Today we’re going to tackle the third step in the process of overcoming your debt. Before we get into those details, let’s take a look at the five steps. In order, they are: Cut Expenses Maximize Income Get Current on Everything Use the Dave Ramsey Debt Snowball to Arrange Your Debts Make a Call Every …

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This is the second post in the series regarding the five steps to debt elimination. In the previous post I discussed how to cut expenses to minimize your outgo of money each month. Today we’re going to focus on the income side of things. Let’s talk about how to bring the income up as high …

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You want to be debt free, right? Excellent! This post is all about the first of the five steps I teach about how to eliminate debt. Before we get into the details of this step, I’ll go ahead and give you the five steps, in order. They are: Cut Expenses Maximize Income Get Current on …

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Overview Though the name may sound fancy, a Deed in Lieu of Foreclosure is simply where a borrower gives the property back to the lender (voluntarily) instead of having the lender foreclose on the property. Of course, everyone who is having trouble paying the mortgage isn’t eligible for a Deed in Lieu of Foreclosure – …

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What is a Short Sale? In simplest terms, a short sale is when you sell your home for less than is owed on it. As you may imagine, this process must be approved by the lender and usually comes with lots of strings attached. Nonetheless, as an alternative to foreclosure or bankruptcy, a short sale …

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