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Posts tagged "repayment plan"

Can your old accounts come back to haunt you during debt relief?

Have you ever had an old debt that you simply could not pay -- and you forgot about it or just left it alone? A surprising number of Washington residents find themselves in just this situation, with debt that is years old still floating around on their credit report. In some cases, the debt is so old that creditors do not even attempt to collect since a statute of limitations has passed. However, some people seeking debt relief may find that these unpaid accounts come back to haunt them.

Former Nickelodeon star Drake Bell seeks debt relief

One might think that a child star who earns a high salary might be financially secure for life. However, younger actors who find themselves flush with cash can still end up suffering financial hardships that require debt relief, just like those of us who are not celebrities. A prime example of this situation involves the news that a former Nickelodeon star is seeking bankruptcy protection in connection with his own financial woes.

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