marthamattin13's Space http://marthamattin13.posterous.com Most recent posts at marthamattin13's Space posterous.com Thu, 27 Sep 2012 15:34:00 -0700 Advice On People Considering Filing Personal Bankruptcy http://marthamattin13.posterous.com/advice-on-people-considering-filing-personal http://marthamattin13.posterous.com/advice-on-people-considering-filing-personal Though making the choice to file bankruptcy is never easy, it is often essential. The more you educate and prepare yourself for the bankruptcy process, the better prepared you will be to handle it. Continue reading for good advice from others that have filed for bankruptcy themselves.

If you're considering filing for bankruptcy, it is critical that you assess what events and behaviors brought you to this point. Unexpected medical bills is one thing, but blowing money on shopping is another. If you have trouble overspending, you might want to find help or you will find yourself in this situation again.

Certain attorneys offer a phone service that creditors are directed to when they want to speak with you about debts you may owe. Give your creditors your lawyer's number and they will get a confirmation that you do not owe them anything. This will put an end to annoying phone calls from collectors.

In order to properly assist you with a bankruptcy filing, your lawyer needs to know about every significant debt that you currently have. Although this would mean that you would be telling him information regarding credit card companies, lenders and hospitals, it also means that you would tell him any information about you owing money to friends and families.

Most people that file for bankruptcy owe a lot of money that they could not pay off. If this is happening to you, then learn about the laws where you live. When it comes to bankruptcy, states have varying laws. In some states, your home is protected, while in others it is not. It is important to understand the laws in your state before filing for bankruptcy.

Before you decide to file for Chapter 7 bankruptcy, consider how it could affect other people on your credit accounts, such as family members or business partners. Once you have filed Chapter 7, you, by law, are not responsible for any of your debts that also include your co-debtor. But, creditors will ask for the money from your co-debtor.

Keep yourself focused on everything your attorney does while going through personal bankruptcy. It is important to keep informed, so don't be afraid to call and ask any questions you may have. It is not impossible for a busy firm to make mistakes occasionally. Even if they won't admit it, attorneys are not infallible.

Try and get a second job. Rather than filing a bankruptcy petition, speak with your creditors and let them know you want to make gradual payments over time. Your creditors will likely be willing to accommodate you, freeing you from the need to declare bankruptcy.

Do not give up hope. Bankruptcy might help you get back things you thought you'd lost and had repossessed, such as electronics, vehicles and jewelry. If you have property repossessed less than ninety days prior to filing your bankruptcy, you may be able to get it back. Consult with a lawyer that can walk you through the filing process.

If you decide you need to file bankruptcy, it is important that you have helpful advice. Your process will be much simpler if you have a large knowledge base. This article has provided much of that information, so that you can approach your finances in a less stressed state of mind.


check my credit score

Permalink | Leave a comment  »

]]>
http://posterous.com/images/profile/missing-user-75.png http://posterous.com/users/n4oi3sTNkar0e marthamattin13 marthamattin13
Mon, 24 Sep 2012 15:16:00 -0700 Get The Credit That You Need Today With These Tips. http://marthamattin13.posterous.com/get-the-credit-that-you-need-today-with-these http://marthamattin13.posterous.com/get-the-credit-that-you-need-today-with-these Is your credit terrible? The following advice will help in the path to getting your credit back on track.

Many credit card companies are willing to help customers by eliminated late fees or lowering monthly payment amounts. By doing this, you will keep your credit from getting worse by making sure that your debt does not increase. You can accomplish this by simply calling and asking them to change payment terms, like your interest rate or your billing date.

Close all your credit cards except for one as a means of repairing your credit. Transferring multiple balances to one single card is a way to gain control of your finances. This can help you avoid paying down smaller balances and focus on paying one card off.

Repairing your credit isn't something you can do overnight, but the best way to fix it is to slowly raise it back up. Utilizing prepaid credit cards allows you to improve your credit score with no concerns about late payments or negative information ruining your credit report. This helps prove to lenders that you're credit worthy and responsible.

Investigate debt consolidation programs to see if their services can help you improve your credit rating. Many times, consolidation is one of the best and fastest ways you can bring down your debt and improve your credit. Consolidation combines several debts into one so that you are responsible for making only one payment. Do your homework before you decide on consolidation to make sure it is the right choice for you.

One excellent way to get your credit score back up is to close all your credit cards except for one. It is important to make small payments or transfer a balance to the open account. You can pay down one credit card in full, rather than chipping away at many.

Debt consolidation programs can really help you rebuild your bad credit. You will have an easier time of budgeting and tracking your spending, if you pull your debts together into a single monthly payment. You can improve your credit rating by paying your bills on time.

Debt collection agencies can be the most stressful part of a bad credit crisis. You can submit a cease and desist statement to a creditor to stop harassment. Even though these letters will stop the phone calls from collection agencies, the individual is still responsible for paying the disputed debt.

Start living within your means. You need to change your way of thinking in this regard. In years past, many people relied on credit cards to make major purchases, but now those risky financial choices are catching up with them. It is important to look closely at your finances and see what you can actually afford and what you can not.

Credit counseling can be a wonderful asset to repairing your credit. A credit counselor can show you how to combine, reduce and repay your debt, while still managing to meet all of your monthly financial needs. You will have to be willing to get rid of your credit cards, and make a payment to each creditor each month.

No credit repair company can remove factual information, no matter how damaging, from your credit report. Negative entries on your record stick around for a term of seven years at a minimum, even if you take care of the debts involved. It is possible, however, to remove errant information.

Why would you wait until tomorrow to make changes that could be done today? You could easily use the tips that have been provided to better your credit score. Don't let your credit score ruin your life; instead use this information to begin repairing the damage.


great credit score

Permalink | Leave a comment  »

]]>
http://posterous.com/images/profile/missing-user-75.png http://posterous.com/users/n4oi3sTNkar0e marthamattin13 marthamattin13
Fri, 21 Sep 2012 14:54:00 -0700 Use These Tips To Keep Your Finances In Check http://marthamattin13.posterous.com/use-these-tips-to-keep-your-finances-in-check http://marthamattin13.posterous.com/use-these-tips-to-keep-your-finances-in-check Finances can go bad quickly if you don't carefully watch them. If this describes you, it's imperative that you gain the knowledge to help you return your financial situation to normal. You will find out how to organize your finances with the information in this article.

Let your friends know about your current financial situation. By being honest about your financial situation you do not have to feel guilty about saying no if they invite you to dinner and you cannot afford to go. If you are not firm with others, they may continue to push you into spending more than you should. Keep your friends, just let them know what is going on in your life.

You may not believe this, but it is true. If you buy a house, you may be able to save quite a bit of money. Of course, you must pay your bills and your mortgage monthly; however, once your home is paid for, your payments will be done and you have the home as equity. When you rent, you are just spending money for a property you will never actually own.

If the timing is not good for you, then do not sell. Leave your stocks alone if you're earning money on them. Try to look what stock you have and move them around to better suit you.

Thrift stores are not only for the poor like many people believe. Save money while finding items you like, including furniture or books at a thrift store near you. Your kids might even have fun shopping at a thrift store for unusual items they can call their own. Go shopping early to find the best deals and lots of variety!

Credit card balances play a big role in your FICO score. The larger you let your balance get, the more your score will go down. As you start to reduce your balance, your score will rise. Reducing your total amount of credit can play an integral role in improving your financial position.

By practicing patience in your personal finances, you can save a significant amount of money. People clamor to buy the newest electronics without even thinking about the cost. For instance, you can save a lot of electronics by waiting for the price to drop. You can use the money you saved on other, more useful items.

You should avoid unnecessary debt. It's usually necessary to take out a loan for big-ticket, essential items, such as a car or a house. However, you would be ill-advised to rely on credit cards for your daily expenses.

Instead of buying popular name brands, buy the cheaper store brand. A large part of the brand name price tag stems from the cost to advertise and market those products. You will find many quality products not advertised on TV if you shop around. Often, the generic brand will maintain the same quality as the higher end brand.

With this recession, having multiple spending avenues makes sense. You may place money in savings accounts, checking accounts, stock investments, high-yield accounts or gold investments. Apply any or all of these ideas to save your money.

Learn financial lessons from your past mistakes. Get out of your current situation if it is not a good one, and learn from your mistakes. If your salary was crappy because you didn't negotiate enough, then negotiate like a pit bull next time you get a new job. When it comes to personal finances, any lesson learned can be valuable. If you've made financial mistakes in the past, use them as learning experiences to improve your future decisions.

Looking on the Internet is a great way to find coupons deals that wouldn't normally be available in areas such as in store or in a newspaper. If you want to save money and be in a better financial state, online coupons can save you a lot of money.

As was previously mentioned at the top of this article, when you have a family, it is especially important that you make intelligent personal financial decisions. Create an intelligent, well thought-out budget to help you get the most out of the money you make and avoid falling into debt.


good credit score range

Permalink | Leave a comment  »

]]>
http://posterous.com/images/profile/missing-user-75.png http://posterous.com/users/n4oi3sTNkar0e marthamattin13 marthamattin13
Sun, 16 Sep 2012 14:49:00 -0700 Good Tips On How To Manage Your Credit Cards http://marthamattin13.posterous.com/good-tips-on-how-to-manage-your-credit-cards http://marthamattin13.posterous.com/good-tips-on-how-to-manage-your-credit-cards A credit card is a great way to build a credit score as well as helping someone manage their money. Being aware of how credit cards work is important and helps people to learn to make good financial choices. This article gives some basic tips of what to do when you have a credit card. It will help you make wise choices and avoid credit trouble.

If you want to maintain your credit accounts, use them on a regular basis. If you have an unprofitable and inactive account, your credit card provider has the right to eliminate your account with minimal warning. Try using credit cards for things that you have money for, then pay them off right away.

Stop using a credit card if your bills become too much to handle. Otherwise, it is likely that credit card debt will overwhelm you. Credit cards are used to pay everyday expenses and the interest ends up forcing them into bankruptcy. This is credit card abuse, and this is something you should avoid at all costs.

Be watchful of your card transactions. You can also get mobile alerts. This will allow you to instantly be aware of any irregular activity happening on your card. If you are aware of suspicious account activity, call the authorities immediately.

Sign each credit card as soon as you receive it, as most people don't do this, which makes stolen cards very easy to use. A lot of stores have the cashiers make sure that the signature on the card matches the one on the receipt.

Open and go over everything that is sent to your mail or email about your card whenever you get it. Credit card companies can make changes to annual fees, interest rates and membership fees by advising you in writing. If you do not agree with the changes, it is your right to cancel the credit card.

Managing your credit with a credit card can be considered a privilege, not something you have a right to have. Good credit goes hand-in-hand with smart credit card use. Responsible credit card owners pay their credit card bill each month and track every charge.

Never let anyone else use a credit card that is in your name. Even if it's a good friend that needs something badly, it's not smart just to lend a card out. Lending out a credit card can have negative results if someone charges over the limit and can hurt your credit score.

Never under any circumstances pay one credit card with another credit card. Some people use cash advances to help them buy some time when they have an emergency. However, the fees and interest rates that are incurred by doing this is simply creating a larger emergency disaster in the following month.

In terms of a retail store's credit options, you should never get a card with them unless you're a loyal, regular customer. When retail stores put in an inquiry on your credit to qualify you for a card, it gets recorded on your credit report whether you open the card or not. If you have too many inquiries from stores, this can negatively affect your credit score.

When used the correct way, credit cards have many benefits. Credit cards can help in an emergency or offer rewards. So, take the knowledge you have gained from this article and use it to manage your credit cards sensibly, and responsibly.


credit score range good excellent

Permalink | Leave a comment  »

]]>
http://posterous.com/images/profile/missing-user-75.png http://posterous.com/users/n4oi3sTNkar0e marthamattin13 marthamattin13