Jump To Navigation

Posts tagged "Debt relief"

Strategies for tackling credit card debts

Credit cards can easily get people into overwhelming debt. This is because those with a reasonably good credit score can acquire multiple credit cards very easily. It can be so tempting to use credit cards to make purchases, even when you do not have to funds to pay the debt back at the end of the month. If the minimum payments are not made, interest can start to add up very quickly.

Can debt relief improve my mental functioning?

Being in significant debt can feel debilitating. Many people who are struggling financially may feel that they are in a vicious cycle because their expenses amount to more than the income that they can earn. Many people in this situation decide to ignore the problem and instead keep using credit cards. Unfortunately, they always have to face up to the debt that they acquired eventually.

Avoid these mistakes when seeking relief from debt

Those who are facing significant debts can start to feel a sense of desperation and stress. In desperate situations, we do not always act logically. Instead, it's common for people to take impulsive actions that seem to be the quickest fix. Unfortunately, these impulsive actions taken in a desperate state can lead to further financial issues in the long run.

The pros and cons of debt consolidation

The process of getting into debt can become a vicious cycle. You may lose track of all of the debts you have incurred, and therefore, you will probably feel out of control and powerless to improve your situation. While many in this position consider filing for bankruptcy, debt consolidation can be a good strategy depending on the situation.

Debt relief options that you may not have considered

Although debt-related problems can seem complicated and overwhelming, the underlying problem always essentially points to one simple equation: your financial incomings minus your financial outgoings. Developing a healthy cash flow is essential to tackling debt.

Taking control of your debts in 2019

It can be so easy to turn away from the truth regarding your financial situation. However, the more that you ignore your financial troubles, the more debt you are likely to acquire. It is important, therefore, that you get a clear view of the extent of your debts so that you can start to put strategies in place in order to tackle these debts.

Standing up for my rights as a debtor

If you are struggling with debts in the state of Washington, it is likely that you will be subject to a significant amount of communication from creditors and debt collectors. It is true that creditors do have certain rights to attempt to gain back assets that they are owed. However, they can be guilty of crossing a line when they start to harass debtors.

Contact Form

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Contact Information

Law Office of Ruth Nelson
7742 14th Avenue NW
Seattle, WA 98117
Phone: 206-633-2517
Map and Directions

Privacy Policy | Business Development Solutions by FindLaw, part of Thomson Reuters.