Author: Lola Ponce

Lola Ponce is a writer specializing in debt consolidation and related financial topics. She has a passion for educating people on how to manage their finances and improve their financial standing. Lola's journey into the world of finance began with her studies in Business Administration at the University of California, Los Angeles. Her coursework there inspired her to delve deeper into the financial industry, and she began writing for financial blogs and websites. Through her writing, Lola has become a trusted voice in the debt consolidation and financial industry. She has authored numerous articles and reviews of financial companies, exposing scams and fraudulent practices to help readers make informed decisions. One of Lola's most notable achievements is her work in educating readers on debt consolidation options. She has written extensively on topics such as debt consolidation loans, credit counseling, and debt settlement, providing readers with valuable insights and advice. Lola's writing style is concise, informative, and approachable. She has a talent for explaining complex financial concepts in a way that is easy for readers to understand, making her a valuable asset to any website or publication. Overall, Lola Ponce is a dedicated and knowledgeable writer who is committed to helping readers improve their financial wellbeing. Her expertise in debt consolidation and related financial topics makes her an invaluable resource for anyone seeking to better understand their finances.  

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Tax debt is a significant financial burden that can cause stress and anxiety for individuals and businesses. When taxpayers owe money to the Internal Revenue Service (IRS), it’s natural to wonder if there’s a way for that debt to disappear over time. In this comprehensive guide, we’ll explore the question, “Does IRS debt go away?” We’ll delve into the various aspects of tax debt resolution, including the IRS statute of limitations, statute of limitations on back taxes, options for addressing tax debt, and the role of tax professionals. IRS Tax Debt Overview Before we dive into the longevity of IRS…

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Taxation is a complex and often bewildering aspect of personal and business finance. While taxpayers have a duty to pay their taxes, they are also protected by various rules and regulations that govern the tax collection process. One of the crucial protections in the world of taxation is the statute of limitations. Among the various time limits that apply in tax matters, the 10-year statute of limitations stands out as a significant and widely recognized rule. In this comprehensive guide, we will delve into the intricacies of the 10-year statute of limitations on back taxes, covering what it entails, how…

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The Internal Revenue Service (IRS) plays a pivotal role in collecting taxes and ensuring compliance with tax laws in the United States. However, just as taxpayers have responsibilities, they also have rights, one of which is the protection provided by the IRS statute of limitations. This rule places a time limit on the IRS’s ability to assess and collect taxes, creating a sense of finality and certainty for both taxpayers and the government. In this comprehensive guide, we’ll explore the IRS statute of limitations with a specific focus on the 7-year rule, covering what it entails, statute of limitations on…

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Medical debt can be a significant burden on individuals and families, especially if they are already facing financial difficulties. However, it is essential to understand that medical debt, like any other type of debt, has a statute of limitations. The statute of limitations is the legal time limit within which a creditor or debt collector can take legal action to collect a debt. This comprehensive guide will provide an overview of the statute of limitations for medical debt, including what it means, how it works, and how it can impact your finances. People also tend to compare debt consolidation vs…

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What Debt Consolidation Services Does Lendwyse Offer

A lien sale is a legal process that enables a lienholder to sell a property or vehicle to recover unpaid debts. Conducting a lien sale can be a complicated process, but it’s essential to follow the steps outlined in this guide to ensure a successful sale. In this article, we will discuss everything you need to know about conducting a lien sale, including preparing for the sale, providing notice to the debtor, advertising the sale, conducting the auction, completing the sale, and tips for success. You can also compare debt consolidation vs debt settlement. What is a Lien Sale? A…

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Federal Energy Tax Credit

If you’re carrying debt, it can be tempting to use your savings to pay it off. After all, reducing or eliminating your debt can improve your financial situation and reduce stress. However, using your savings to pay off debt is not always the best strategy. There are pros and cons to this approach, and it’s essential to weigh them carefully before making a decision. In this article, we’ll explore the pros and cons of using your savings to pay off debt, including when it makes sense to do so and when it doesn’t. Additionally, you can also compare debt consolidation…

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Litigation Practice Group Review

When it comes to real estate law, there are two primary approaches to ownership: lien theory and title theory. Both approaches have their advantages and disadvantages, and understanding the differences between them is essential for anyone involved in buying, selling, or managing real estate. In this article, we’ll explore the differences between lien theory and title theory, including how they work, their pros and cons, and how they affect real estate transactions, you can also compare debt consolidation vs debt settlement. What is Lien’s Theory? Lien theory is a legal concept that governs the relationship between the borrower and the…

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If you’re considering lending money to someone to purchase a car, you may want to consider putting a lien on the vehicle. A lien is a legal claim that allows you to take ownership of the car if the borrower fails to repay the loan. This can be a valuable way to protect your investment and ensure that you get paid back for the money you’ve lent. However, putting a lien on a car can be a complicated process, and it’s important to understand the steps involved before proceeding, you can also compare debt consolidation vs debt settlement. In this…

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The national debt is a persistent concern for governments around the world, as it can impact economic stability and growth. However, some countries have managed to avoid this issue altogether by maintaining a debt-free economy. In this article, we will take a closer look at these nations and examine the factors that have allowed them to remain debt-free, you can also compare debt consolidation vs debt settlement. From small island nations to larger world powers, we’ll explore the unique economic strategies that have enabled these countries to thrive without incurring any national debt. Countries Without National Debt Liechtenstein: Liechtenstein is…

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Debt is a common issue that affects millions of people in Texas and around the world. While it’s important to pay your debts on time, sometimes unforeseen circumstances can make it difficult or impossible to do so. Texas has specific laws regarding the statute of limitations on debt, which governs how long a creditor has to file a lawsuit to collect a debt. Understanding these laws is essential for anyone dealing with debt in Texas, you can also compare debt consolidation vs debt settlement. In this article, we will provide a comprehensive guide to the statute of limitations for debt…

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