It does not matter what type of debt you accumulated. If you have outstanding debt and seek help, there is some debt consolidation management program or credit card debt settlement program available that could be the solution to your debt problem.
The Tax Implications of Debt Settlement and Why Chances Are You Shouldnt Care
This article summarizes the tax implications of debt settlement and why chances are you will still be in a better position financially by enrolling. For most consumers, they are technically insolvent at the time of settlement, which makes them exempt from owing taxes on the savings.
The Credit Implications of Paying the Minimums on Credit Cards
This article discusses the financial implications of only paying the minimums on your credit cards. It provides an analysis of the proper mindset one must use when dealing with credit issues.