Chapter 13 bankruptcy is one of the most popular forms of personal bankruptcy. It allows people to protect their biggest assets without liquidating anything and to regain control of their finances even if they make a decent wage. Chapter 13 Bankruptcy is also called...
Month: September 2021
Credit card debt could help or damage your credit score
If you have credit card debt, the chances are that the debt you carry could influence your independence. Using credit in the right ways can help you boost your credit score and get you better interest rates on loans such as your mortgage or vehicle loan. However,...
Young adults often develop credit card debt early in independence
Moving out of a childhood home is one of the first major steps toward adulthood. However, it has become increasingly expensive to do. The cost of living independently often forces young adults into significant credit card debt. Although historically older adults with...
Tips to handle the emotional side of bankruptcy
Even when you know well that you have made the right decision, filing for bankruptcy can be difficult. It’s not something you really wanted to do or that you planned to do. You know it can help you and that it’s the best option, but you have to adjust your thinking to...
Should you consolidate your medical debt?
When people are in debt, one of the main options they tend to look at is debt consolidation. There are times when debt consolidation can be an excellent choice, but it’s not always the right solution. Consolidating medical debt may seem like a good way to reduce your...