You Deserve A Fresh Start
If you owe someone money, your creditor will explore all the possible debt recovery options. If they take the legal route and convince the court, your paycheck may be garnished. Consequently, the court will direct your employer to withhold a portion of your salary...
A deed in lieu of foreclosure and bankruptcy are two different options available to homeowners struggling with their mortgage payments and facing the possibility of foreclosure. Both options can help homeowners avoid foreclosure, but they serve different purposes and...
Like many Americans, you probably try to pay your medical bills even if it means skipping another financial obligation. Most people worry that they can no longer obtain health care if they fall behind on their medical bills, so they typically prioritize them. Sooner...
Individuals who choose to file for bankruptcy are often tired of having to deal with creditors calling them in an effort to collect money. Because creditor harassment can be emotionally draining and the risk of collection actions can be truly stressful, many...
When you’re being contacted by phone, email and letter by debt collection companies or your creditors, it’s a scary situation. The easiest thing to do is to try and ignore the problem and not respond. It can feel like too big of a task to try and tackle. However, that...
While bankruptcy will discharge most of your debts, your credit score will be negatively impacted. It can be hard to get a credit card, a mortgage or even a personal loan with a low credit rating, and if you do, the interest rates could be high. Fortunately, your...
If you’ve been suffering from an illness for some time or found yourself in an accident that left you with life-changing injuries, you’ll know the toll it can take. Not only on your body physically but on your mental health, well-being and finances. It’s a hard...
When filing for bankruptcy, the court usually issues a discharge. A discharge means you are no longer responsible for certain debts (there are exclusions to what debts are included). This is the desired outcome; however, there are situations where a discharge may be...
When some people file for bankruptcy, they wonder if opting for Chapter 13 is a good idea. (Chapter 13 bankruptcy deals with payment arrangements.) If you’re unsure whether Chapter 13 is appropriate for your financial situation, read its advantages and disadvantages...
If you’re behind on your bills, you’re already aware that collectors will hound you as much as they legally can – and some don’t seem to care about violating the law. The debt collection industry has a sort of internal hierarchy, and at the very bottom are so-called...
