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When you’re just starting out with your first job, first apartment and first real budget, it can sometimes be hard to make ends meet. You may have student loans, credit card debt and necessary expenditures that add up. It’s common to live paycheck to paycheck in…
If you’re in the process of filing Chapter 13 bankruptcy, you may think this holiday season will have to be one with no gifts. That doesn’t have to be the case. You just need to adhere to the requirements of the repayment plan you’ve set up.…
Student loan debt in the US amounts to a number that exceeds $1 trillion. Consequently, if you are feeling overwhelmed by your financial obligations, you are most likely not on your own. Substantial debts can obstruct your ability to move forward in life. For example, excessive…
With the holidays approaching, now may be a time when you’re looking to buy gifts or to travel. Everything that you do over the holidays could end up being too much for your regular income, so like many people, you may turn to your credit cards.…
Many people believe that medical debt is reported to the major credit bureaus and will result in damage to their credit scores. However, this isn’t necessarily true. In fact, medical debt won’t be reported to the credit bureaus as long as it stays with the original…
Americans mired in student loan debt have been anxiously watching to see if the current administration and Congress act on their assurances that they want to do something about the devastating toll that this debt takes on so many people. President Joe Biden has reportedly been…
Individuals who would benefit from filing for personal bankruptcy often put off filing until they have no other choice. One of the reasons people procrastinate when it comes to filing bankruptcy is that they believe the myth that bankruptcy will permanently destroy their credit. Although bankruptcy…
If circumstances have made you fall behind in your car payments, the lender may consider repossessing your vehicle. However, a Chapter 7 bankruptcy can temporarily delay your car repossession, allowing you more time to fix the situation. Once you file for Chapter 7 bankruptcy, it triggers…
In the United States, medical care is notoriously extremely expensive. Americans pay thousands for procedures that are free in other countries. What this means is that even a minor issue may cost far more than most people just have on hand. When people think of overwhelming…
If you are dealing with debt, one of the things you may want to consider is going into bankruptcy. Bankruptcy is usually a good idea for those who have tried other debt-resolution options, such as consolidating or negotiating down debts, but that still have significant debt…
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