If you are interested in getting rid of your debt without having to file for bankruptcy, you most look at your financial status, come up with a plan that is going to be effective, and start taking steps to getting rid of your debt.
As a small business owner trying to grow your business, the last thing you want is to see your company suffer financially. There are various methods to help you keep debt away from your business and profit in your pocket. Here are some of PCS’s tips for small business owners trying to avoid debt:
Each year, as taxpayers, we receive a portion of what we are owed from federal and state tax refunds. This refund can help those in financial hardships recover quickly, as most refunds are deposited 21 days after you file your claim to the IRS. This refund can also serve as a bonus to repay yourself if you are ready to take a vacation or want to make a special purchase for yourself.
Your refund can be […]
Why you filed bankruptcy is your business. What happens after filing bankruptcy and your evaluation of what lead you to do so that can help your future financial goals.
Choosing to file bankruptcy is a personal decision.
- Unexpected or sudden job loss?
- Overwhelming medical expenses?
- Unmanageable or out of control debt?
Again, your reasons are unique to you.
When you are faced with a financial nightmare and aren’t sure what options you have, our credit advisors can help you determine your best option. This solution might be credit counseling, debt settlement, or applying for reduced monthly payments and lower interest rates with your creditors. The preferred method of eliminating debt is often debt settlement, but you must be eligible for this program. That leads us to the question, “Am I qualified for debt […]
The word “debt” sounds as heavy as it feels. And it doesn’t matter if you’re under a mountain or a small mound of it.
Eliminating debt is one thing. Staying out of debt is another.
Each can have a lot to do with your perspective or your mindset about it.
Financial writer, Holly Johnson reminds that getting free from debt isn’t that you’re “…smarter or better than people who just can’t seem to get out of debt; very […]
We all know that credit cards impact your credit score. But there are so many unknowns when it comes to how to use them to your advantage. Opening a line of credit is one of the easiest ways to begin establishing a credit history. But, applicant beware as there are some things to consider first.
How many credit cards is the right amount? A healthy number of credit lines (including credit cards) is anywhere from 11 […]
If you realize your spending has gotten messy and needs some cleaning up, here is what you might want to do. Develop a list of your credit card balances, all outstanding balances for that matter. Then, once you have a clear picture of what you owe, organize the debts from least to greatest. Pay off your debt beginning with the smaller account balances. The best way to do this is to make your minimum payments […]
Quality and value matter especially if you’re interested in controlling spending and debt. That reality gives all the more meaning to the holiday season mantra of “the-gift-that-keeps-on-giving.”
And it applies to showing appreciation to your employees.
With lenders tightening the reins on borrowers and prices for everything on the rise, many companies are straining under the weight of growing debt. Don’t believe that bankruptcy is your only option. Here are six ways you can get your company out of the red permanently:
How about putting yourself first this holiday season? Let’s take a moment to consider what you really want. More than likely it is peace of mind. Your credit standing impacts your peace of mind heavily. Let this year be different than last year, the year before that and all the years you can recall where you spent beyond your means and then paid for it all year long.