan if you are experiencing the following financial warning signs:
1. You are currently behind or have been behind on any of your payments in the recent past.

2. You are only able to pay the minimum payments on your accounts each month.

3. You anticipate a change in your financial situation that may make it difficult for you to make payments on your obligations in the future.

In order to determine your eligibility for debt consolidation you can fill out an online budget and application form or contact a CCMS credit counselor at 1-888-572-DEBT. A CCMS credit counselor will review your budget information with you to determine the best course of action in improving your financial situation. All counseling consultations are free and strictly confidential.

Caveat Emptor

Consumers routinely purchase goods and services and want to save money in the process. Unfortunately, many times the item which saves money costs more money in the long run. A car advertised for under $10,000 in its first model year may cost thousands of dollars in repairs whereas a quality automobile for $12,000 can cost less in the long run.

Saving money requires doing your homework to first decide if you need the product or service and, if you decide you must have it, finding out which provider meets your requirements and still saves you money.

Two famous truisms come to mind when trying to save money: first” You get what you pay for” and “If it seems too good to be true, it probably is”. Many consumers try to save money just to end up paying more in the long run. The Latin term ‘caveat emptor’ means buyer beware – more good advice!

Divorcing? What about your Health Insurance?

Make sure you contact your health insurance company and have your ex spouse taken off the coverage...and then ask for a re-issuance with new numbers and new cards. Why? Your ex-spouse could easily use their old health insurance card and have all claims sent to you.

Should You File For Bankruptcy?

Should I File Bankruptcy?

There’s no magic formula for deciding when bankruptcy is the right choice.

It’s an option you might consider if you:

Are paying only minimum amounts on your bills
Can’t budget yourself out of debt within five years
Are getting notices that your mortgage or loans are being foreclosed
Have had a severe financial setback, such as losing your job or a major client, a divorce or a costly illness.

We can help you figure this all out and talk to you about all of your options.

Contact us today at www.debthelper.com