Introduction It's stressful enough to get a call from a debt collector, but the stress can be too much when a law firm arrives. Suddenly,...

The relentless pressure of business debt can feel like a weight threatening to sink your entire operation. When cash flow is constantly...

Finding yourself buried in debt can feel overwhelming, and for many, debt settlement looks like a way to finally breathe again. But while some companies provide real relief, others take advantage of people’s financial stress.  Debt settlement scams are on the rise, costing Americans hundreds of millions of dollars each year. In fact, the Federal Trade Commission  reported that consumers lost over $12.5 billion to fraud in 2024, with debt-related scams ranking high among the c

Can you buy your own debt? While appealing, the process of buying your own debt is complex and impractical for individuals. Debt buyers typically purchase portfolios for around 4 cents per dollar of debt ,  requiring significant capital and legal expertise. A key challenge is that debt is sold in bulk, making it nearly impossible to target your own.   A more practical solution is negotiating a debt settlement directly with creditors. This blog explores the challenges of buyin

Commercial debt recovery is a critical process for businesses looking to maintain healthy cash flow and minimize financial risks. Both...

When it comes to managing overwhelming debt, understanding the national debt relief pros and cons is an essential first step. Debt...

With U.S. credit card debt hitting a record $1.17 trillion  in the third quarter of 2024 and interest rates averaging around 16%, many...

Act quickly when served papers for debt. Respond to avoid default judgments. File an Answer and consider settlement. Protect your rights no

Discover how to avoid paying taxes on debt settlement dealing with canceled debt income and Form 1099-C. Take advantage of exceptions today!

Discover effective debt settlement strategies to reduce what you owe. Learn the process, its impact on credit, and how to settle debts for l

As of December 2024, total U.S. household debt reached a historic $18.04 trillion , with the average American household owing...

Did you know that most Americans owe $986 billion and struggle with substantial credit card debt?

Shepherd Outsourcing helps you learn about IRS tax debt solutions and other relief programs that can help manage financial hardship.

When you are dealing with multiple credit cards, personal loans, or other financial obligations, managing debt effectively is crucial

As of August 2024, small businesses in the U.S. hold approximately $800 billion in debt. Around 45% face significant repayment...

DIY debt settlement can save time and avoid fees while settling debt for less, but requires delinquency and strong negotiation skills.

Understand loan settlement & explore methods to avoid it, such as bankruptcy, debt consolidation, refinancing your loan.

Collection agencies recover outstanding balances, contact debtors, notify about the amount owed, and can even file lawsuits for debt recover

Explore the process of car loan settlement, its impact on credit scores, and potential tax implications.

Jenny felt her heart sink when she got the notice - her unpaid medical bills had been sent to collections. She knew dealing with this...