People may choose to file bankruptcy for many different reasons, ranging from job loss to an unsuccessful attempt to start a small business. However, when looking at the most commonly-cited reasons for personal bankruptcy filings, one issue stands out more than most...
Month: September 2023
Can a debt collector contact you on social media?
Over the past decade, the way debt collectors can legally contact you has expanded. In the past, they were restricted to letters and phone calls. Today though, with ever-present digital technology, debt collectors have the legal authority to use what is available –...
Medical creditors can be some of the most aggressive
Hospitals and other healthcare providers often try to develop a brand based on competence and compassion. Patients expect that those treating their medical concerns will truly want them to be as healthy as possible. Many modern doctors now employ a more holistic...
How long does someone have to make missed mortgage payments?
The average person who obtains a mortgage to purchase a home intends to do everything in their power to make the payments on the property. After all, the house where someone lives is the collateral property for that mortgage, which means that missed payments can cost...
These popular loans trap people in debt
Times are tough right now, and a lot of people have exhausted their cash reserves just trying to cope with inflation. When a financial emergency happens, that can leave them without the immediate resources they need to handle the situation. That’s why many people turn...
