DebtHelper.com Blog

HECM Reverse Mortgage Effects on Interest Deduction

By , Posted on Apr 24, 2009
General

As a HECM counselor, I speak with seniors all the time who are concerned about not being able to deduct their loans interest from their taxes every year. Even though they are reducing their expenses by doing the HECM Reverse Mortgage, many seniors still count on that deduction every year. Why can’t the seniors deduct...

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DebtHelper.com is licensed in Indiana now…

By , Posted on Apr 23, 2009
General

Good new….DebtHelper.com is now licensed in the state of Indiana. So now we can help consumers in Indiana.

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Debt Settlement how it works

By , Posted on Apr 11, 2009
General

I called a Company Genisis debt settlement the other day and the lady said that the amount they charge is 10% of the settled amount. This would be about $3,400 on my $34,000 debt and then they charge a $55 fee on top of that for 48 months ($2640) for a grand total of $6,040....

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