Divorce And Bankruptcy- Making The Best Of A Stressful Situation

Posted May 24, 2010 – 12:33 pm in: Debt Consolidation

Divorce, in addition to bankruptcy can bring serious problems to the table for those involved in the situation. When a married couple who no longer wishes to remain together have debts piling up and are heading for divorce, bankruptcy might be one way to sort out the financial issues. Bankruptcy has the capacity to be filed by just one spouse, or jointly. The effects of bankruptcy on divorce proceedings? Abrupt at best. An automatic stay will put an end to all activities on divorce proceedings.

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Collection Industry Tries A Different Approach In A Rough Economy

Posted April 13, 2010 – 9:33 am in: Debt Consolidation

The debt collection industry’s techniques might be taking a turn for the….better? Bearing in mind the number of recent lawsuits against bill collectors, ACA International, the largest trade group of professional creditors and collectors, alleges more and more collection companies are working towards training collectors to take a more of an empathetic position.

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