When overwhelming debt faces you, you have two different options from which to choose to help alleviate your financial distress: debt settlement and bankruptcy. Filing for Bankruptcy or debt relief options often seems like a last resort; in reality, they’re not; they give you control of your financial situation. Each offers distinct advantages and disadvantages, so it is vital to…
Being in debt proves stressful enough on its own but owing a debt in the middle of a pandemic can throw debtors into a downward spiral with no end in sight. While many Americans enjoyed a reprieve from debt collection practices during the height of the coronavirus pandemic, several of those programs remain scheduled to…
The American economy has taken a striking blow due to the COVID-19 pandemic. The shutdown of business across numerous industries has been felt across the spectrum. Unemployment rates are reaching astronomical highs with over 30 million Americans having to register for unemployment compensation within the past few weeks alone. With financial devastation at such alarming…
Dolor from tellus in libero semper, et cursus magna semper amet magna dolor.
Dolor nec ultricies augue. Vivamus sagittis – sed tellus in libero semper, et cursus magna semper.
Get Out of and Stay Out of Debt Whether you are struggling with a mountain of debt or a more reasonable amount, your main financial goal is to get out of that debt, and then stay debt-free. One of the best ways to achieve this goal is through budgeting, and while it may sound obvious,…
Anyone who has ever before faced down a mountain of debt will know all too well the desperate feeling of being out of options. Truth be told, there are very few available to get out of debt: you can fully pay it off, settle for some smaller amount, or go ahead and file for bankruptcy.…
If used wisely, credit cards can allow you earn reward points, finance vacations or large purchases for 0%, or other beneficial financial maneuvers. However, many people use credit cards irresponsibly and for the wrong reasons, such as to buy things they cannot actually afford. While credit cards can seem to help you stay afloat in…
Millions of people each year take advantage of the fresh start provided by the U.S. Bankruptcy Code. In many cases, people who file for bankruptcy are able to eliminate all of their debts and are often able to obtain credit in a relatively short period of time after their bankruptcy has been finalized. As a…
Chapter 13 bankruptcy, also known as a “reorganization bankruptcy,” is the second most common type of bankruptcy utilized by consumers in the United States. It differs from a Chapter 7 bankruptcy in that instead of liquidating a debtor’s non-exempt assets in order to pay off creditors, Chapter 13 allows debtors to keep their property while…
