Wage garnishment is a process by which a creditor can collect money directly from your wages. They can only do this by getting a court order, and then your employer is instructed to send that percentage of your wages to the creditor. This means that it is deducted...
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....
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...
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...
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...
If you’re in debt, you’ve most likely considered a debt settlement program as your way out of debt. This is because of the potential amount of money you will save. However, while debt settlement can save you money by allowing you to resolve your debt for far less...
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...
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 predatory and they’re designed...
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 related to the...
Those who are in debt are often stereotyped as reckless spenders. The truth is that millions of Americans find themselves in debt through no fault of their own. Facing substantial debts can be stressful and it is by no means an easy situation to get out of. Some...
