A Chapter 7 bankruptcy can change your life, and although it may seem negative at first, that change can be a positive influence on your financial future. A Chapter 7 bankruptcy allows you to liquidate assets to pay off your debts, and there are protections in place to help you keep things like a much-needed
Receiving a medical bill in the mail can be traumatic, as staying just a few nights in the hospital can lead to hundreds or thousands of dollars in debt. If you receive a bill that is exorbitantly high, what recourse do you have? The first option to consider is negotiating. With the internet, it’s possible
If you’ve ever had a credit card, you know that you have a minimum amount that you must pay each month. This payment, known as a minimum payment, is designed to keep you paying interest on the card for as long as possible. It’s how the company makes money and how you stay in debt.
If you decide to declare Chapter 7 or 13 bankruptcy, it’s a major decision that you are making for your financial welfare. It’s possible that this is the best way to move forward to tackle your debt and get into a better financial spot, particularly if you don’t think that you could pay off your
A news article from Oct. 27 has made a loaded statement; it claims that banks are beginning to issue credit cards again like they did in the year 2007. For many years, banks had decided not to lend very much and most of the teens and young adults in the millennial group have paid their