Bad Debt Goes Away After Seven Years, Right?

Wrong. First of all, you shouldn’t let bad debt linger, and seven years is way too long! Clients give me this line all the time. I think they really hope that it’s true, and it sounds somewhat logical, but, no. It doesn’t work that way. Generally speaking, there is a...

THAT’S on my credit report? Now what?

In the market for a car or your first home? Do you know what’s on your credit report? You may find that your report is full of old claims, lost credit cards, or worse, accounts opened by identity thieves. Your credit report is your responsibility. Not only...

OLD DEBT? DOESN’T IT EVER GO AWAY?

Wouldn’t it be nice to say “Goodbye!” to all of your credit card debt?  We sometimes get the feeling that debts, which have gone dormant, have actually gone away.  That’s not necessarily true. While it’s generally true that certain debts must be sought within four...