Consumer Credit Counseling Companies

One of the most important things you must understand when you find yourself in the “debt trap.”  That is, what type of company are you dealing with?  There are two major types of companies in our industry.  One is called Debt Consolidation and the other is called Debt Reduction.  One works for you and one [...]

Debt Settlement & Taxes

Did you recently hear about Bill Gates, the President & CEO of Microsoft, one of the richest men in the world? He decided to give away all his shares of Microsoft and start working at a local car wash in Seattle, Washington area. When being interviewed on the television as to why he decided to [...]

Should You Borrow from Retirement Plan to Get Our of Debt?

I was recently asked a very interesting question that I did not know the answer to right off the top of my head. That questions was; “Should I borrow from my retirement accounts, such as my 401(k), IRA or my wife’s 403(b) to pay off your debt? These days approximately 85% of all employees with [...]