debt

A common question asked about collection agencies is how long they have to collect on a debt. The simple answer is they can try to collect as long as they want to. After that answer, the truth get a lot more complicated. The Fair Credit Reporting Act, which was enacted in 1970 and last revised […]

My wife and I used to own a water softener. We bought it because our water is considered hard by water standards, and we feel this interesting film on our bodies after showers. We gave it up because, for whatever reason, it softened the water close to where it was located in the basement but […]

We talk about debt all the time, in different ways. The country talks about debt as well. For years we heard about the debt President Bush left us in and the debt that President Obama has allowed to increase. Yet, when you look at it, debt isn’t bad across the board. Let’s take a look […]

Many times, when people are looking for ways to reduce their debt, they go looking for someone else to help them with their problems. The truth of the matter is that every person is capable of figuring their way out of debt if they have a job and are bringing in some kind of money. […]

Every once in a while, one member of a married couple runs up a lot more debt than the other, sometimes even while just living together. This begs the question as to whether, in extreme circumstances, couples should define whether one or the other should get financial help or if they should go into it […]

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