Category Archives: Bankruptcy and Debt Relief
Avoid Debt Settlement Fraud With These 5 Tips
Criminals love to target people who are desperate because they’re in a vulnerable emotional state, making them susceptible to believing things that seem too good to be true. Desperate people are easy targets because they don’t see the red flags that would otherwise raise suspicion. The total US consumer debt has reached over $3.4… Read More »
Here Are 5 Things You Should Never Do Before Filing for Bankruptcy
Filing for bankruptcy isn’t something to be taken lightly. It’s a last resort decision that will stick with you for years to come. So, if you decide to file, it’s important that you understand how to properly begin the process. This includes avoiding certain mistakes that will hold you back. Don’t Make These 5… Read More »
Life After Bankruptcy: 4 Ways To Recover And Thrive
Many people today survive on credit. Even if they’re not living on credit cards, they’re living in houses they bought on credit (and are still paying off the mortgage), and they’re also paying for cars they bought on credit. Many people also have businesses that rely on revolving credit. For people whose lifestyle depends… Read More »
Paying Your Overdue Debts Doesn’t Have To Be Stressful
When interest rates are low, people jump on the opportunity to take out a personal or business loan. For example, after the 2008 financial crisis, interest rates were next to nothing and were not significantly increased until 2015. This extended period of time has given people a long time to pay off their existing… Read More »
Know Your Rights: 8 Things to Know About Debt Collectors
If you have outstanding, unpaid balances, it’s standard practice for organizations to call in a debt collection service. These services will contact you about repaying the debt. Often, it can be a cordial and professional encounter, but at other times they might use scare tactics to get what they want. Some debt collectors even… Read More »
The 7 Most Common Questions About Bankruptcy
If you’re struggling with thousands of dollars in debt, you aren’t generating much income, and you consistently fail to make payments, bankruptcy might enter your mind as an option to move forward. On the surface, bankruptcy seems like a get-out-of-jail-free card, capable of forgiving all your debts so you can move on with your… Read More »