enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Debt Consolidation vs. Debt Settlement: Which Is Best for You ...

   www.aol.com/debt-consolidation-vs-debt...

   Debt settlement could cost more in fees and taxes, as settled debt is taxable. Timeframe : Paying off consolidated debt might take several years, depending on your balance. The debt settlement ...

3. How to tell if debt settlement is a good idea for you - AOL

   www.aol.com/finance/tell-debt-settlement-good...

   In some cases, a debt settlement and its circumstances, such as missed payments and charged-off debt, can lead to a more than 100-point decrease in your credit score. The negative marks may remain ...

4. Debt relief: Pros and cons - AOL

   www.aol.com/finance/debt-relief-pros-cons...

   Debt settlement is a process that lets you settle large amounts of debt for less than you owe, and it is offered through for-profit debt settlement companies. Typically, these programs ask you to ...

5. What is debt settlement and what are the risks? - AOL

   www.aol.com/finance/debt-settlement-risks...

   When your bills are overwhelming, debt settlement is one way forward.

6. Debt settlement - Wikipedia

   en.wikipedia.org/wiki/Debt_settlement

   A portion of each payment is taken as fees for the debt settlement company, and the rest is put into the trust account. The consumer is told not to pay anything to the creditors. The debt settlement company's fees are usually specified in the enrollment contract, and may range from 10% to 75% of the total amount of debt to be settled. [13]

7. Charge-off - Wikipedia

   en.wikipedia.org/wiki/Charge-off

   The purpose of making such a declaration is to help support a tax deduction for bad debts under Section 166 of the Internal Revenue Code. In that respect it is a form of write-off. Bad debts and even fraud are simply part of the cost of doing business. The charge-off, though, does not free the debtor of having to pay the debt.