Guides & Articles on Debt Management

BlackBerry 7100

Compare and shop for BlackBerry 7100 mobile phones

BlackBerry 7100 cell phones came out in 2005 as one of the most cutting-edge mobile phones ever released. Offering the smartphone and e-mail features of past BlackBerry offerings, the BlackBerry 7100 phones were designed to also better resemble and function more like a traditional handset.While the BlackBerry 7100 mobile phones have been replaced on the market with newer ...

Business Debt Consolidation Education and Training

Assure your business's success by arming your staff with business debt education and training

Excessive business debt is sometimes incurred due to business expansions, unexpected expenses or even poor management of finances. Typically, consolidating business debt may be a viable option for you if you see trends that your business expenses are currently, or could in the very near future, exceed your business revenue. Or you may be in a position as a financial adviser or...

Collection Letters That Work

Get the money you're owed quickly without hiring a collection agency

Nobody wants to send or receive a collection letter, but a well-crafted note can get you the money you're owed without causing undue friction with your clients and customers. Besides avoiding the cost of working with a collection agency (and the hassle and embarrassment for your customers), a good dunning letter gives clients who may have made an honest mistake a chance to put...

Credit Card Debt Management Basics

Build sound business fiscal policy with credit card debt management basics

The most convenient way for your employees to charge business expenses is through business credit card debt. However, if you can effectively implement credit card debt management basics, it doesn't have to become a burden to the business. So many business credit cards use offers of 0% interest and other sweeteners that make it enticing to carry a balance while you have other...

Credit Card Debt Management Industry Overview

Utilize a credit card debt management industry overview to improve your company's finances

Almost every business carries some form of debt, but credit card debt management is of special interest. Credit card debt can damage the fiscal fitness of a company, if left unchecked. Therefore, it's important that you understand how the business credit card debt management industry operates. Many times debt management companies that don't have your best interests at heart will...

Credit Card Debt Management Key Terms

Learn credit card debt management terms to help your finances

For a business, credit card debt management may mean finding a way to restructure debt so that it is more affordable to pay down. Businesses that are considering bankruptcy are often better off turning to other methods of reducing debt obligations. Business bankruptcy laws have made it more difficult for a business to get out of debt easily. For this reason, businesses should...

Credit Card Debt Management

Eliminate credit card debt using credit card debt management tools

A credit card can be a useful tool, but too often balances pile up and interest rates ratchet higher than you bargained for. Credit card debt management is not rocket science: It's a simple plan to eliminate credit card debt without having to declare bankruptcy in the process.Credit counseling can be part of the solution, and in some instances, paying for a debt management plan...

Debt Consolidation for Small Business

Get out of the red with better money management

A big balloon of business debt is enough to drown even the most optimistic entrepreneur. Consolidating pay-outs with these steps will help you see less red and more green: Make a complete accounting. Negotiate with your creditors. Work with a pro.

Debt Recovery Basics

Learn about debt recovery basics

Pay close attention to your internal business debt recovery efforts. Use daily metrics to track the effectiveness of your strategies to collect on funds that are owed to your firm. A healthy cash flow cannot be maintained when the funds outstanding become larger and spread out across a number of customers.Schedule regular meetings with your accounts receivable manager to discuss...

Debt Recovery Key Terms

Boost your collection practices by understanding and employing a debt recovery program

Having bad or old debt on the books of your business hurts the bottom line. Debt recovery programs provide an answer to collecting those debts. These programs use a combination of collection letters and phone calls to encourage debtors to pay up.Whether you plan to start an in house debt recovery program or outsource your bad debts, knowing the key terms you will run across during...

Debt Settlement Education and Training

Learn about negotiating debt settlement

Debt settlement is a vital tool for many small businesses that are struggling to keep up. Whether a business is in debt due to a business credit card or other loans, debt negotiation can help the company out of a downward financial spiral. Commercial debt negotiation can be conducted by a debt negotiation service, or the debtor can handle it by contacting each creditor and trying...

Debt Settlement Key Terms

Build a vocabulary to help you get out of debt

Debt settlement is the process of negotiating how debts too large to be repaid will be handled. In this case, an ounce of prevention is worth a pound of cure, but sometimes debt just can't be avoided. Once you're in dept too deep, it's time to settle. You can do this on your own or you may wish to seek the aid of a consumer or business credit-counseling...

Debt Settlement for Beginners

Learn about the basic process associated with how to clear debt

Debt negotiation is the process of reducing or eliminating both secured or unsecured debt from an individual or corporation who can no longer pay for the debts they owe. A debt settlement program is usually performed as a way to stave off bankruptcy and pay back as much of the debt as possible with the hopes of limiting the adverse effect on an individual or corporate credit...

Debt Settlement

Use debt negotiation to save your business

Debt settlement is an option used by businesses in financial trouble. Debt settlement companies contact creditors and negotiate lower debts. For example, a creditor might allow a business to pay back 50% less than the amount owed. It benefits the creditor because they still get a portion of their money, which is more than they get if the business files for bankruptcy. Payment...

Personal Bankruptcy

See how declaring personal bankruptcy can influence your financial future

Sometimes because of financial circumstances beyond your control, declaring personal bankruptcy becomes the most logical option. Because of the societal stigma associated with filing personal bankruptcy, you may try other options that just get you deeper into debt. While personal bankruptcy is a crucial decision, it is not the end of the world and you can emerge from it in a...

Using Business Debt Consolidation

Using business debt consolidation is a great way to manage excessive debt

Using business debt consolidation loans is a common way for businesses to get their finances back on track by paying off debts with multiple creditors. A business consolidation loan allows businesses to obtain one loan to pay off other business debts. This means that rather than making multiple monthly payments to different creditors, businesses can make one monthly loan payment.A...

Using Debt Recovery

Learn about using debt recovery

Invest the time to expand your knowledge and understanding of business debt recovery. There are federal and state laws surrounding acceptable business practice for the recovery of business debts, as well as the filing of bankruptcy and corporate debt restructuring. Learn the key concepts to ensure you make the best possible use of debt recovery services.Talk with your accounting...