Unexpected financial hardship? Need extra money in your pocket? There will always be a tempting reason to make the minimum payment on your credit card bill, especially if you are dealing with high balance accounts. Don’t do it; here’s why.Read more
You have exhausted all options. You’ve reduced expenses, skipped meals, you’ve tried everything to save money but see no progress. Chapter 7 Bankruptcy could be a way out. But, how will it work for or against you?
Millions of consumers feel threatened every year by collection calls. A debt attorney is best qualified to help you understand and protect your rights so you can fight back against harassing debt collectors in and out of court.
You start getting notices about an old debt you had already forgotten so you worry. Unscrupulous collection agencies can force you to pay for debts that are past the statute of limitations. If you don’t know your rights this can happen to you.
We know what you’re going through. A debt collector has contacted you with a debt that you are not sure is legitimate. You’re on a tight budget so paying right away is not an option. A debt validation letter might just be what you need.
For some, filing for bankruptcy will not only bring a lot of much needed relief, may actually seem like a smart financial step. Bankruptcy could clear away a lot of debt and truly provide a fresh start. However, there are situations where filing for bankruptcy can be a very bad idea. In this article I’ll discuss 4 scenarios where filing for bankruptcy can end up being more trouble than it’s worth.
Maintaining a good credit score is more critical than ever. A good
credit score enables you to obtain additional credit for important life
purchases, such as a car or a home. You can often score better insurance
rates with a high credit score, and forego deposits on your utilities
the next time you move into a new residence. Your credit score can even
affect your job prospects.
According to Experian, consumer debt has risen 3% over last year,
soaring well over the $1 trillion mark. With personal debt continuing to
skyrocket, more and more consumers are turning to bankruptcy to ease
their financial burden. For some, bankruptcy may be the right decision,
but it’s not a decision to take lightly. It may sound like a quick fix
to all your financial problems, but a bankruptcy can cause severe damage
to your ability to obtain credit long into the future.