Year: 2022

How long does wage garnishment last?

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...

How do you avoid bankruptcy fraud?

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...

What is predatory lending? 

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...