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Millions of Americans felt a sense of relief in August when President Joe Biden announced his long-promised student loan forgiveness program. It is designed to cancel up to $20,000 in loan debt for borrowers with Pell grants and up to $10,000 for those without them. Some…
Bankruptcy is a great financial relief program for people who’ve fallen on hard times. When debt becomes overwhelming – due to medical bills, interest or late fees – debtors often consider one of two forms of bankruptcy: Chapter 7 and Chapter 13 bankruptcy. Chapter 7 bankruptcy…
People who are going through financial difficulties might ultimately consider filing for bankruptcy. Making sure that you’re doing what’s in your best interests is important. The only way to do this is to ensure you understand the process and what it entails. Many people have the…
No one ever goes into bankruptcy proceedings feeling happy about their situation. On the contrary, most Tennessee residents feel pretty terrible that they reached a point where bankruptcy was the solution. Overwhelming debt can affect anyone and does not necessarily mean you behaved irresponsibly. If you…
There are many forms of cancer, and each one will require specialized medical treatment. Chemotherapy, radiation and surgery are among the common treatments used to help people defeat cancer. The success rates for such treatments have improved significantly in recent decades, meaning that many more people…
People are often quick to only blame the person who took out a loan or a line of credit if they can’t pay it back. They assume that this individual made a mistake and took out an unaffordable loan. But some types of lending are actually…
When you owe money and do not have the resources to pay the debt in full immediately, creditors may choose to take you to court. If they have evidence validating the debt and their claim that you fell behind on payments, they could secure a judgment…
It sometimes feels like everyone uses credit cards almost all of the time. But this is certainly something of a new phenomenon, and there are still big differences in the ways that various generations view and use these cards. Considering the fact that credit cards often…
Many who owe creditors thousands of dollars try multiple methods to pay off such debt. However, many supposed techniques for debt relief simply do not work. They could even make your circumstances worse. If you are determined to explore every possibility before investigating bankruptcy as a…
Filing bankruptcy can help you when your financial situation gets out of control. However, it can also cause your credit score to fall. While this may be disappointing news, the truth about how bankruptcy impacts your credit score may help you see why filing may be…
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