LitWiki - User contributions [en]

User:Tharris

2004-12-03T00:07:46Z

Tharris:

Hi, my name is Tabatha.
Hi, my name is Tabatha.

This course has been beneficial to me because I was introduced to new things I have not done in the classroom before. Since I have re-entered college, the classes I have taken were like refresher courses. I have learned new things in these classes, but I had a grasp of what would be required of me in these courses. In this class, I felt a little lost. I knew from reading the course description. It would be difficult for me. I knew the difficulty would come from me not having a lot of experience in computers or in business, but I did not care. My goals were to gain more experience in both areas. I have done that. I have not done as well as I had planned on, but I do know more about computers and the business world. As a result of taking this class, I now know some things I need to improve on before I re-enter the job market.

In my opinion, this class should be taken the entire semester. I guess because it is only eight weeks long I feel like I have taken a crash course. I am assuming that the school administration thinks what is being taught in this class most students should already know. I think that is a very unfair assumption to have. I am a student who came along before computers were in the classroom and I have not had a job in business. If this course would have been just a bit longer, I believed I would have absorbed more. I normally sell back my books, because hey I need the money and I usually feel like I learned what I need to in my courses. I am keeping the book to this class because it will be a good reference to use, but mostly because I feel like I did not get all I needed.

Debt Relief: Research Reports

2004-12-02T20:09:07Z

Tharris: /* Debt Management */

==Credit Management==

For those who need assitance managing their credit there are a variety of choices and options out there. In an article by Hispanic magazine, financial author Julie Stav explains what a FICO score is, how credit bureaus calculate it, and steps on ways to improve your score. An article by U.S. News and World Report states the following steps to keep this score manageable:

1.) Pay bills on time.

2.) Pay down debt.

3.) Maintain long-term credit relationships.

4.) Do not apply for too many loans.

A great self-help guide to consider is Repair Your Own Credit which instructs debtors how to repair their credit and how to reestablish credit. It also lists organizations that will either give people free assistance or charge a very low cost to help someone stay out of debt. In NEA Today, they also refer to some credit management agencies such as Equifax as well as warn people about credit repair clinic rip-offs saying they do not do anything that you cannot do yourself. The counselors at Credit Union Magazine suggest that bankruptcy be the last resort in certain circumstances.

== Debt Consolidation ==

When the topic of debt management and relief comes up, consolidation is usually one of the words that follows. Many experts agree that debt consolidation is a good idea when it seems a person is getting too deep in debt. Three things to consider before deciding on debt consolidation:

# Evaluate where you stand with your debts.
# Don't wait until you are in over your head.
# Be sure to understand how debt consolidation truly works.(Morris, 103)

Numerous experts also agree that a nonprofit company is the best way to go for premium terms. Also, no matter if they are for-profit or nonprofit, one should gain as much information as possible about the company before dealing with them. Futhermore, ensuring the institution you choose works with your creditors. Checking their status with the Better Business Bureau is a great idea. (Brown, 326)However, there are many different opinions on how to go about this. One common opinion is that only school loans should be consolidated, and this is only because of the enormous necessity of a college education. (Orman, 149)

== Collection Agencies ==

A collection agency is a company that is contacted by the original lender to collect past due and defaulted accounts. (www.spu.edu)

The Federal Trade Commission states that if you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a debtor. If you fall behind in repaying your creditors, you will probably be contacted by a collection agency or a "delinquent debt collector".

Mike Ryan, President of NACM Southeast, wrote an article on "Qualifying Your Collection Agency". You, as an owner in a business have to be careful of what collection agency you choose. You have to ask yourself these questions: What does the agency know about your business? Can you rely on them to handle your accounts honestly, ethically, and effectively? Does the agency understand you may do business with this client again in the future? (Ryan, Mike. 106.8) This is the kind of agency that can legimately collect your money.

The FTC also gives a few tips on a fair debt collection. There is an act that requires that debt collectors treat you fairly and prohibits certain methods of debt collection. This is known as the Fair Debt Collection Practices Act. This does not mean that your debt will just go away. You still have to face this debt head on. This just protects your rights.

You can avoid these agencies all together by simply managing your money right. Self-Help may be the Best Help.

== Bankruptcy Summary ==

Bankruptcy is considered to be a "major bomb" in the world of credit. It should be the last resort in most cases for debt relief. Depending on the situation it is sometimes unavoidable.

When selecting a bankruptcy attorney, research his/her background for work experience in this sensitive field of debt relief. There are two types of personal bankruptcies, Chapter thirteen and seven. Corporate bankruptcy is called Chapter eleven and can only be filed by businesses.(Leonard, Attorney Robin "Bankruptcy". Berkley: Nolo Press, 1998).

Credit laws vary from state to state for filing and so does liquidation of assets over a period of time.

Initially, the person filing will get a sigh of relief from being overwhelmed. Later, credit agencies and other lenders will analyze his/her credit information with a fine tooth comb for at least "ten" years or longer. This a combination of an advantage but a disadvantage to debt relief.

Lenders almost immediately view a person as a high - risk for credit due to having bad debt written off through bankruptcies.

Chapter thirteen can be filed in a court with a trustee assigned and is considered a "reorganization" over a period of time to repay debt. The court trustee decides the total amount to be paid back and the time allotted for payment. The person's salary or income determines what will be allowed for the cost of living and the amount that will be disbursed to the creditors. No new debts can be accumulated without the court's permission (i.e., credit cards, loans). Upon closing, obligations are fulfilled and the person can begin on a new credit journey, but the on this new path the person needs to be aware the discharge will remain on the credit report for the next five to seven years.

Chapter seven can be filed in a court and the person will walk away from most of the debt secured and unsecured. The person's salary is freed from the threat of garnishments and being sued by the creditors. The information stays on the credit report for the next ten years and creditors will be view the person as a higher - risk than if the person had filed a Chapter thirteen.

When a person has filed for either bankruptcy it becomes public record information that can be viewed by anyone with acccess to public records documents.

Again, bankruptcy needs to be considered as the very last option to debt relief.

== Debt Management ==

Credit counseling and debt management agencies give professional help to individuals who need assistance paying off debts. These agencies look at the client's debts, listen to needs, make recommendations and create budgets. These companies have received bad press in the past, do research before selecting one. Make sure it is accredited with an institution, such as the Better Business Bureau. A debtor must also make sure to look at state laws, so that he/she is not overcharged for financial help.

The steps most of these agencies take to help debtors eliminate debt are:

1.) They help debtors to assess his/her debt situation.

2.) Avoiding overspending and handling existing debts are other
areas consultants help debtors with.

3.) The final steps are helping the client to build and maintain
good credit.

Most financial advisors agree that the most important step a person must take before seeking counsel is to change his/her money management skills. The debtor must change the way he thinks. The debtor must get rid himself of all financial anxieties or debt will probably happen again.

Debt Relief: Research Reports

2004-12-02T20:04:07Z

Tharris: /* Debt Management */

==Credit Management==

For those who need assitance managing their credit there are a variety of choices and options out there. In an article by Hispanic magazine, financial author Julie Stav explains what a FICO score is, how credit bureaus calculate it, and steps on ways to improve your score. An article by U.S. News and World Report states the following steps to keep this score manageable:

1.) Pay bills on time.

2.) Pay down debt.

3.) Maintain long-term credit relationships.

4.) Do not apply for too many loans.

A great self-help guide to consider is Repair Your Own Credit which instructs debtors how to repair their credit and how to reestablish credit. It also lists organizations that will either give people free assistance or charge a very low cost to help someone stay out of debt. In NEA Today, they also refer to some credit management agencies such as Equifax as well as warn people about credit repair clinic rip-offs saying they do not do anything that you cannot do yourself. The counselors at Credit Union Magazine suggest that bankruptcy be the last resort in certain circumstances.

== Debt Consolidation ==

When the topic of debt management and relief comes up, consolidation is usually one of the words that follows. Many experts agree that debt consolidation is a good idea when it seems a person is getting too deep in debt. Three things to consider before deciding on debt consolidation:

# Evaluate where you stand with your debts.
# Don't wait until you are in over your head.
# Be sure to understand how debt consolidation truly works.(Morris, 103)

Numerous experts also agree that a nonprofit company is the best way to go for premium terms. Also, no matter if they are for-profit or nonprofit, one should gain as much information as possible about the company before dealing with them. Futhermore, ensuring the institution you choose works with your creditors. Checking their status with the Better Business Bureau is a great idea. (Brown, 326)However, there are many different opinions on how to go about this. One common opinion is that only school loans should be consolidated, and this is only because of the enormous necessity of a college education. (Orman, 149)

== Collection Agencies ==

A collection agency is a company that is contacted by the original lender to collect past due and defaulted accounts. (www.spu.edu)

The Federal Trade Commission states that if you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a debtor. If you fall behind in repaying your creditors, you will probably be contacted by a collection agency or a "delinquent debt collector".

Mike Ryan, President of NACM Southeast, wrote an article on "Qualifying Your Collection Agency". You, as an owner in a business have to be careful of what collection agency you choose. You have to ask yourself these questions: What does the agency know about your business? Can you rely on them to handle your accounts honestly, ethically, and effectively? Does the agency understand you may do business with this client again in the future? (Ryan, Mike. 106.8) This is the kind of agency that can legimately collect your money.

The FTC also gives a few tips on a fair debt collection. There is an act that requires that debt collectors treat you fairly and prohibits certain methods of debt collection. This is known as the Fair Debt Collection Practices Act. This does not mean that your debt will just go away. You still have to face this debt head on. This just protects your rights.

You can avoid these agencies all together by simply managing your money right. Self-Help may be the Best Help.

== Bankruptcy Summary ==

Bankruptcy is considered to be a "major bomb" in the world of credit. It should be the last resort in most cases for debt relief. Depending on the situation it is sometimes unavoidable.

When selecting a bankruptcy attorney, research his/her background for work experience in this sensitive field of debt relief. There are two types of personal bankruptcies, Chapter thirteen and seven. Corporate bankruptcy is called Chapter eleven and can only be filed by businesses.(Leonard, Attorney Robin "Bankruptcy". Berkley: Nolo Press, 1998).

Credit laws vary from state to state for filing and so does liquidation of assets over a period of time.

Initially, the person filing will get a sigh of relief from being overwhelmed. Later, credit agencies and other lenders will analyze his/her credit information with a fine tooth comb for at least "ten" years or longer. This a combination of an advantage but a disadvantage to debt relief.

Lenders almost immediately view a person as a high - risk for credit due to having bad debt written off through bankruptcies.

Chapter thirteen can be filed in a court with a trustee assigned and is considered a "reorganization" over a period of time to repay debt. The court trustee decides the total amount to be paid back and the time allotted for payment. The person's salary or income determines what will be allowed for the cost of living and the amount that will be disbursed to the creditors. No new debts can be accumulated without the court's permission (i.e., credit cards, loans). Upon closing, obligations are fulfilled and the person can begin on a new credit journey, but the on this new path the person needs to be aware the discharge will remain on the credit report for the next five to seven years.

Chapter seven can be filed in a court and the person will walk away from most of the debt secured and unsecured. The person's salary is freed from the threat of garnishments and being sued by the creditors. The information stays on the credit report for the next ten years and creditors will be view the person as a higher - risk than if the person had filed a Chapter thirteen.

When a person has filed for either bankruptcy it becomes public record information that can be viewed by anyone with acccess to public records documents.

Again, bankruptcy needs to be considered as the very last option to debt relief.

== Debt Management ==

Credit counseling and debt management agencies give professional help to individuals who need assistance paying off debts. These agencies look at the client's debts, listen to needs, make recommendations and create budgets. These companies have received bad press in the past, do research before selecting one. Make sure it is accredited with an institution, such as the Better Business Bureau. A debtor must also make sure to look at state laws, so that he/she is not overcharged for financial help.

The steps most of these agencies take to help debtors eliminate debt are:

1.) They help debtors to assess his/her debt situation.

2.) Avoiding overspending and handling existing debts are other areas that consultants help debtors with.

3.) The final steps are helping the client to build and maintain good credit.

Most financial advisors agree that the most important step a person must take before seeking counsel is to change his/her money management skills. The debtor must change the way he thinks.

Debt Relief: Research Reports

2004-12-01T01:00:46Z

Tharris: /* Bankruptcy Summary */

==Credit Management==

For those who need assitance managing their credit there are a variety of choices and options out there. In an article by Hispanic magazine, financial author Julie Stav explains what a FICO score is, how credit bureaus calculate it, and steps on ways to improve your score. An article by U.S. News and World Report states the following steps to keep this score manageable:

1.) Pay bills on time.

2.) Pay down debt.

3.) Maintain long-term credit relationships.

4.) Do not apply for too many loans.

A great self-help guide to consider is Repair Your Own Credit which instructs debtors how to repair their credit and how to reestablish credit. It also lists organizations that will either give people free assistance or charge a very low cost to help someone stay out of debt. In NEA Today, they also refer to some credit management agencies such as Equifax as well as warn people about credit repair clinic rip-offs saying they do not do anything that you cannot do yourself. The counselors at Credit Union Magazine suggest that bankruptcy be the last resort in certain circumstances.

== Debt Consolidation ==

When the topic of debt management and relief comes up, consolidation is usually one of the words that follows. Many experts agree that debt consolidation is a good idea when it seems a person is getting too deep in debt. Three things to consider before deciding on debt consolidation:

# Evaluate where you stand with your debts.
# Don't wait until you are in over your head.
# Be sure to understand how debt consolidation truly works.(Morris, 103)

Numerous experts also agree that a nonprofit company is the best way to go for premium terms. Also, no matter if they are for-profit or nonprofit, one should gain as much information as possible about the company before dealing with them. Futhermore, ensuring the institution you choose works with your creditors. Checking their status with the Better Business Bureau is a great idea. (Brown, 326)However, there are many different opinions on how to go about this. One common opinion is that only school loans should be consolidated, and this is only because of the enormous necessity of a college education. (Orman, 149)

== Collection Agencies ==

A collection agency is a company that is contacted by the original lender to collect past due and defaulted accounts. (www.spu.edu)

The Federal Trade Commission states that if you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a debtor. If you fall behind in repaying your creditors, you will probably be contacted by a collection agency or a "delinquent debt collector".

Mike Ryan, President of NACM Southeast, wrote an article on "Qualifying Your Collection Agency". You, as an owner in a business have to be careful of what collection agency you choose. You have to ask yourself these questions: What does the agency know about your business? Can you rely on them to handle your accounts honestly, ethically, and effectively? Does the agency understand you may do business with this client again in the future? (Ryan, Mike. 106.8) This is the kind of agency that can legimately collect your money.

The FTC also gives a few tips on a fair debt collection. There is an act that requires that debt collectors treat you fairly and prohibits certain methods of debt collection. This is known as the Fair Debt Collection Practices Act. This does not mean that your debt will just go away. You still have to face this debt head on. This just protects your rights.

You can avoid these agencies all together by simply managing your money right. Self-Help may be the Best Help.

== Bankruptcy Summary ==

Bankruptcy is considered to be a "major bomb" in the world of credit. It should be the last resort in most cases for debt relief. Depending on the situation it is sometimes unavoidable.

When selecting a bankruptcy attorney, research his/her background for work experience in this sensitive field of debt relief. There are two types of personal bankruptcies, Chapter thirteen and seven. Corporate bankruptcy is called Chapter eleven and can only be filed by businesses.(Leonard, Attorney Robin "Bankruptcy". Berkley: Nolo Press, 1998).

Credit laws vary from state to state for filing and so does liquidation of assets over a period of time.

Initially, the person filing will get a sigh of relief from being overwhelmed. Later, credit agencies and other lenders will analyze his/her credit information with a fine tooth comb for at least "ten" years or longer. This a combination of an advantage but a disadvantage to debt relief.

Lenders almost immediately view a person as a high - risk for credit due to having bad debt written off through bankruptcies.

Chapter thirteen can be filed in a court with a trustee assigned and is considered a "reorganization" over a period of time to repay debt. The court trustee decides the total amount to be paid back and the time allotted for payment. The person's salary or income determines what will be allowed for the cost of living and the amount that will be disbursed to the creditors. No new debts can be accumulated without the court's permission (i.e., credit cards, loans). Upon closing, obligations are fulfilled and the person can begin on a new credit journey, but the on this new path the person needs to be aware the discharge will remain on the credit report for the next five to seven years.

Chapter seven can be filed in a court and the person will walk away from most of the debt secured and unsecured. The person's salary is freed from the threat of garnishments and being sued by the creditors. The information stays on the credit report for the next ten years and creditors will be view the person as a higher - risk than if the person had filed a Chapter thirteen.

When a person has filed for either bankruptcy it becomes public record information that can be viewed by anyone with acccess to public records documents.

Again, bankruptcy needs to be considered as the very last option to debt relief.

/*Debt Management*/

Credit counseling and debt management agencies give professional help to individuals who need assistance paying off debts. These agencies look at the client's debts, listen to needs, make recommendations and create budgets. These companies have received bad press in the past, do research before selecting one. Make sure it is accredited with an institution, such as the Better Business Bureau. A debtor must also make sure to look at state laws, so that he/she is not overcharged for financial help.

The steps most of these agencies take to help debtors eliminate debt are:

1.) They help debtors to assess his/her debt situation.

2.) Avoiding overspending and handling existing debts are other areas consultants help debtors
with.

3.) The final steps are helping the client to build and maintain good credit.

Most financial advisors agree that the most important step a person must take before seeking counsel is to change his/her money management skills. The debtor must change the way he thinks. M

Debt Relief: Research Reports

2004-12-01T00:44:06Z

Tharris: /* Bankruptcy Summary */

==Credit Management==

For those who need assitance managing their credit there are a variety of choices and options out there. In an article by Hispanic magazine, financial author Julie Stav explains what a FICO score is, how credit bureaus calculate it, and steps on ways to improve your score. An article by U.S. News and World Report states the following steps to keep this score manageable:

1.) Pay bills on time.

2.) Pay down debt.

3.) Maintain long-term credit relationships.

4.) Do not apply for too many loans.

A great self-help guide to consider is Repair Your Own Credit which instructs debtors how to repair their credit and how to reestablish credit. It also lists organizations that will either give people free assistance or charge a very low cost to help someone stay out of debt. In NEA Today, they also refer to some credit management agencies such as Equifax as well as warn people about credit repair clinic rip-offs saying they do not do anything that you cannot do yourself. The counselors at Credit Union Magazine suggest that bankruptcy be the last resort in certain circumstances.

== Debt Consolidation ==

When the topic of debt management and relief comes up, consolidation is usually one of the words that follows. Many experts agree that debt consolidation is a good idea when it seems a person is getting too deep in debt. Three things to consider before deciding on debt consolidation:

# Evaluate where you stand with your debts.
# Don't wait until you are in over your head.
# Be sure to understand how debt consolidation truly works.(Morris, 103)

Numerous experts also agree that a nonprofit company is the best way to go for premium terms. Also, no matter if they are for-profit or nonprofit, one should gain as much information as possible about the company before dealing with them. Futhermore, ensuring the institution you choose works with your creditors. Checking their status with the Better Business Bureau is a great idea. (Brown, 326)However, there are many different opinions on how to go about this. One common opinion is that only school loans should be consolidated, and this is only because of the enormous necessity of a college education. (Orman, 149)

== Collection Agencies ==

A collection agency is a company that is contacted by the original lender to collect past due and defaulted accounts. (www.spu.edu)

The Federal Trade Commission states that if you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a debtor. If you fall behind in repaying your creditors, you will probably be contacted by a collection agency or a "delinquent debt collector".

Mike Ryan, President of NACM Southeast, wrote an article on "Qualifying Your Collection Agency". You, as an owner in a business have to be careful of what collection agency you choose. You have to ask yourself these questions: What does the agency know about your business? Can you rely on them to handle your accounts honestly, ethically, and effectively? Does the agency understand you may do business with this client again in the future? (Ryan, Mike. 106.8) This is the kind of agency that can legimately collect your money.

The FTC also gives a few tips on a fair debt collection. There is an act that requires that debt collectors treat you fairly and prohibits certain methods of debt collection. This is known as the Fair Debt Collection Practices Act. This does not mean that your debt will just go away. You still have to face this debt head on. This just protects your rights.

You can avoid these agencies all together by simply managing your money right. Self-Help may be the Best Help.

== Bankruptcy Summary ==

Bankruptcy is considered to be a "major bomb" in the world of credit. It should be the last resort in most cases for debt relief. Depending on the situation it is sometimes unavoidable.

When selecting a bankruptcy attorney, research his/her background for work experience in this sensitive field of debt relief. There are two types of personal bankruptcies, Chapter thirteen and seven. Corporate bankruptcy is called Chapter eleven and can only be filed by businesses.(Leonard, Attorney Robin "Bankruptcy". Berkley: Nolo Press, 1998).

Credit laws vary from state to state for filing and so does liquidation of assets over a period of time.

Initially, the person filing will get a sigh of relief from being overwhelmed. Later, credit agencies and other lenders will analyze his/her credit information with a fine tooth comb for at least "ten" years or longer. This a combination of an advantage but a disadvantage to debt relief.

Lenders almost immediately view a person as a high - risk for credit due to having bad debt written off through bankruptcies.

Chapter thirteen can be filed in a court with a trustee assigned and is considered a "reorganization" over a period of time to repay debt. The court trustee decides the total amount to be paid back and the time allotted for payment. The person's salary or income determines what will be allowed for the cost of living and the amount that will be disbursed to the creditors. No new debts can be accumulated without the court's permission (i.e., credit cards, loans). Upon closing, obligations are fulfilled and the person can begin on a new credit journey, but the on this new path the person needs to be aware the discharge will remain on the credit report for the next five to seven years.

Chapter seven can be filed in a court and the person will walk away from most of the debt secured and unsecured. The person's salary is freed from the threat of garnishments and being sued by the creditors. The information stays on the credit report for the next ten years and creditors will be view the person as a higher - risk than if the person had filed a Chapter thirteen.

When a person has filed for either bankruptcy it becomes public record information that can be viewed by anyone with acccess to public records documents.

Again, bankruptcy needs to be considered as the very last option to debt relief.

/*Debt Management*/

Credit counseling and debt management agencies give professional help to individuals who need assistantance to pay off debts. These agencies look at the clients debts, listent to needs, make recommendations and create budgets. These companies have received bad press in the past, so do research before selecting one. Make sure it is accredited with an institution, such as the Better Business Bureau. A debtor must also make sure to look at

Debt Relief:Bibliography

2004-12-01T00:32:05Z

Tharris: /* Journals */

[[Debt Relief | Debt Relief Home Page]]

This is currently a working bibliography. Please be consistent; when in doubt, follow the format of what is already posted. All print resources should use [[What is MLA documentation style? | MLA Documentation Style]].

== Web Resources ==

=== Articles ===
*[http://www.ftc.gov/bcp/conline/pubs/credit/crdright.htm The Federal Trade Commission]- Credit and Your Consumer Rights

=== Blogs ===
* [http://finance.baylor.edu/weblogs/garven/ Jim Garven’s Blog] — A blog exploring the intersection of risk management, insurance, and finance.

=== Credit Reporting Agencies ===
View your credit report.
* [http://www.transunion.com/ TransUnion] - Credit reporting agency
* [http://www.equifax.com/ Equifax] - Credit reporting agency
* [http://www.experian.com/ Experian] - Credit reporting agency

=== Special Report ===
PBS Frontline Report
* [http://www.pbs.org/wgbh/pages/frontline/shows/credit/ Secret History of the Credit Card] - This report aired 11/23/04 on PBS and gives an inside look at the history of the credit card. The website gives tips for credit card holders and offers help on reading "the credit card contract." Highly recommended for everyone with a credit card.

=== Self Help ===
* [http://www.debtattack.com/ Debt Attack] - Extensive information on good and bad debt and ways to get out of debt.
* [http://www.familycredit.org/ Family Credit]-- A non-profit, faith-based approach to managing debt.
* [http://www.debtsteps.com/ Debt Steps] — Comprehensive reviews to help you protect your financial future.
* [http://www.sorted.org.nz/managing-debt/ Managing Debt] — Learn what debt means for your overall financial situation and how you can control debt, and avoid it controlling you.
* [http://www.ftc.gov/bcp/conline/pubs/credit/repair.htm Credit Repair: Self-Help May Be Best] — Only time, a conscious effort, and a personal debt repayment plan will improve your credit report.
*[http://consumer-debt-consolidation.com/ Debt Consolidation Help]- Consolidate your debt into one payment.
* [http://money.cnn.com/pf/101/lessons/9/index.html/ Controlling Debt] - CNN and Money Magazine break down the top things to know about debt.
* [http://www.usaweekend.com/99_issues/990822/990822finance.html/ Good debt vs. bad] - USA Weekend Magazine establishes some borrowing guidelines to avoid bad debt.
*[http://promise.ecol.net/finance/bankrupt.htm Bankruptcy and Restructuring Debt] - Gives advice on the advantages and disadvantages of bankrutcy and restructuring debt.
*[http://creditinfocenter.com/debt/settle_debts.shtml/ Settling Debts] - Learn ways to settle debts including dealing with creditors
*[http://creditinfocenter.com/loans/studentloans.shtml/ Student Loans] - Find info on student loans from different types to advice on when you default on your loan.
*[http://www.pueblo.gsa.gov/cic_text/money/credit-record/t_crrecord.htm/Building A Better Credit Record]-Gives information on consumer reporting agencies, ways of improving and dealing with debt, and avoiding scams from agencies who provide help in solving debt.
*[http://www.pueblo.gsa.gov/cic_text/money/managing-debt/mangdebt.htm/ Managing Your Debts: How to Regain Financial Health]-Provides you with some remedies for your relationships with creditors, reducing your debts,and helping you manage your money.
*[http://www.edebtfree.org/ccc.htm/ Credit Counseling]-Provides you with information on credit counseling.
*[http://www.edebtfree.org/consolidation.htm Debt consolidation loans]-Provides you with information on debt consolidation.
* [http://www.ftc.gov/bcp/conline/pubs/credit/fiscal.htm Choosing a credit counselor]-This site gives advise on choosing a credit counselor.
* [http://www.reducecarddebt.com/debt_consolidation_review.htm Reducing Credit Card Debt and Debt Consolidation]-This site explains that there is always a way to become debt free, no matter what the circumstances are.

=== Statistics ===
* Anonymous. "Graduates learn a lesson in debt management." ''Credit Management'' (May 2003): 12.
* Oglivie, Donald G. "A view of the economy." ''The Kansas Banker'' 89.1 (Jan 1999): 20.
* Mapother, William R. "Taming Consumer Debt." ''Credit Union Magazine'' 70.4 (Apr 2004): 72.
* Anonymous. " 7 Debt - counseling warning signs." ''Essence''. 34.6 (Oct 2003): 120.
* Anonymous. "All change at CCM." ''Credit Management'' (May 2003): 21.
* Anderson, John H. "An introduction to bankruptcy." (Apr 2003): 27.

== Print Resources ==
=== Articles ===
* Allen, Mary and Chantal Vaillancourt. “Class of 2000: Student Loans.” ''Canadian Social Trends'' 74 (2004): 18.
* Anonymous. "7 Debt - Counseling warning signs." "Essence" 34.6 (oct 2003): 120.
* Brown, Monique R. "Debt Dilemma." ''Black Enterprise'' 31.11 (Jun 2001): 326.
* Goldwasser, Joan; Lankford, Kimberly. "Where To Go For Help." ''Kiplinger's Personal Finance'' 55.11 (Nov 2001): 77.
*Hynes, Richard M. "Overoptimism and Overborrowing." ''Bringham Young University Law Review''2004.1 (2004): 127.
* Kuykendall, Lavone. "Sallie Mae Gets Into Business Of Buting Bad Debt." ''American Banker'' (Sep 2004): Vol 169. pg 17.
* Lee, Karl. " Secured Credit Lines." ''The Shooting Industry'' 48.10 (Oct 2003): 15.
* Lim, Paul J. "How to improve your credit profile." ''U.S. News & World Report'' 6/17/2002, Vol. 132 Issue 21, p42.
* McClannahan, Rory. "Simple Steps can curb debt, New Mexico Expert says." ''Knight Ridder Tribune Business News'' (Jun 2004): 1.
* Morris, Valerie. "Should You Consider Debt Consolidation." ''Essence'' 33.11 (Mar 2003): 103
* Rowland, Mary. "Good Credit gone Bad?" ''NEA Today'' 16.5 (Jan 1998): 38.
* Ryan, Mike. "Qualifying Your Collection Agency: Ask the Right Questions." ''Business Credit'' Sep2004, Vol. 106 Issue 8, p65, 2p.
*Sandberg, Erica. "The Value of Financial Planning and Debt Reduction Services for Employees and Employers." ''Employee Benefits Journal'' 27.4 (2002): 37.
* Scott, Matthew S. "Q & A: What about debt management?" ''Black Enterprise'' (Aug 2004): 44.
* Vogt, Katherine. "Climbing Out Of Debt." ''American Medical News'' (Feb 2004): Vol 47. pg 13.
* Stav, Julie. "Scoring Good Credit." ''Hispanic'' (Nov 2004): Vol 17. pg 42.
* Young, Gary. "Does the 'Fourth Option' Exist." ''National Law Journal'' (Jun 2004): Vol 26. pg 15.
* "Coming To Terms" ''NEA Today'' 16.5 (Jan 1998): 38.

=== Books ===
* McNaughton, Debra. ''All About Credit''. Chicago: Dearborn, 1999.
* Hammond, Bob. "Life Without Debt." New Jersey: Career Press, 1995.
* Leonard, Attorney Robin. "Bankruptcy." Berkley: Nolo Press, 1998.
* Fisher, Sarah Young. "The Complete Idiots Guide To Personal Finance In Your 20's and 30's." Indianapolis: Alpha Books, 2002.
* Heady, Robert. "The Complete Idiot's Guide to Managing Your Money." New York: Alpha Books, 1999.

=== Journals ===
* Cressy, Robert C. "Debt rescheduling versus bankruptcy: The creditor's decision problem." ''Journal of Business Finance & Accounting''; Oct96, Vol. 23 Issue 8, p1141, 16p
* Hynes, Richard M. "Overoptimism and Overborrowing" ''Brigham Young University Law Review''; 2004, Vol. 2004 Issue 1, p127, 42p

----

[[Debt Relief]]

Micael, Jeff. "Repair Your Credit and Knock Out Your Debt".

Debt Relief: Research Reports

2004-12-01T00:19:46Z

Tharris:

Debt Relief: Research Reports

2004-12-01T00:19:04Z

Tharris:

Progress Report

2004-11-11T21:03:50Z

Tharris:

Enter weekly progress reports here
Hello my name is Miaona Jones.

To the coordinators Amy & Jefferson,
Week of Nov. 9&11- Group A--Mark, Mary, & Shirmelia--the interview group started and completed the following pages:Collection Agency, Bankruptcy, & Debt Management.

To Amy & Jefferson:
I obtained information from a website called youngmoney.com., but this site is not just for the young. This site informs college students how to stick to a budget, how to avoid debt, and how to get out of debt.

Debt Relief:Bibliography

2004-11-09T20:59:51Z

Tharris: /* Articles */

This is currently a working bibliography. Please be consistent; when in doubt, follow the format of what is already posted. All print resources should use [[What is MLA documentation style? | MLA Documentation Style]].

== Web Resources ==
=== Articles ===

Bullimore, Nicola. "The Effects of Consumer Debt" 04 November 2004. 7 November 2004 http://www.ezinearticles.com/?The-Effects-of-Consumer-Debt&id=5211

Wilding, David."Don't Wait For The Perfect Situation To Pay Down Your Debt" 28 October 2004. 7 November 2004 http://www.ezinearticles.com/?Dont-Wait-For-The-Perfect-Situation-To-Pay-Down-Your-Debt&id=4895

''These articles were taken from Galileo and also of the Proquest link in that same site. They deal with how to eliminate debt, laws regarding nonprofit financial-counseling companies, and other forms of credit management.''

Hayes, Richard M. "Overoptimism and Overborrowing" Brigham Young University Law Review.Provo:2004.Vol.2004,Iss.1;pg.127,42pgs
http://proquest.umi.com/pqdweb?index=4&TS=1099961626&sid=37srchmode=1&vinst=...

Jean, Chatzy & Bigda, Carolyn. "Weapons Of Mass Debt Destruction" Money; Sep. 2004, Vol.33 Issue 9, p57, 1p, 1c
http://web30.epnet.com/citation.asp?tb=
1&_ug=sid+4EAA7F82%2D0382%D4557%2D9363%2DF57B...

Jean, Chatzy. "Which Debts Do You Attack First?" Money; Nov. 2004, Vol.33 Issue 11, p71, 1p, 1c
http://web30.epnet.com/citation.asp?tb=1&_ug=sid+4EAA7F82%2D0382%D4557%2D9363%2DF57B...

Shean, Tom. "Virginia Bill Would Allow Debt Counselors To RAise Fees" Knight Ridder Tribune Business News.Washington:Mar 1,2004. pg.1
http://proquest.umi.com/pqbweb?index=3&did=000000566566991&SrchMode=1&sid=3...

Sandberg, Erica. “The Value of Financial Planning and Debt Reduction Services for Employees and Employers”. Employee Benefits Journal 12 (2002): Vol. 27 Issue 4. EBSCOhost. 9 Nov. 2004. GALILEO <www.galileo.usg.edu>.

The article links financial stability with job function. Erica Sandberg discusses the importance of both, the employees and the employers, as being involved in financial planning and debt reduction for the sake of positive job function. Finally, the qualities of a certified financial planner are discussed.

=== Blogs ===
* [http://finance.baylor.edu/weblogs/garven/ Jim Garven’s Blog] — A blog exploring the intersection of risk management, insurance, and finance.

=== Self Help ===
* [http://www.debtsteps.com/ Debt Steps] — Comprehensive reviews to help you protect your financial future.
* [http://www.sorted.org.nz/managing-debt/ Managing Debt] — Learn what debt means for your overall financial situation and how you can control debt, and avoid it controlling you.
* [http://www.ftc.gov/bcp/conline/pubs/credit/repair.htm Credit Repair: Self-Help May Be Best] — Only time, a conscious effort, and a personal debt repayment plan will improve your credit report.
*[http://consumer-debt-consolidation.com/ Debt Consolidation Help]- Consolidate your debt into one payment.
* [http://money.cnn.com/pf/101/lessons/9/index.html/ Controlling Debt] - CNN and Money Magazine break down the top things to know about debt.
* [http://www.usaweekend.com/99_issues/990822/990822finance.html/ Good debt vs. bad] - USA Weekend Magazine establishes some borrowing guidelines to avoid bad debt.
*[http://promise.ecol.net/finance/bankrupt.htm Bankruptcy and Restructuring Debt] - Gives advice on the advantages and disadvantages of bankrutcy and restructuring debt.
*[http://creditinfocenter.com/debt/settle_debts.shtml/ Settling Debts] - Learn ways to settle debts including dealing with creditors
*[http://creditinfocenter.com/loans/studentloans.shtml/ Student Loans] - Find info on student loans from different types to advice on when you default on your loan.
*[http://www.pueblo.gsa.gov/cic_text/money/credit-record/t_crrecord.htm/Building A Better Credit Record]-Gives information on consumer reporting agencies, ways of improving and dealing with debt, and avoiding scams from agencies who provide help in solving debt.
*[http://www.pueblo.gsa.gov/cic_text/money/managing-debt/mangdebt.htm/ Managing Your Debts: How to Regain Financial Health]-Provides you with some remedies for your relationships with creditors, reducing your debts,and helping you manage your money.

=== Statistics ===

== Print Resources ==
=== Articles ===
* Allen, Mary and Chantal Vaillancourt. “Class of 2000: Student Loans.” ''Canadian Social Trends'' 74 (2004): 18.
* Rowland, Mary. "Good Credit gone Bad?" NEA Today Jan 1998, vol. 16 Issue 5, p38.

=== Books ===
* McNaughton, Debra. ''All About Credit''. Chicago: Dearborn, 1999.
* Hammond, Bob. "Life Without Debt". New Jersey: Career Press, 1995.
* Leonard, Attorney Robin. "Bankruptcy". Berkley: Nolo Press, 1998.

----

[[Debt Relief]]

Debt Relief:Bibliography

2004-11-09T20:59:04Z

Tharris: /* Books */

This is currently a working bibliography. Please be consistent; when in doubt, follow the format of what is already posted. All print resources should use [[What is MLA documentation style? | MLA Documentation Style]].

== Web Resources ==
=== Articles ===

Bullimore, Nicola. "The Effects of Consumer Debt" 04 November 2004. 7 November 2004 http://www.ezinearticles.com/?The-Effects-of-Consumer-Debt&id=5211

Wilding, David."Don't Wait For The Perfect Situation To Pay Down Your Debt" 28 October 2004. 7 November 2004 http://www.ezinearticles.com/?Dont-Wait-For-The-Perfect-Situation-To-Pay-Down-Your-Debt&id=4895

''These articles were taken from Galileo and also of the Proquest link in that same site. They deal with how to eliminate debt, laws regarding nonprofit financial-counseling companies, and other forms of credit management.''

Hayes, Richard M. "Overoptimism and Overborrowing" Brigham Young University Law Review.Provo:2004.Vol.2004,Iss.1;pg.127,42pgs
http://proquest.umi.com/pqdweb?index=4&TS=1099961626&sid=37srchmode=1&vinst=...

Jean, Chatzy & Bigda, Carolyn. "Weapons Of Mass Debt Destruction" Money; Sep. 2004, Vol.33 Issue 9, p57, 1p, 1c
http://web30.epnet.com/citation.asp?tb=
1&_ug=sid+4EAA7F82%2D0382%D4557%2D9363%2DF57B...

Jean, Chatzy. "Which Debts Do You Attack First?" Money; Nov. 2004, Vol.33 Issue 11, p71, 1p, 1c
http://web30.epnet.com/citation.asp?tb=1&_ug=sid+4EAA7F82%2D0382%D4557%2D9363%2DF57B...

Shean, Tom. "Virginia Bill Would Allow Debt Counselors To RAise Fees" Knight Ridder Tribune Business News.Washington:Mar 1,2004. pg.1
http://proquest.umi.com/pqbweb?index=3&did=000000566566991&SrchMode=1&sid=3...

Sandberg, Erica. “The Value of Financial Planning and Debt Reduction Services for Employees and Employers”. Employee Benefits Journal 12 (2002): Vol. 27 Issue 4. EBSCOhost. 9 Nov. 2004. GALILEO <www.galileo.usg.edu>.

The article links financial stability with job function. Erica Sandberg discusses the importance of both, the employees and the employers, as being involved in financial planning and debt reduction for the sake of positive job function. Finally, the qualities of a certified financial planner are discussed.

=== Blogs ===
* [http://finance.baylor.edu/weblogs/garven/ Jim Garven’s Blog] — A blog exploring the intersection of risk management, insurance, and finance.

=== Self Help ===
* [http://www.debtsteps.com/ Debt Steps] — Comprehensive reviews to help you protect your financial future.
* [http://www.sorted.org.nz/managing-debt/ Managing Debt] — Learn what debt means for your overall financial situation and how you can control debt, and avoid it controlling you.
* [http://www.ftc.gov/bcp/conline/pubs/credit/repair.htm Credit Repair: Self-Help May Be Best] — Only time, a conscious effort, and a personal debt repayment plan will improve your credit report.
*[http://consumer-debt-consolidation.com/ Debt Consolidation Help]- Consolidate your debt into one payment.
* [http://money.cnn.com/pf/101/lessons/9/index.html/ Controlling Debt] - CNN and Money Magazine break down the top things to know about debt.
* [http://www.usaweekend.com/99_issues/990822/990822finance.html/ Good debt vs. bad] - USA Weekend Magazine establishes some borrowing guidelines to avoid bad debt.
*[http://promise.ecol.net/finance/bankrupt.htm Bankruptcy and Restructuring Debt] - Gives advice on the advantages and disadvantages of bankrutcy and restructuring debt.
*[http://creditinfocenter.com/debt/settle_debts.shtml/ Settling Debts] - Learn ways to settle debts including dealing with creditors
*[http://creditinfocenter.com/loans/studentloans.shtml/ Student Loans] - Find info on student loans from different types to advice on when you default on your loan.
*[http://www.pueblo.gsa.gov/cic_text/money/credit-record/t_crrecord.htm/Building A Better Credit Record]-Gives information on consumer reporting agencies, ways of improving and dealing with debt, and avoiding scams from agencies who provide help in solving debt.
*[http://www.pueblo.gsa.gov/cic_text/money/managing-debt/mangdebt.htm/ Managing Your Debts: How to Regain Financial Health]-Provides you with some remedies for your relationships with creditors, reducing your debts,and helping you manage your money.

=== Statistics ===

== Print Resources ==
=== Articles ===
* Allen, Mary and Chantal Vaillancourt. “Class of 2000: Student Loans.” ''Canadian Social Trends'' 74 (2004): 18.
* Rowland, Mary. "Good Credit gone Bad?" NEA Today Jan 1998, vol. 16 Issue 5, p38.

[[Link title]]=== Books ===
* McNaughton, Debra. ''All About Credit''. Chicago: Dearborn, 1999.
* Hammond, Bob. "Life Without Debt". New Jersey: Career Press, 1995.
* Leonard, Attorney Robin. "Bankruptcy". Berkley: Nolo Press, 1998.

----

[[Debt Relief]]

LitWiki:Community Portal

2004-11-05T00:34:35Z

Tharris:

Welcome to '''LitWiki’s Community Portal''', a central point to highlight members of the community and their contributions to LitWiki. Feel free to add your contributions to this page. Practice your editing skills in the [[sandbox]].

{| align="center" width="99%" style="background-color:#CCCCCC; padding:2px; border:1px solid gray"

|bgcolor="#FFFFFF" rowspan="2" valign=top style="border: 0px solid black;padding-left:1em;padding-right:1em;"|

== Project Credits ==

* Fall 2004 [[English Composition I | ENGL 1101]] course: [[User:Mpatmon | Melvin Patmon]] and [[User:MRish | Mark Rish]].

* Fall 2004 [[Professional Communication | ENGL 3106]] course: [[User:Tharris | Tabatha Harris]], [[User:Miaona Jones | Miaona Jones]] . . .

* Fall 2000 [[Literary Terms]] was started by my Introduction to Literature class at [http://www.usf.edu/ USF].

* Fall 1998 [[The Odyssey Summary]] was begun by my Literature of the Western World class at [http://www.usf.edu/ USF].

|- valign="top"
|bgcolor="#CCCCCC" valign="top" width="200" colspan="2" style="border: 0px solid black;padding-left:1em;padding-right:1em;"|

==About==

LitWiki is written for students by students. Be sure to check out or [[purview]] if you’d like to contribute to our wiki. Since this is an educational wiki for [[User:Glucas | Dr. Gerald Lucas]]’ classes, contributions are by account only.

== Sister Sites ==

* [http://litmuse.maconstate.edu/ LitMUSE]
* [http://humanities.maconstate.edu/ MSC Division of Humanities]

|}

__NOTOC__ __NOEDITSECTION__

User:Tharris

2004-10-28T23:23:06Z

Tharris:

Hi, my name is Tabatha.