Fleet Vehicle Repossession

June 5, 2012 · Posted in Finance · Comment 

When a contract with an employee ends then usually items like company cars are returned to businesses for use by the person taking the role on next. Sadly this is not always the case. Its a big part of the service that debt collection agencies can carry out for a clientRunning a company and keeping track of your debtors can be quite a difficult task. Employing an entire staff to run an in-house debt collections unit can very expensive. The best way to recover your debts is by hiring a debt recovery agency to make collections from your debtors on your behalf. Since they specialize in the service, their services will cost you much less than what you would pay your in-house solicitors and debt collectors. It is best to leave the job to the experts.

Even if you are planning to hire a debt recovery agency to collect debts for you, do not leave it to the last minute thinking it to be an easy task for the collections agency. They are undoubtedly efficient in their services, but the more you delay in hiring a debt recovery agency, the longer it will take to recover the debt. Old debts are tougher to recover because a lot of developments may have taken place, such as the debtor moving to another place. Getting all the latest data and following it up with collection procedures can all take time.

If you wish to run your company without a hitch, it is important that you have all your debts collected in time. By hiring a debt collection agency, you ensure that all collections are made in a timely manner and with the consent of the debtor. A debt collections agency uses every possible legal solution to recover debts for its clients and they have had successful records of debt collections, which offer you surety of your debt being collected too. Most of the debt collection companies such as Premium collections only charge you when they have made a recovery.

There are times that debt collection agencies are left with no other option for the recovery of debt, but for litigation. Litigation is avoided as much as possible, but if a debtor will not pay up by any means, then they cannot do anything but make the recovery through the court of law. Litigation can be quite unpleasant, but creditors who use debt recovery agencies to make collections for them, are never involved directly in the case, so they do not have to physically go through the court process.

Companies like Premium Collections Limited provide vehicle repossessions that are take on by our experts in a legitimate manner, complete with all required documentation. All vehicle repossessions are carried out successfully and assets delivered to the rightful owners. No matter where in the UK the repossession is to be undertaken, they have the facility and the authority to seize the vehicle from the given spot. With required licenses and insurances in hand, vehicle repossessions are completely legal and therefore cannot be protested against by the debtor, who must let go of the vehicle.

As a keen writer on all things debt related, Stuart has written many times for magazines including articles on Commercial Vehicle Repossession and Fleet Vehicle Repossession.

With a tax debt relief option, you can erase your IRS debt

May 17, 2012 · Posted in Family · Comment 

It can really be a burden to own the Government money. Have that weight lifted off your shoulders. To get that tax debt monkey off your back, many reasonable solutions are available Ignoring and IRS debt might eventually end up with the loss of your home and perhaps even all of your other possessions.

How much your debt comes to has a lot to do with what your best plan of action should be. You might have to pay the debt in full. However, you might get the option to settle which will help save you money and help pay off the debt faster. This is dependent on that tax debt resolution that you feel best suits your life and your individual situation.

The Most Common Three Tax Debt Relief Options

A Monthly Arrangement with the IRS

A monthly arrangement with the IRS In the form of monthly payments is the easiest way to pay back your tax debts. The IRS will often offer those with back taxes the option to pay a specific amount every month to erase the debt. They will make sure you can afford the payment by working closely with you Monthly payments is the best option for people with smaller debt.

Hiring a Settlement Company

If you have much larger debts and you hire a Settlement Company, you may be able to pay less for settling the debt. A debt that is larger than ten grand may justify some professional debt settlement help. Relief from tax debt is available in a variety of ways to help people and businesses break free from debt. This choice lets people settle a big debt for a reduced amount.

Declaring your Taxes Uncollectable

If you can prove that there is not way for you to pay any debt whatsoever, it’s possible that the IRS would forgive you. This option doesn’t work for most people, but it’s still worth trying. To ensure that this is a possibility with your specific circumstances, you should seek advice from a tax lawyer or an IRS Consultant.

You can also get this sort of respite from the IRS. Note that your debt will continue to grow if you are unable to contribute any money towards your tax obligation. Although this is an option, it should not serve as a permanent solution.

Popularity in a Tax Debt Relief Option

Tax Debt relief option has its popularity.To resolve their tax debts most people will need the help of a settlement company. So now we come to getting the appropriate people to help you settle a debt in a financially pleasing way. These companies will benefit your credit score by cutting down on your bills, they will also stop harassment from the IRS.

You should find a business with a good reputation. Selecting a company that doesn’t have specialists in your areas of need will only prolong your problems. Some tax settlement companies simply don’t provide the service you need and you don’t want to end up with the wrong type of company.

You are much better off using a company that is well versed in IRS rules and regulations. Don’t go for the first tax settlement company you come across because you want someone that can negotiate a low settlement amount for you. Read the testimonials the company offers and make sure you feel confident in the choice you make.

Understand that dealing with back taxes or even current taxes presents a serious matter. It’s not easy to settle your own IRS debt and hiring a professional company will only benefit you. In order to properly experience the relief having your tax debt erased, you must be sure to select an organization with a quality reputation.

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How To Easily Find A Quick Quality Bankruptcy Attorney To Represent

May 10, 2012 · Posted in Business · Comment 

Financial difficulties transpire to each of us. They can happen to the average Joe or to huge complete corporations that are easily capable of working into fiscal trouble, and hiring a smart bankruptcy attorney is the first necessary thing to do when your monetary issues and responsibilities become far to great to get a grip on.

Foremost, creditors (the citizens who you owe dollars to) are well known to making great use of unethical techniques such as heavy harassment to collect on your past due debts. Even worse, they rely on the debtor’s anxiety and ignorance to get them to do what they want even though there are far superior options than issuing a lawsuit against you.

Therefore, you ought to know and use the rights you have offered to you in order to protect yourself from these ruthless entities who resort to intimidation to get dollars out of you.

This is where a bankruptcy attorney comes in. He or she can aid you in renegotiating the terms of your past due debt while preventing creditors from bullying you further.

For example, you might not be informed that there are specific laws which guard consumers from creditors when they become unable to decide their debts. Laws such as the Fair Debt Collections apply Act (FDCPA)and Fair Credit Reporting Act (FCRA) specifically exist to safeguard your rights.

Without a bankruptcy attorney present, he or she cannot make clear to you the way these laws work out and how you can use them to your advantage.

One of the most prevalent options your legal counsel will advocate is to file a petition for bankruptcy. In a nutshell, this is a motion submitted through a court of law to declare that you are no longer able to pay your debts and need their intervention to reorganize the terms of your financial obligations.

You can apply for two distinct types of bankruptcies and an attorney can explain the specifics of each. However, here is a basic breakdown of Chapter 7 and 13 so that you recognize the necessary variations:

Chapter 7 involves the liquidation of your assets in order to repay whatever amount you owe to the creditors. They may file a motion to take what they call your “non-exempt assets” (anything other than your property and car) and put them up for sale. In other words, you risk the loss of assets if you choose to go this course.

Furthermore, the court may permit creditors to do a added thorough investigation if they find that you don’t have sufficient assets by searching into any property you may possibly have transferred to contacts or family in the past year. They may interpret this as an attempt to circumvent legal repercussions and may also take away these as well.

The stringent and nerve-racking nature of Chapter 7 frequently forces debtors to file for Chapter 13 instead, which is essentially a payment plan issued by government that involves deductions to your monthly pay check (i.e. this is NOT liquidation of assets). Not like Chapter 7 which takes about 4-6 months to process, Chapter 13 may take wherever between 3-5 years.

When searching around for a good bankruptcy attorney, you need a specific set of criteria to go by. For example, a prospective lawyer should be able to provide a set of references and give you a step-by-step breakdown of the entire process from start to finish.

Furthermore, he or she must show a proficient knowledge of the laws mentioned in this report along with other federal and state bankruptcy laws so that you have leverage against the lawsuit-happy creditors. Most importantly, he or she should be able to give you a clear idea of what their rate is and the actual fees concerned at some stage in the complete course.

recall, this is your name and long term on the line, so don’t be afraid to ask a possible bankruptcy attorney the hard questions. Getting out from under the debt rock is no laughing matter, and a good lawyer should be adept to address whatever concerns you have before determining to hire him or her.

Do you want a Bankruptcy Attorney? Before you make the decision that your going bankrupt visit Al Henrie website for information on your options for keeping your property.

Chase Lawsuit Defense Tips

May 9, 2012 · Posted in Education · Comment 

When in a credit card lawsuit there are several types of ways to defend yourself. Each way has discrete pros and cons. Here in this I am going to go over a few different ways that I have witnessed consumers use lawsuit defenses and give many of my own feelings on which ways are for the most part effective.

The first type of defense is to employ an attorney that specializes in credit card lawsuit defense. These lawyers will typically present you with a favorable outcome in court but will charge quite a bit of money. Apparently the attorney fees will provide great divergence from attorney to attorney. I seldom see this form of defense because if a consumer has enough funds to pay for an attorney to represent them, they also would have the funds to pay their credit card debt and duck the lawsuit overall.

The second type of defense I have seen oftentimes is almost not worth calling a defense. Consumers time and time again will choose to represent themselves in court against the creditor or bank’s attorney without any prior knowledge pertaining to credit card lawsuits.

Representing yourself without any prior legal understanding is an almost positive way to lose your case. I have personally watched thousands of cases in which the consumer tries to “wing it” through the different litigation stages. The opposing attorney can figure out that this is what is going on within the first few minutes and will then proceed to frighten and mix up the consumer until the consumer’s defense strategies are in shambles. Needless to say, this is one of the most horrible options to use.

The third way to defeat a credit card lawsuit is a method that I have developed over time of observing and participating in similar legal proceedings. My system was founded under the view that consumers and attorneys only have one main difference, knowledge of the legal system.

99% of consumers end up losing their cases because they make mistakes during the legal process, which then weakens their defenses. Opposing attorneys realize this and watch for these opportunities. They will often steer consumers into these mistakes on purpose.

After researching cases and researching a huge amount of case law, I realized that the same legal system that often misleads and traps consumers could be used in opposition to the banks and creditors. The trick is calculating the right things to demand and when to ask them.

One dilemma still remains; consumers do not have multiple odds to try different tactics to see which defense works best. As soon as the consumer makes a wrong move, the case will be over and a ruling will be made instantly against the consumer.

Before you ruin and lose your Credit Card Lawsuit make sure you read Allan Henrys’ site for the most up to date Chase Lawsuit information available.

Claiming Bankruptcy – Adhering to Procedures Is Crucial

May 8, 2012 · Posted in Home business · Comment 

Claiming bankruptcy is a very crucial part in an individual?s life. The legal process itself is lengthy and demands a great time from you. You need to follow certain rules and experience those very long procedures. The emotional impact brought by it is not easy during this process. You will get to realize that you are slowly losing everything that you have established, and this lifetime loss of your tireless effort is definitely heart breaking.

You need to understand how important it is to know the proper process for which you can file for bankruptcy. There are plenty of forms to be filled and a lot of documents that need to be presented in a proper format. It is important to conform to the procedure in claiming bankruptcy strictly as laid down by the bankruptcy laws of the state in which you are filing. Any kind of error or laxity may end up in your claims getting rejected.

Before filing for bankruptcy, you must choose the right type of bankruptcy protection under which your claims can be filed. Your present financial situation and your current source of income are the parameters which decide the chapter under which you can file for bankruptcy. Chapter 7 and Chapter 13 are the most common types of bankruptcy.

The Chapter 7 bankruptcy is the one under which mostly individuals apply for bankruptcy and offers optimal security under U.S bankruptcy laws. Before you decide on the chapter under which you may want to file for relief, it is important to understand whether you qualify under that chapter. Utilizing the likes of adept bankruptcy attorney for claiming bankruptcy is vital that may help you go through the process with least of difficulties.

You will be required to divulge transparent and detailed details about all your assets and liabilities, documentation supporting your current financial status from your bankers as well as other financial institutions, account information about your property holdings, cars, property as well as other investments. An experienced bankruptcy attorney can help you make a proper assessment of all your moveable and immovable asset values so that there is no confusion while you file for bankruptcy.

Adequate planning and understanding the procedures helps to decrease the stress and tension associated with filing for bankruptcy. Personal bankruptcy lawyer is a relatively simple procedure which can be carried out by a profesional. The very guidelines required are intricate and far beyond the understanding of the common man. The procedure provides remedy from incessant recovery claims and intimidating calls from creditors and banks as the law forbids creditors from contacting you after you have adequately filed for bankruptcy.

Claiming bankruptcy at the right time can help you overcome the financial setbacks and prevent the situation from deteriorating further.

Credit management for bankruptcy law may vary from one state to another.

Don’t risk whatever you have and don’t take chances! Visit www.getbankruptcyattorney.com and find the best guidelines on claiming bankruptcy right at your finger tips.

Is Filing Bankruptcy The Only Way Out Of Debt?

May 4, 2012 · Posted in Business · Comment 

The world is suffering financial havoc at present. While recession rages, price hike becomes far-reaching. Citizens are more financially hassled-as their expenses raise so as their financial obligations. You might just be one of them. You’re losing power over your finances. Aren’t you? How long can you hang on? Are you thinking of filing bankruptcy? Hold on a little longer. Read this article first prior to deciding.

When you file for bankruptcy, you legally declare your inability to pay your creditors. Apart from the relief that you think you could get from filing bankruptcy, you need to undergo the strenuous filing process. The government had amended the bankruptcy law in 2005. And since then filing for bankruptcy has never been easy.

Collective in the bankruptcy filing process is the appointment of a trustee over your non-exempt assets. The trustee who is appointed by the court itself has the discretion to sell your assets-all of your assets as in Chapter 7. Thus when you file for bankruptcy, you’re going to practically lose everything that you own. You have no ability to decide what to do with your assets. You will have to agree with the decision of the trustee.

Even if the government sees bankruptcy as a chance for people to have a ‘fresh start’, your filing will still be reflected in your credit record. Needless to say that filing for bankruptcy will injure your credit scores significantly. That’s not the end of it yet. Even if you declare bankruptcy you will still have to pay $3,000 to $5,000 for legal and filing fees.

Other than the remedy provided by the law, there are other options which you would like to reconsider. There are companies that offer debt consolidation and credit counseling. They can neither protect your assets when the court has decided on them already, nor can they elucidate your debt to disappear in thin air. But they can sit down with you and discuss what alternatives you have to avoid filing for bankruptcy. On a brighter note, these companies will neither seize nor control ownership over your assets. Contrary to what you might be thinking, these companies’ techniques are lawful. So you don’t have to worry about doing something illegitimate.

More and more agencies are offering these kinds of services today. And only few of them offer the quality of service you totally need to resolve your financial difficulties. You must carefully choose which company to work with. Your decision is the key to either solve or worsen your problem. Weigh your options well and never jeopardize your family’s future just because of a wrong alternative.

Learn more about debt relief. Stop by Allan Henry’s site where you can find out all about debt plan and what it can do for you.

How To Settle Credit Card Debt

April 30, 2012 · Posted in Education · Comment 

At first, learning how to settle credit card debt can appear daunting. You may not want to pay large monthly sums to a debt settlement firm, and neither would I! In reality all the average person needs to put him or her in a position to receive a great settlement offer is some expert guidance and not an expensive payment plan.

Before I start getting into the ins and outs of debt settlement, I want you to understand that debt settlement is usually not total financial freedom. Debt settlement can lighten the load of debt but sometimes is not the most desirable outcome. One thing that makes debt settlement less desirable is the high likelihood of being forced to pay 1099 imputed income tax. Basically this tax forces you to pay taxes on whatever amount was knocked off your original debt. This can be quite pricey.

If you decide that you want to go down the debt settlement path you need to learn a few more things to know how to settle credit card debt. Arguably the most important thing to understand is what motivates your creditor to offer settlements to other consumers. In most cases the creditor must feel that you are putting up a legitimate fight and know what you are talking about. Once the creditor feels this way they will often offer settlement agreements.

Some consumers try a little bit too hard to make themselves undesirable to collect on and send their creditors cease and desist letters. This is always a mistake. The only choice you then leave your creditor is to sue you. If your creditor feels that their only option for collections is to sue you will have slim chances of receiving a settlement offer.

Are you enjoying learning how to settle credit card debt? I sure hope so because learning how to settle your credit card debt can make a huge difference in your financial situation. But when you are actually offered a settlement, what is a reasonable amount to accept? In my experience you want to aim for at about 20% of your original amount. This may seem impossible but I have seen countless cases that end up with 5% or less of their original amount for a settlement!

I have one last word of advice for you that I gained in my years of teaching people how to settle credit card debt. Once you make yourself a hard enough target for collections, you can often negotiate to have your debt eliminate completely. When I say completely I mean no settlement whatsoever. Why am I telling you this, because I want you to get the best deal possible from your creditors? Don’t settle for anything less than you deserve!

To get the best information available on How To Settle Credit Card Debt, make sure you start Allen Henry’s excellent Free Course on how to settle debts with the perfect Debt Dispute Letter.

Proposing an Individual Voluntary Arrangement Lacking Any Assets

March 17, 2012 · Posted in Business · Comment 

Just because you have basically no property or assets, it does not stop you from suggesting an Individual Voluntary Arrangement to your creditors. Anyone can offer proposals for an IVA to their lenders as long as they are insolvent. There is no need to have your home or in fact any other property such as a motor vehicle or a boat. Your IVA proposal may perhaps be based upon offering a lump sum or regular monthly payments from your earnings. The lump sum might be given by your family or by a friend who is in a position to loan such funds to you to settle your financial obligations via an IVA. If you don’t have a lump sum to offer and you have no substantial resources then you need to have some level of regular disposable income to offer to your creditors.

Disposable or excess income is the cash you’ve got remaining once you’ve paid for all realistic living costs for both yourself and for any dependants you may have. How much excess income you have will depend entirely on your circumstances. Income includes your take home salary from your work, any benefits you might get which includes disability benefit or social welfare benefits, pensions, tax credits, dividends, child benefit, rental income from a lodger and so on. Reasonable living expenses will include the expense of rent, council tax, utilities for instance water, gas and electricity, foodstuffs, housekeeping, telephone and mobile, TV & internet, life insurance, house insurance, car running expenses such as HP, fuel, car parking, car insurance, road tax, repairs and service, clothes and footwear, optical dental and medical needs and all the standard costs sustained in supporting your family.

Clearly if it will take all of your earnings to cover your realistic living expenses you will then be left with no disposable income and consequently you’ll have absolutely nothing to give to your lenders in an Individual Voluntary Arrangement. On the other hand, if you’ve got a reasonable amount of excess income and your debts aren’t exorbitant, lenders can expect to receive a reasonable dividend in your IVA. The fact that you aren’t a property owner ought not to have any impact on the attitude of your lenders whenever they give some thought to whether to approve your IVA proposals or to decline them. Should you be made bankrupt, creditors would in most cases get a lower dividend than you can provide in an IVA. In fact, in many bankruptcy cases lenders receive no dividend at all. If you have no assets it could be that bankruptcy is a more attractive choice for you than an IVA would be and you ought to think about the pluses and minuses of both alternatives prior to deciding on your course of action.

Creditors have depicted what they believe to be fair living expenses for individuals proposing an IVA, whether they are single, married or co-habiting, with or without children. They offer guidelines for household expenditure and they expect borrowers to conform to these rules of thumb. If a person in debt has unusual or extraordinary expenses, lenders expect to see persuasive reasons why such expenses should be permitted in an IVA. There is no adequate description for what creditors would consider a fair dividend. It really does rely upon the level of the debts and the amount of excess money that the borrower has. Remember that an IVA usually is geared to people with debts over 15,000. It could be hard to obtain the approval of lenders for an IVA if the monthly excess income was under 200, but there are exceptions.

Even though there’s no minimum dividend mandatory by law for an IVA to be offered, creditors nowadays have great difficulty in accepting IVAs where the projected dividend is lower than 25p in the , even though in exceptional cases they could possibly accept a far lower dividend than that. A few creditors set a minimum acceptable dividend at a much greater level than that, maybe as much as 40p in the . A few creditors have a policy of rejecting all IVAs with which they are presented out of hand and without explanation. Although this may seem not fair to the insolvent debtor, thankfully such lenders are in a minority and unless they hold over 25% of the debts, they can be outvoted by the other creditors who might be pleased to approve the IVA offer. Each situation is looked at on its own merits. At least 75% of voting lenders must approve your IVA offer for it to be accepted and lenders take many factors into account in making their decision whether to accept or reject each IVA proposal. If you do not own a home, it should not prevent you from offering an IVA to your lenders and it should not be a barrier to their approval of your Iva.

McCambridge Duffy could help you with both Consumer Debt and Business Debt. When you need debt help please do not wait to talk with our company right now.

In the economic downturn, the debt collection industry has gotten more and more aggressive.

March 15, 2012 · Posted in Finance · Comment 

How would you react if your wages were garnished to pay a debt that is not your liability? This unfortunate scenario happened two times to a New Mexico woman who had no connection to the Target Bank account or to the collectors employed by Target. Because the debt buying industry has grown in leaps and bounds since the 1980′s, cases like this are becoming more and more common. Now the combination of technology and large debt buyer firms has created a profitable industry that also holds the record for highest industry complaints logged with the Federal Trade Commission. The government does not have the resources to respond to all the complaints it receives but luckily there are consumer protection statutes in the Fair Debt Collection Practices Act that can help consumers fight back against collection bullies.

Some debt collectors phoned Lucinda Yazzie, subjecting her to the unpleasant experience of hearing them claim that her Target card was carrying a late balance. The creditors were informed by her, that the debt did not belong to her and that another person in area shared her name. Even though the debt collection agency had been informed, the representative followed up with a garnishment order. The garnishment was dropped and her employer argued that this was not the same employee. Yazzie had another garnishment order against her two years later when the same debt collection firm filed suit again. The order was not lifted until the point in time when she filed a lawsuit of her own for violations against the FDCPA rules and guidelines.

By the time everything was over, she had been awarded $1,260,000 in the settlement of her lawsuit. A very large award for this type of case. Lucina Yazzie held the collectors accountable; however many people will not take action against an industry with plenty of money and comprised of motivated operators that are always pushed to their max on very noisy boiler room floors.

The Savings and Loan crisis of the 80′s gave rise to the 3rd party collection and debt buying industry. After the finished with the Savings and Loan assets, the debt buying and collection industry soon became known by insiders as the “Adjustable Receivables Management” industry. Now they have branched out into credit card and other consumer debts.

Debt buyers and collectors grew at a slow but steady pace until the Recession hit strongly in 2008 at which time analysts predicted an increase in business as well as complaints for the debt collection industry. In 2007, there were around 100,000 complaints as predicted earlier. Annual instances rose to 130,000 in 2009. Several factors influencing the rise in complaints include aggressive tactics that ignore legal boundaries, technology to increase calls to consumers and the increasing use of local courts to sue for delinquent credit card debts.

Creditors are required to hire collection agencies with a qualified attorney in the same state as the one who owes the debt, however the empty threat of “legal action” is a favorite among bill collectors. If the collector doesn’t have the immediate means and intentions to take legal action on a debt, this could be a violation of the Fair Debt Collection Practices Act.

Research has shown that respondents who appear before the court for their creditor lawsuits are much more likely to have their cases dropped than those who did not. If sued by a creditor the most important thing a consumer can do is to respond through the court system within the time allowed even if the debt is not theirs, the study shows.

The courts are rejecting the legal actions of a lot of creditors, which shows that they are often unable to follow through with their threats. But this is a business that has a 58% increase of profits in the year 2010. Being aggressive can pay off even if the laws aren’t always followed.

Because of the high volume of complaints the Federal Trade Commission urges consumers to use the protection provisions in the Fair Debt Collection Practices Act to defend themselves against non-compliant debt collectors. In much a similar scenario to the intensely partisan legislative scene that exists today, the FDCPA barely passed after a tenuous debate, and was enacted in 1977. However Congress ultimately realized that there was a need to protect people from all parts of society against abusive debt collection practices that were also rampant in the Seventies. The need still exists today.

In an Article on money by CNN the owner of a debt collection company notes that “Debt doesn’t go away as fast as it used to”. Debt is now a fact of life and a burden to manage for many Americans. It’s a good thing Certified Debt Specialists know just how to talk with bill collectors. They have all gone through extensive training in order to familiarize themselves with every possible situation. More and more creditors realize the requirement for a specialist that is certified and has the latest technology to help negotiate with large well funded debt collection companies that continue to grow.

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More Tax Resolution Amenities

January 31, 2012 · Posted in Taxes · Comment 

Clients who have an association with Horizon Debt Group LLC. receive an excellent tax resolution services. We have established a great and lasting relationship with our clientele. Through in depth analysis to ensure proper discovery of their issues, we give professional advice to each and every client who are facing financial burdens and this relationship of ours play a vital role in our mission. We have a preferred partner, Pinnacle Tax Advisors. Their continuing support has allowed us to offer streamlined tax relief help to those that require our services. Horizon Debt Group LLC has been providing clients with a free tax hardship analysis when other companies may charge a fee for this service.

We take the time to assess your individual circumstances because there is no one quick fix for debt resolution. People see TV ads which give the impression that they can dicker with IRS when the reality is that they can take everything they have. With so many tax rip-offs out there from big organizations spending millions to publicize making assurances to wipe out your tax debt but not before paying enormous fees up front to then discover that the IRS has rejected the offer. These corporations main objective is to setup huge call centers to enroll as many people as possible. As opposed to giving each and every client their personalized individual attention focusing on their budget.

Working hand in hand with our clients, our professional staff is able to enable them to add more money to their budget, and guide them through any financial hurdles. You will be able to verify our A rating through provided links how other clients have rated us and reviewed our tax team with the Better Business Bureau.

A lot of American taxpayers fail to make the mid April deadline to file their income tax returns. Thus, the back taxes start piling up, and you end up paying out even more money in penalties and fees, and all of that is in addition to the original taxes that are still owed. A lot of people will file extensions, but they are still obligated to pay the penalties that accrue for filing at a later time. Failing to file taxes is not the same as refusing to pay bills; it is a criminal act punishable by jail time and a fine of $10000 for every year you did not file taxes. The worst thing you can do is to keep drawing the issue out because owing back taxes is taken very seriously by the IRS.

The current tough financial times may have cause some people to neglect their responsibilities of filing and paying their taxes. Relief is available in these situations.

The dawn of 2012 gives you a chance to put that behind you, and start fresh. You can solve your back tax problems, but you must act now. For a free extensive tax hardship analysis, please reach Horizon Debt Group LLC.

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Tips For The Everyday Individual For Getting Out Of Debt With A Scottish Trust Deed

January 26, 2012 · Posted in Business · Comment 

Owing money is one of the those things that is hard to get out form under. For many people the only possible solution is one that requires professional help. When a person feels like their financial situation is out of their hands they should consider getting out of debt with a Scottish Trust Deed.

People need to be careful that when they are trying to correct their financial load, that they do not confuse a Scottish Deeds with a typical financial management programme. The two programs are very different.

There are some differences that can really influence your ability to work your way out of your debt. Before making a final choice you need to consider both options very carefully, one works better for some individuals than the other option.

The whole purpose of the trust program is to help individuals who are dealing with what seems like a truly unmanageable financial load. This is the kind of debt that simpler options simply are not going to help out with. The individual is not the only person who needs to be considered when a trust deed is being considered. All of their creditors will also be contacted.

Each of the individual’s creditors are going to be contacted and the details of the money owed are going to be discussed at length. Each of creditors is going to vote about whether or not the person should be approved for the trust deed. If a creditor is owed more than 1/3rd of the total amount and votes against the proposal, the individual will not be approved for the Trust.

The way the Scottish Deeds works is that it takes the entire amount of unsecured money owed that the individual has accrued and consolidates it. The consolidated amount is than divided into 36 equal parts, that the debtor is expected to pay each month. The monthly payment is divided and given to the individual’s creditors.

While having only one monthly payment instead of several little payments to deal with makes life a little easier for the person who applied for the Trust Deed, it is not the only reason that the program helps come get out from under their debt. Another reason is that once the trust has been approved, creditors can no longer add any interest to the amount of money the individual owes.

When you are dealing with debt and starting to consider getting out of debt with a Scottish Trust Deed, you need to contact a licensed insolvency practitioner. This is the person who will start negotiations between you and the creditors. They will also be the person who makes sure that you are left with enough money to live off of.

The worsening of economic conditions for many people is an added incentive to get out of debt. Take advantage of the financial documents called protected trust deeds to assist you in the process.

Debt verification letters

January 19, 2012 · Posted in Education · Comment 

When requesting information on an account that is being collected on by your creditor or debt collector, you can send what is known as a debt verification letter. I do not usually recommend sending debt verification letters because they only require the creditor or debt collector to prove that they have your name and address. This information does not provide you protection or any valuable information.

Let me tell you why I don’t recommend the use of debt verification letters. Debt verification letters only require the creditor or debt collector to prove that they have your name and address, which has no relation to whether or not you owe them money. It also will not stop them from harassing you for payments. Because of this I recommend looking into the use of debt validation letters.

Many people are confused by the difference between debt validation letters and debt verification letters. Trust me, the difference is huge. Sending a debt verification letter will provide no protection and gets you nowhere while sending a debt validation letter can in some cases eliminate all collection attempts immediately.

The bottom line is that sending debt verification letters will get you nowhere. You leave yourself open to continued harassment and collection efforts. However, by sending debt validation letters, it is likely that all collection efforts will be stopped or seriously delayed.

The use of debt validation letters can be extremely effective when dealing with third party debt collectors. Third party debt collectors are rarely known to play by the rules. They are often trying to collect on debts that the original creditor has sold them. These debts are already legally paid and if you force the third party debt collector to validate their collection efforts, they will often be stopped immediately. Do yourself a favor and send your third party debt collector a validation letter today.

The harassment and intimidation by third party debt collectors was commonplace in the credit card debt collection industry until the US government passed the FDCPA or Fair Debt Collection Practices Act. This act provides the legal backing to the use of debt validation letters and provides no support to debt verification letters. Though this Act provides a large amount of protection to consumers, the protection only comes into effect once a debt validation letter is sent.

Find out more about how to use a debt verification letter. Stop by www.debtvalidationletter.net where you will find out all about writing an amazing debt dispute letter and what it will do for you.

How to Eliminate A Credit Card Debt

January 16, 2012 · Posted in Investments · Comment 

The United States consumers are all asking the same question, “How can I eliminate credit card debt?” This question is sparked by the fact that Americans are currently in debt trillions of dollars. How did this ridiculous amount of financial liability come about? It came because banks and creditors are issuing out unprecedented amounts of credit to consumers who cannot afford it.

Consumers are running into problems when trying to eliminate their credit card obligations. These problems are originating with the banks and creditors that lent them money in the first place. The same bank or creditor that lends a consumer money knows fully well that the consumer will often not be able to make the large payments required. They also know that the debt could potentially ruin the consumer’s life. Does this top the banks and creditors from lending? Of course not.

When consumers get in the situation of having unmanageable liabilities, the bank or creditor will intimidate the consumer into continuing payments. By giving into this intimidation, consumers are in for an extremely difficult payment plan that can last for decades.

After tiring of the abuse and intimidation from their creditor or bank, many consumers decide to pursue debt consolidation. This method can outwardly seem very appealing. Instead of making five or ten monthly payments to different creditors, the consumer can make one easy payment to the consolidation firm. Consolidation firms often offer a lower interest rate on their payments as well. The only problem with using debt consolidation to eliminate credit card debt is that the consumer will still be locked into making monthly payments for years to come.

Many consumers are still wondering, “How can I eliminate credit card debt?” The answer is actually less complex than most people imagine it to be. Consumers need to decide that they will not make any more payments to their creditor or bank on the ridiculous terms that banks and creditors set.

Before you continue reading I want to clarify something. Deciding not to pay your credit card obligations is not an easy path to choose. It is not a cakewalk by any means. However, neither is making payments to your creditor for decades to come. This is why I suggest performing some research on what steps you will need to take to make this process work.

You may be wondering where to find additional help and advice of what to do once you decide not to continue paying your credit card debt. The answers are all found with debt elimination firms. These firms are extremely rare and can sometimes be hard to find. The nice thing about them is that they charge so much less for help eliminating your liabilities than you would be paying if you decide to continue to make payments to your bank or creditor.

Maybe you are wondering how in the world you can legally stop paying your creditor or bank. If this is the case I want to share with you how banks and creditors often set themselves up for voided contracts because of unethical behavior.

Though it is sad that banks and creditors willingly participate in abusive and unethical behavior in regards to debtors, it also provides an opening for you to be free from your credit card balance! The only hard thing is gaining knowledge of the laws and procedures to expose these illegal and unethical practices. That is what these consultants are there to help you with. I strongly suggest taking advantage of their services.

I sincerely hope that you have not already been through much of the abuse that I have mentioned today. The only way to stop this abuse and free your self from credit card balance is to gain as much knowledge as possible. Continue searching for the answers to the question, “How can I eliminate credit card debt?”

Kente Wallman has been in the field of credit card debt elimination for a long time and maintains a website that answers How Can I Eliminate Credit Card Debt? where you can get answers to questions.

The Ways in Which Trust Deeds Can Affect Your Property

December 12, 2011 · Posted in Real Estate · Comment 

It is very important to know how does taking out a Scottish Trust Deed affect your property. The major inquiry with regards to this issue is how the home will be impacted. Home owners primarily want to understand the process as they may be understandably worried they are going to end up losing their residence. These homeowners could perhaps be in circumstances through which they invested most of their lives reducing the mortgage loan and then stand to lose it all.

There are answers to these concerns. When it comes to these matters, it is important to be informed. First of all, if you live as a renter in a mortgaged property, the landlord is not required to be informed regarding their actual tenants looking for advice on Trust Deeds. They are in no way obligated to disclose this information. But it is important to note, if the renter vacates the accommodations and a credit check is performed, in most cases they will receive bad marks.

For adults that actually reside with their mothers and fathers, their residence isn’t deemed a part of the deal. This is something the owner’s must agree to in order to be in affect. At the present, this is not automatically turned over.

In conditions of unprotected deeds, homeowners will not be required to exchange their very own residence to their distinct trustee. The trustee will guarantee that their very own residence isn’t built into the creditor contract. The distinct creditors will typically not be in favor of this as there is likely equity in the house. This equity could be employed to negotiate any remaining debt.

When the Deeds achieve a certain status, creditors cannot pursue these people for any funds. They ought to now only talk with the individual’s Trustee. Nevertheless, the owner could have to shift their residence around to his or her real Trustee. This Trustee will make judgements around the appropriate plan to pay the creditors.

There is certainly an approach that a trustee may possibly use your residence to pay out creditors. The Trustee of your account could get your home appraised on the outset of any Deeds they are going to prepare. They can then propose an amount to pay depending on the equity accrued.

This certain sum is commonly determined making use of a home loan redemption amongst that a chosen economic organization will supply. When your Deed is finished, the owner can then market their residence. They may also choose to mortgage their house. This all depends on whether the owner wants to keep their home.

For those that are not the sole owner of the property, then they must take a different action. Any joint owners of a house will need a Trustee to grant the permission for any of the owners to take such action. The trustee has the authority to force the sale into the courts in any one of the partners refuses the deal. This will cause a division and sale. When it has been granted, the Trustee will then sell the house and give the each joint owner their share. There are many other ways in which deals with the question: How does taking out a Scottish Trust Deed affect your property.

Get exclusive inside info on the affect of Scottish Trust Deeds and Property now in our complete guide to all you need to know about Scottish Trust Deeds UK.