Debt Consolidation and Personal Finances: Learn the Truth!

An inability to manage credit, growing debt and bankruptcy are all major problems today. On an average day, over 8,000 people file bankruptcy in the United States alone. The Internet is rife with companies that promise help and salvation; to the uninitiated, their words and assurances prey upon those wanting a painless solution.

The January post-holiday credit card bills are often the proverbial straw that breaks the camel's back, where families now have to face the problem of how to pay for the holiday gifts and celebrations without sliding further into debt.

Avoiding these problems, and recovering from overwhelming debt, are what Real Life Debt.com is all about: it's a resource site that's dedicated to helping you learn about your options with credit card debt, debit cards, debt management, debt counseling, privacy, deciding about bankruptcy (and the different types of bankruptcy), and more.

Founder Dave Taylor explains "As a private, independent initiative, we're sure that you'll find Real Life Debt.com to be an excellent resource for understanding and managing your own financial issues. To ensure accuracy, the materials on this site are all from the United States government: one goal of Real-Life-Debt.com is to help people find the excellent material produced by the Federal Trade Commission, Federal Reserve, Consumer Information Center, and similar organizations."

In addition, Real Life Debt also features a weblog (a "blog") with postings from different individuals who share their own challenges managing their personal finances, including bankruptcy, credit card penalties, and much more.

Real Life Debt is an unbiased source of credit card, debt management, privacy and bankruptcy information, without commercial sponsors or a sales pitch. To ensure accuracy, much of the material is from U.S. government sites.

Dave Taylor has been involved with the Internet since 1980. He's written sixteen technical and business books including the best-selling "Creating Cool Web Sites", and his most recent projects are startup 101 info and Ask Dave Taylor.

In The News:


BBC News

Oil slides below $50 a barrel amid economic concerns
MarketWatch - 1 hour ago
... his administration won't use some of the $700 billion from the Troubled Assets Relief Program to buy debt securities. , , ) fell 33 points, or 0.4%, ...
Mortgage-Backed Securities Remain Toxic BusinessWeek
It Isn’ta TARP Without Troubled Assets to Cover: Caroline Baum Bloomberg
Paulson's Ever-Changing Bailout Human Events
New York Post - Bangor Daily Newsall 399 news articles

Dividend.com

GMAC Applies for Status as Bank, Begins Debt Swap (Update3)
Bloomberg - 1 hour ago
More than 100 lenders, insurers and financial companies have applied to the government for at least $65.8 billion in funds through the Troubled Asset Relief ...
GMAC Seeks Bank Holding Company Status TheStreet.com
GMAC seeks bailout CNNMoney.com
GMAC seeks approval for bank holding company status - Update2 RTT News
CNNMoney.comall 230 news articles

Md. board OKs help for Rocky Gap, sports museum
Forbes, NY - 18 hours ago
The Board of Public Works also approved $440000 in debt relief for the fiscally ailing Sports Legends Museum at Camden Yards in Baltimore. ...

Nigeria: N360 Billion Debt Relief Fund - So Long a Tale of Many ...
AllAfrica.com, Washington - Nov 17, 2008
This is a newly built hospital under the primary healthcare scheme sponsored by the government under the debt relief funds scheme. ...

Fears rise over possible Ecuador default
MarketWatch - 23 hours ago
By Polya Lesova, MarketWatch NEW YORK (MarketWatch) -- Fears are rising that Ecuador may default on its external debt, as a national audit commission has ...

Debt Relief for Impoverished Nations
Columbus Free Press, OH - Nov 17, 2008
Debt relief or debt cancellation gives the opportunity for Heavily Indebted Poor Countries (HIPC) to reprioritize funds and focus on development, ...

San Mateo County district attorney, California officials sue debt ...
TMCnet - Nov 12, 2008
At attorney for the companies -- which include Bills.com, Freedom Debt Relief, Freedom Tax Relief, Freedom Student Loans and Freedom Mortgage -- said the ...

Legislation to target deceptive debt relief
Norwalk Plus Magazine - Nov 14, 2008
“These ‘debt negotiators’ are in the business of charging high fees for services that may be performed for a nominal fee or even free of charge,” Governor ...

Home Warranty of America Speaks with Tax Expert about Key Details ...
MarketWatch - Nov 18, 2008
... last December Congress stepped in to provide temporary relief in the form of forgiving this debt, but only for the 2007, 2008 and 2009 tax years. ...

Citigroup CDS surge in doubt over debt guarantee
Reuters - 19 hours ago
... TARP money was not adequate," Kleinbaum said, referring the government's Troubled Asset Relief Program. Debt protection costs on General Electric's (GE. ...
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