mortagesandforeclosures

by Bob Jones

Where can you get information on debt consolidation and reduction? It's really not that difficult to find; and the debt consolidation information is usually available free in some localities! If you have a bad credit status, then you can get debt consolidation information by reading the free do-it-yourself kits at the local libraries and acting upon them. Debtors should go to the local public library to read debt self-help books that will show you from beginning to end the steps of paying off or consolidating your debts all the way to actual credit repair.

The majority of libraries will allow you to copy and print the forms inside the guides. This means you can simply fill in the blanks and submit the forms to the right sources. By doing this, you will soon be on your way to debt relief. This is probably one of the most convenient sources of debt consolidation information.

All creditors would rather debt information in written form rather than a phone call, since the letters explain in more detail than an ordinary telephone conversation will and it is also hard evidence in court as well. In addition, letters are also better for you too, because, if you are being taken to court for the debts you owe, you will have hard evidence too proving that at least you made an effort to sort out your debts. Written information holds up in court and is better in any situation than verbal evidence.

Therefore, you should keep copies of all the letters you send and all the letters from your creditors. This should include recording phone conversations it is worth getting a machine, recording dates, recording time, and definitely recording the name of the person who called you. You will provide a precise|brief outline| of the conversation and keep the files in a safe place. This could all be very useful debt consolidation information.

If you find errors on your bills or anything that seems weird, don't delay in taking it upon yourself to contact the creditors immediately. Also, if you own a credit card, and they try to force you to pay debts on damaged packages, remember that it is illegal in America for anyone to try to force you to pay for damaged goods, so long as you did not cause the damage yourself.

The Internet can be just as useful font of debt consolidation information, but not everyone has an Internet connection or is competant at using it and debt is such a personal and often embarrassing subject that very many people would be reluctant to ask someone else to help them search the Internet for debt consolidation information.

Debt consolidation is usually a very long process, but if you obtain the right debt consolidation information, you will find a way to pay off your debt bit by bit and you will eventually reap the rewards of your efforts when you at long last become debt free.

About the Author:

If you have fallen on hard times and are thinking aboutDebt Consolidation Loans, please visit our web site entitled Debt Consolidation and Reduction

Get all the information and photos:: http://mortgagewide.info/what-is-debt-consolidation/