• Debt Settlement vs. Chapter 13 Bankruptcy

    By Charles
    In March 22, 2006
    Under the new bankruptcy rules, a lot more people will be forced into Chapter 13 bankruptcy versus the preferred Chapter 7. The major difference, of course, is that Chapter 13 represents the worst of both worlds. You get the giant B-word tattooed to your forehead (well, your credit report...
  • Debt Collection Attorneys Subject to FDCPA — 6th Circuit Gets It Right!

    By Charles
    In March 21, 2006
    Debt collection attorneys who file affidavits in state courts in order to obtain wage garnishments can be sued by consumers under the Fair Debt Collection Practices Act. This key decision, unheld on appeal to the 6th Circuit Court of Appeals, is an important victory for consumer advocates and other...
  • New Bankruptcy Law Backfires — 97% Unable to Repay Debts

    By Charles
    In March 20, 2006
    A big “thank you” to the National Association of Consumer Bankruptcy Attorneys. In a recent press release, they reported on the results of a survey of more than 60,000 consumers who were filing for bankruptcy under the ridiculous new law that went into effect last October. One of the...
  • About Me

    By Charles
    In March 10, 2006
    Comments off
    Charles J. Phelan has been helping people become debt-free without bankruptcy since 1997. A former executive in the debt settlement industry, he teaches the do-it-yourself method of debt negotiation. Audio-CD material plus expert personal coaching helps consumers achieve professional results at a fraction of the cost.