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Many people don’t realize what kind of aggressive collection efforts are legal until they fall far behind on one of their financial accounts. If all you have had experience with so far has been vaguely threatening letters and repeated phone calls to your house and place…
If you’re interested in bankruptcy but you’re still earning a wage, you may find out that you don’t qualify for Chapter 7 bankruptcy. You simply earn too much money to use this, even though you still feel that you have too much debt to pay off.…
Having your own home isn’t just the American dream. It is also an important step for those who want long-term financial stability. Unlike a monthly rental payment, which can increase with little warning, what you pay for your mortgage every month will typically remain the same…
Many people think about the possibility of filing for bankruptcy for a while before they actually take that step. Some of them might not realize that they’re going to have to do some work as they prepare for bankruptcy. One thing that you’ll have to do…
You’re struggling to pay back your bills, and much of it has to do with a few thousand dollars in credit card debt. Maybe you had an emergency situation and you had no choice but to put the charges on the card. Maybe your spouse simply…
When you borrow money from a business, you will sign a promissory note or similar legal documents that obligate you to repay the amount owed. Whether you need money to cover medical care or to finance the purchase of a vehicle, you will have to repay…
If you are worried about how you will ever pay back your student loans, it is crucial to remember there are many others out there in the same position. The price of property and essentials continues to rise, but the salaries you hoped your education would…
Living paycheck-to-paycheck means constantly monitoring how you spend your money. Sometimes, unexpected bills arrive suddenly, such as when your spouse has a tooth infection. Other times, a short month like February ends with bills coming due before you have the money to pay them. Losing just…
You were ill and needed to go to the hospital for emergency care. You stayed there for weeks, and only just now are you well enough to start getting back to your normal life. You knew that your bills would be high, but you never expected…
If you’re struggling with debt and know that a creditor is taking you to court, it’s important to note that wage garnishment could be their next step. With wage garnishment, the creditor goes to court and asks the judge to approve garnishment from your normal salary…
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