Monthly Archives: February 2015


St. Louis, MO (PRWEB) January 22, 2015

Opening up a new credit card that charges zero interest sounds like it’s too good to be true.

That’s because it usually is — especially if the card user had been hoping to use these credit cards to help pay off debts.

According to the Washington Post (1/8/2015), these zero-interest credit cards, which have become more numerous in recent months, allow consumers to transfer their other higher-interest credit card balances to a new account. What many consumers don’t realize, however, is the limited amount of time they have to do so. Some 0% interest credit cards give consumers about 90 days to transfer their debts — while others only give 30 days.

As a result, people unaware of their new card’s transfer deadline can end up losing the chance to take advantage of this offer, and miss out on relief from high interest rates that have crippled many individuals’ personal finances.

In addition, many consumers who open up a zero-interest credit card with hopes of using it to repay their debts might be in for a surprise, according to Charles Huber, Principal at the Law Office of Charles Huber.

“If things are out of hand, it is just delaying the inevitable,” Huber, a Chapter 7 and Chapter 13 bankruptcy attorney, says. “In such a case, if you end up filing bankruptcy anyway a short time later, the company to which you transferred the balance may claim they are a victim of fraud, because you paid off the old balance and left them with a large balance you are trying to wipe out in the bankruptcy.”

Because of this, Huber says it’s important for individuals for whom a bankruptcy filing might be inevitable to avoid these zero-interest credit cards entirely.

“It seems like these cards would only help people pay off a manageable amount of debt,” he says. “If things are out of hand, it is just delaying the inevitable. The 0% interest rate is to entice you. Later on, the interest rate will go up, and there may be fees that were not expected.”

Ultimately, bankruptcy is the only guaranteed way an individual can pull him or herself out of overwhelming debt and get a clean financial slate.

“Bankruptcy is the cheapest and surest way to get out of debt and get a fresh start,” Huber says. “There is no minimum amount of debt you need to have. Most people know if they can dig out of debt on their own, or if they should file bankruptcy. The important thing is to be honest and objective, and leave emotions out of the decision.”

About the Law Office of Charles Huber:

The Law Office of Charles Huber is a St. Ann, Missouri based private law practice that provides legal services to clients with bankruptcy and traffic issues. Charles H. Huber is a member of the Missouri State Bar Association and has been practicing law for 30 years. For more information on the Law Office of Charles Huber, visit http://charleshuberlaw.com.








Chardon, Ohio (PRWEB) December 16, 2014

e2b teknologies, publishers of the popular Anytime Collect accounts receivable management software, announced a partnership today with author and industry expert Michelle Dunn to provide businesses with a comprehensive resource kit to help them implement best practices for accounts receivable credit and collections.

“Michelle Dunn is simply an amazing woman,” said e2b teknologies President Lynne Henslee. “We’re excited to offer her collection letter templates and call scripts for our customers along with personalized consulting services so that she can work with our customers to adapt her proven methodologies to their specific business needs.”

Embedded within Anytime Collect, the Dunn Collecting resource kit includes pre-defined collection letter templates and call scripts based on Dunn’s award-winning business books and decades of experience working with companies across a variety of industries. It also includes a library of pre-recorded videos, and two hours of one-on-one consulting with Dunn to tailor her best practices to specific business requirements.

“Our partnership with Anytime Collect provides a software platform to help organize credit and collections activities with direct access to the dunning letter and collection templates and call scripts that I’ve been sharing with businesses for years,” said Michelle Dunn. “I couldn’t be happier with the partnership and look forward to helping Anytime Collect customers to implement best practices within the context of the Anytime Collect system to gain new efficiencies. It’s truly a fantastic partnership that will help our mutual customers to maximize their investment with a tremendous return on investment.”

Dunn Collecting is available for new and existing customers of Anytime Collect as an optional module to extend their accounts receivable management software. More information is available on the Anytime Collect website.

About Michelle Dunn

Michelle Dunn is the nation’s top expert on credit and debt collection. She has many published books on the subject and over 24 years of experience in the industry. She has written the first textbook on credit and collections for colleges across the nation who have added credit and collections to their curriculum. Michelle started M.A.D. Collection Agency in January 1998 and ran it successfully before selling it 8 years later to write full time. Michelle has been featured in major media outlets and provides accounts receivable consulting services to businesses.

About Anytime Collect

Anytime Collect, published by e2b teknologies (e2btek.com) , is a leading cloud-based accounts receivables management system integrated to leading ERP accounting systems including Intuit QuickBooks, Epicor, Sage ERP, Microsoft Dynamics, and others. Anytime Collect is designed specifically for businesses selling to other businesses on credit terms as opposed to other software designed for credit agencies or business to consumer credit and collections.







Related Credit Debt Press Releases

Clarence Gomery pleads guilty ahead of trial in Traverse City murder-for-hire case
Gomery filed for Chapter 13 and 7 bankruptcy protection in an attempt to discharge the large debt owed to Topous, who sued Gomery in 2012. Topous, a convicted sex offender and $ 57 million lottery winner, was a former client of Gomery's whom the accused …
Read more on MLive.com

Long Island Attorneys Blutter & Blutter Discuss How to File a Chapter 13
The experienced law firm has recently published a detailed discussion on their blog offering detailed information on filing a Chapter 13 bankruptcy. Blutter & Blutter is known for their focused and personalized service that maximizes their clients …
Read more on Newswire (press release)


EDINBURGH, SCOTLAND (PRWEB) November 12, 2014

The new service gives businesses the means to protect against the far-reaching impacts of losing a key member of staff through death or incapacity. It offers whole of market research to find the best competitively priced policy and provide a fixed amount of compensation on payout to help ensure business continuity.

Keyman Insurance can help a business mitigate some of the expense of dealing with the loss, which could include finding and training a replacement member of staff. In addition, it also ensures that creditor and supplier confidence doesn’t financially impact the business during a crisis by covering debt repayments and reimbursement for staff/director loans.

A spokesperson for SimpleFS.co.uk said: “Keyman Insurance probably the most important policies a business can have. If a business lost a key member of staff the functionality of their business would suffer and the financial costs can be staggering, and often financially crippling.

“A Key man policy is almost like a life insurance policy for a business, and will provide a fixed lump sum of compensation to cover anything from having to recruit a new member of staff to covering loss of profits if important projects are delayed or cancelled. Even the costs of having to pay out or alter agreements where the person is a guarantor for business loans or baking facilities are covered.”

In recent years the impact of not having Keyman Insurance could clearly be seen when Carter & Carter Group plc. CEO Philip Carter (also non-executive director of Chelsea Football Club), died in a helicopter crash. When his death was announced, the company’s share price dropped 20 percent and the company was finally suspended from trading on the stock exchange.

“The impact of the loss of a key person in a business cannot be underestimated. High flyers and performers inspire confidence to shareholders, board members and creditors, and can often make up a substantial proportion of the value of a business. Having Keyman Insurance ensures that should the unthinkable happen the worst effects can be overcome, helping the business find a way to keep on trading.”

About Simplefs.co.uk

Simplefs.co.uk provides advice on business debt and financial solutions.







Caesars bankruptcy venue decision near
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Bankruptcy case in Austin has ties to Texas technology fund
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Mt. Gox Parent Follows Defunct Exchange Into Ch. 15
Law360, New York (February 04, 2015, 1:54 PM ET) — The parent company of defunct bitcoin exchange Mt. Gox filed for bankruptcy protection on Wednesday, days after being forced into an insolvency proceeding in Japan, seeking shelter from U.S. lawsuits …
Read more on Law360 (subscription)

Bankruptcy does more damage to you and the people around you than you think! In all cases, it is best to avoid bankruptcy. Bankruptcy seems to be the most co…

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Julie Soforenko spoke at our Financial Literacy at the Library program

Image by Newton Free Library
Julie Soforenko, Community Outreach Coordinator for American Consumer Credit Counseling, presented a very informative talk on banking services for our Financial Literacy at the Library program on November 17, 2010 in Druker Auditorium. This seminar was the first in a series of FDIC Money Smart Adult Education programs.

Reverse Mortgage Counselors Prepare for New Rules With Hurdles Ahead
“I will be taking an upcoming webinar – primarily designed, it appears, for servicers and underwriters – but so far there has been little provided so we, the counselors, can be adequately prepared,” says Ed Beckstrom, of Illinois-based Consumer Credit …
Read more on Reverse Mortgage Daily

About Half of Homebuyers Do Not Shop Around for Mortgages
NEW YORK (MainStreet) — About 50% of home buyers do not bother to shop around for a mortgage when buying a home, according to a newly released report by the Consumer Financial Protection Bureau (CFPB). Indeed, Americans seem penny wise and …
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United Way throws a community party
United Way partner agencies include American Red Cross, Oahe chapter, Capital Area Counseling Services, Central SD Child Assessment Center, Central South Dakota RSVP, Community & Youth Involved Center, Consumer Credit Counseling Services, …
Read more on The Capital Journal

A SkyMall Exit Interview
By now you've heard the news that SkyMall has filed for bankruptcy. Unfortunately, this means that your role with the company has … First, I'm going to ask you a few questions; please answer honestly. And help yourself to refreshments—those PartyMom …
Read more on The New Yorker

Time To Remodel Your Solo Practice
Hands down the biggest stumbling block to growth is failing to ask yourself the tough questions. At least once a month you have to have a conversation with yourself (if you're a solo) or your staff or mastermind group. Ask yourself these questions …
Read more on Above the Law

Claims surge at deadline for GM ignition-switch compensation fund
Meanwhile, a federal bankruptcy court is deciding whether to allow claims to proceed. GM went into bankruptcy and was reconstituted as a result of the 2009 federal auto industry bailout, raising questions about its legal liability for claims that …
Read more on Washington Post

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