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Debt Consolidation and Personal Finances: Learn the Truth!


An inability to manage credit, growing debt and bankruptcy are all major problems today. On an average day, over 8,000 people file bankruptcy in the United States alone. The Internet is rife with companies that promise help and salvation; to the uninitiated, their words and assurances prey upon those wanting a painless solution.

The January post-holiday credit card bills are often the proverbial straw that breaks the camel's back, where families now have to face the problem of how to pay for the holiday gifts and celebrations without sliding further into debt.

Avoiding these problems, and recovering from overwhelming debt, are what Real Life Debt.com is all about: it's a resource site that's dedicated to helping you learn about your options with credit card debt, debit cards, debt management, debt counseling, privacy, deciding about bankruptcy (and the different types of bankruptcy), and more.

Founder Dave Taylor explains "As a private, independent initiative, we're sure that you'll find Real Life Debt.com to be an excellent resource for understanding and managing your own financial issues. To ensure accuracy, the materials on this site are all from the United States government: one goal of Real-Life-Debt.com is to help people find the excellent material produced by the Federal Trade Commission, Federal Reserve, Consumer Information Center, and similar organizations."

In addition, Real Life Debt also features a weblog (a "blog") with postings from different individuals who share their own challenges managing their personal finances, including bankruptcy, credit card penalties, and much more.

Real Life Debt is an unbiased source of credit card, debt management, privacy and bankruptcy information, without commercial sponsors or a sales pitch. To ensure accuracy, much of the material is from U.S. government sites.

Dave Taylor has been involved with the Internet since 1980. He's written sixteen technical and business books including the best-selling "Creating Cool Web Sites", and his most recent projects are startup 101 info and Ask Dave Taylor.


MORE RESOURCES:

New Twist in Democrats' Push for Mortgage Debt Relief
Wall Street Journal (blog)
By Alan Zibel A former Fannie Mae employee has told congressional staff members that executives at the mortgage-finance company canceled the launch of a pilot program to cut loan balances for troubled homeowners due to “philosophical” disagreements in ...

and more »


SpringCoin Unveils First Automated Debt Relief Coach
San Francisco Chronicle (press release)
SpringCoin, the leading online debt relief and financial education service, today announced the first automated debt relief coach with human expertise. The new SpringCoin (formerly known as its beta version, DebtEye) delivers the most personalized ...

and more »


BBC News

Eurozone finance ministers to discuss Greek bailout, debt relief deal on Thursday
The Republic
DEREK GATOPOULOS AP ATHENS, Greece — Greek coalition leaders were locked in crucial debt talks with the prime minister Wednesday to review layoffs and other steep cutbacks as part of a €130 billion ($170 billion) bailout package intended to save the ...
Greek Debt Talks Drag on but Banks Signal ProgressABC News
Greek debt crisis drag onCastanet.net
EU official: Greece needs extra (euro) 15 billionThe Mercury

all 5,600 news articles »


Atlanta Journal Constitution

Greece: European Central Bank, other central banks must be part of debt relief ...
Washington Post
ATHENS, Greece — The European Central Bank and national central banks should be part of a debt relief deal with near-bankrupt Greece's private sector creditors ahead of a pressing deadline early next week, the Greek Finance Minister said Thursday.
Greek FinMin: ECB must be part of debt reliefAtlanta Journal Constitution

all 1,835 news articles »


CEDC to review Russian Standard's debt relief offer
Reuters
Feb 6 (Reuters) - Central European Distribution Corp said its board is reviewing Russian Standard's offer to help the Polish vodka maker repay its debt in exchange for a bigger stake. In a letter dated Feb. 1, CEDC's largest shareholder Roustam Tariko, ...

and more »


ABC News

Debt-relief talks restart in Greece, amid pressure to lower interest rate
Washington Post
ATHENS, Greece — Greece's prime minister resumed talks late Thursday with top bank negotiators to try and overcome obstacles to a major debt-relief deal needed to avoid bankruptcy. Premier Lucas Papademos held a two-hour meeting with Charles Dallara, ...
Debt-Relief Talks Restart in GreeceABC News
Greek debt relief talks grind onBlueRidgeNow.com
German wiseman says ECB should join Greek debt reliefReuters
Ninemsn
all 2,721 news articles »


Business Recorder

Exporters, I.Coast move toward cocoa reform accord
Reuters
* Late-night talks near consensus on some points * New talks set for Thursday, may ease auction boycott * Cocoa reform key to IMF-backed debt relief (Adds details and background) By Ange Aboa ABIDJAN, Feb 8 (Reuters) - Leading export companies and ...
Exporters, Ivory Coast move toward cocoa reform accordReuters Africa

all 15 news articles »


Russian billionaire offers CEDC debt relief for bigger stake
Reuters
* Alliance with CEDC comprises two separate transactions * Russian Standard says alliance would help CEDC with 2013 debt * Shares jump as much as 28 pct By Abhishek Takle Feb 2 (Reuters) - Central European Distribution Corp's largest shareholder ...

and more »


Robocallers Who Claimed to Reduce Credit Card Interest Rates Shut Down
Statesboro Business News
The Federal Trade Commission has reached a settlement with four of the defendants in an allegedly phony debt relief services operation that claimed that, for $995, it would dramatically reduce consumers' credit card interest rates.

and more »


President Obama's student loan debt relief plan goes into effect early
Daily Sundial
By Irene Nesbitt Graduate students received financial assistance from President Obama's student loan debt relief plan last month. Originally, this was supposed take place on Jan. 2014, but in the midst of the tuition and loan crisis students will see ...

and more »

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