If you feel like you are swimming in a sea of credit card debt, you are not alone. This fact probably will not make you feel any better, but the fact that you have lots of companies means that there are a variety of debt reduction strategies and debt consolidation services you can use to… Read More »

Debt Management Plans Debt Management Plans (DMP) are placed one step beyond credit counselling and a stone’s throw short of bankruptcy. If you are too deep into debt and unable to pay them, a credit counselling agency may recommend Debt Management Plans. This is a serious step that should be considered carefully along with better… Read More »

Many people struggle with the decision to file for bankruptcy. Usually, this is because they have misconceptions about bankruptcy in general. Bankruptcy is a legal way to level the playing field between an individual debtor and creditors. It is a legal proceeding that provides the debtor with a fresh start. The two types of bankruptcy… Read More »