Bankruptcy

Many people find their cars essential to allow them to earn a living. This is especially true for those who live in rural areas that lack a good public transport system. When they lack the funds to buy a vehicle outright, their only option is to get one on finance....

Exploring your options for debt removal may have led you to decide on filing for bankruptcy. You may have found that most people file for either Chapter 7 or Chapter 13 bankruptcy. Chapter 7 bankruptcy, as you may already know, is a liquidation plan, which allows you...

Few people manage to survive on cash alone. Most rely on their credit score to borrow money. A good credit rating can help you do a lot of things. For example, buying a home, starting a business, paying for medical treatment or mending the car so you can get to work....

Many people who find themselves facing bankruptcy will blame credit cards. They will say that they simply spent too much money, they got in debt and they have no way to get out of it. If they use Chapter 7, they want to eliminate that debt, or they want to use Chapter...

Filing for personal bankruptcy has two options - Chapter 7 or Chapter 13. Understanding the differences can help you to make the best choice. Here are some things to consider: Only Chapter 7 can wipe your debts This is why many people instantly assume that Chapter 7...

The lender that financed your home purchase technically has an interest in your property until you completely pay off your existing mortgage. If you miss a few payments, you may face aggressive collection efforts, which make culminate in foreclosure proceedings. Your...

The holidays are a time when people buy gifts for their loved ones and some may travel more than normal. This can sometimes be financially overwhelming.  Some individuals opt to put those purchases on a credit card, which means they’ll have monthly payments until the...

Bankruptcy is one of the only legal methods of protecting yourself from intense collection activity like lawsuits. People who have lost control over their unsecured debts or worry about aggressive collection activity like repossession or foreclosure related to secured...

There are plenty of options when it comes to payday loans, and they’re a popular solution for people who need quick cash. Moreover, they’re easy to obtain, and a credit check isn’t required. Usually, lenders will only need a checking account, a valid ID and proof of...

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...