Displaying items by tag: debt relief services

San Diego Loans

Debt among pupils features reached astonishing levels in current years. While much of a young person’s debt is in the form of pupil loans, young grownups are also plagued by car loans, mortgages and overwhelming quantities of credit card debt.

Credit card financial obligation is fastest growing among young grownups aged 18 to 24. From 1982 to 2011, credit card financial obligation among this demographic more than doubled. In the exact same time framework, credit card debt among 25- to 34-year-olds increased more than 50 percent.

And studies reveal that financial obligation only increases from there. The best method to curb debt later on in life is to find out debt management methods early. Financial obligation reduction strategies like debt settlement can help you spend off outstanding debts today so you can live debt-free later.

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Loans San Diego

In addition to individual debts like credit card debt, it’s difficult to forget about student loan debt. For the university course of 2013, the typical borrower carried more than $35,200 in student loan debt.

Despite students frequently graduating with tens of thousands of bucks in pupil loan debt, this type of debt is in fact considered great debt. Greater education increases your earning potential in the office, allowing you to spend back student loans and continue earning more.

Still, too much of any kind of debt is a bad thing. After graduation, you must be in a position to pay for your fundamental necessities as well as meet your minimum monthly student loan payments.

If you find that you’re unable to spend all your bills, look for assistance since soon as feasible. Look into pupil loan combination, modification and deferment, which can all assist make your bills more manageable.

Loans and debts can help you enhance your life, but just whenever they’re used properly. No matter what types of debt you take on, make sure you can handle the bills and continuously advance toward a debt-free future.

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Unsecured Loans

Because an unsecured loan is never guaranteed by any type of property, these types of loans are a larger risk for lenders and typically have a much higher interest rate than secured loans. Although the interest rate may be higher, there may still be a lower interest rate than credit cards. Unlike mortgage loans, the interest on an unsecured loan cannot be tax deductible.

An unsecured loan is a good option for individuals who may not have enough equity in their house to be approved for a home equity loan. An unsecured loan will usually have a fixed interest rate and be owed at the end of a specific term, or it can be a revolving line of credit with a variable interest rate.

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Debt Relief San Diego

Are you burdened by debt? You are not alone. Consumer debt is reaching an all time high. Whether your debt problem is the result of a sickness, unemployment, or just overspending, it can feel overwhelming. In your effort to get out of debt, be on alert for advertisements offering seemingly quick fixes. While the adverts promise debt relief, they rarely tell you what they mean is BANKRUPTCY. And though bankruptcy is an option to deal with financial problems, it is generally considered the last resort option. Here is the reason: its long-term negative impact on your credit. Bankruptcy info (both the date of your filing and the later date of discharge) stays with your credit report for 10 years, and will hinder your ability to obtain credit, a job, insurance, or even a place to live.

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Unsecured Personal Loans

A personal loan is a popular way to consolidate debt, or to pay for expenditures you didn't plan for like taxes, education expenses, medical bills, a wedding, home improvement bills, moving costs, and anything that life seems to have a way of throwing at us when we least expect it!

The advantages of an unsecured personal loan? There are many. First, there are different loans available to those with great credit as well as those with bad credit. And of course, the interest rate you will pay may depend in part on your credit rating. The better your credit score, the easier it may be to get a better interest rate. But don't quit if your credit is below perfect: there can still be many loans available.

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Loan Forgiveness

When one's student loan debt isn't managable and exedes one's income, it may cause the loan barrower to abandon the prospects of a career in a low-paying profession. For instance, a public defender or prosecutor can have more than $100k in law school debt, but a greatly lower beginning salary, yielding a debt-to-income ratio of 2:1 or more.

Loan forgiveness that requires the borrower to work in a particular occupation is tax-free under the current federal laws. Other types of debt forgiveness are treated as your income to the borrower, leading to what may be considered as a Tax Liability.

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Auto Loan Delinquency Rising

Late Car Payments?

The number of people 90 days late in car payments approaching peak levels since the subprime crisis of 2010.

If you’re late on your car payments, come in for a Chapter 13 consultation!

Compassionate. No-nonsense. Great job. Saved me $85K!

I had three choices: two large groups, or DebtDoc. I chose DebtDoc because of their numerous excellent reviews from clients as well as other attorneys. Also, I wanted someone to provide personal service and have a vested interest in my difficult student loan case.

I certainly made the right choice. DebtDoc's attorneys personally answered two of my phone calls and regularly answered my emails, even on one Sunday evening.

After 30 years of student loan "prison", he got me freedom AND he even got the US Dept. of Justice to dismiss 25% of my loans, which saved me $85K.

I feel like I have a new lease on life because of DebtDoc. I wish I could recommend 10 stars.

Client Testimonial

To whom it may concern,
DebtDoc's attorneys are extremely knowledgeable with the complexities of Federal Student Loans.
I went from a thriving career to full medical disability, ending with an SSDI placement. Unfortunately, I lost everything and became unable to continue making the student loan payments, so it was in deferment for over five years. When the SSDI settled I tried to negotiate an affordable payment plan with the loan holders but they refused my efforts, instead demanding over twice the amount I could afford.
I contacted DebtDoc and found them to be courteous, responsive and quick to assess my situation. They were sure they could help and took time to answer all questions, which relieved much anxiety. Within months they successfully resolved the debt! With much confidence, I highly recommend DebtDoc.
Sincerely,
 CJWaldenSignature
CJW

Clients with Student Loan Debt

Clients with Student Loans

Some information I need to evaluate your Student Loan options is contained in your National Student Loan Data System Report. Instructions for obtaining this report are available on my web site at sandiegostudentloanlawyer.com/nslds-report. Simply print/save the reports as a PDF, of all pages. Please DO NOT "DOWNLOAD" THE REPORT from the link - this creates a text file that is very difficult to read; please print the web page as a PDF file - the summary page of all loans AND the individual reports for each loan. Samples of these pages can be viewed by clicking the respective links in the previous sentence. I look forward to reviewing this report with you and assisting you with the management of your Student Loan debt.

I have prepared a brief questionnaire for you to fill out to provide me most of the information I will need. Please click this questionnaire link and provide me with the information listed. I would also like to see copies of your most recent pay stubs or other income information.

My office is located at 2727 Camino Del Rio South, Suite 135-C, San Diego, CA 92108. The main entrance to the building is on the right/west side. I am on the first floor; when you enter the building, turn right and I’m in the suite at the second door on the left. If the suite door is locked, please call or text at 619-678-1134 and I will let you in. (Unfortunately, I usually can’t hear a knock at that door.) I look forward to meeting with you and assisting you on your path back to financial freedom.