Bankruptcy

These days, money is tight for a lot of folks – and a lot of businesses know that people simply don’t have the cash reserves or available credit for a major purchase. Hence the proliferation of ads trying to tempt consumers with "buy-now, pay-later" plans. These kinds...

Wage garnishment is a legal process that allows a creditor with a valid claim to intercept a portion of someone's income before they receive their paycheck, thereby forcing them to make payments on a financial obligation. A garnishment is often the outcome of a...

Bankruptcy may negatively impact your credit score, but it doesn't have to define your financial future and well-being. As soon as the dust settles, it's the perfect time to embark on a journey toward regaining financial freedom. Rebuilding your credit score is an...

Those with sizable student loans are often unsure of what their financial obligations related to their education will mean during a bankruptcy. Many people have heard the myth that bankruptcy cannot discharge student loan debts. That claim is not true. There are rules...

To get a payday loan, you need to prove that you have some level of income, and then you’re given an amount of money that you have to pay back when you get your next paycheck. For example, maybe your paystubs show that you make $1,000 every two weeks. A payday loan...

You’ve just graduated college and now you’re looking at a large number of student loans for your troubles. It’s likely going to take some time before you can pay off all of your student loans. Seeing how much you have can be overwhelming. How are you going to pay it...

Getting a credit card can help in a lot of ways. It can help pay for gas, food, school books, clothes or even the occasional night out. But, eventually, creditors are going to want their money back and you’ll be responsible for paying it.  There are many ways you can...

Filing for bankruptcy can be a difficult decision, but it can also be the first step toward regaining financial freedom. Therefore, it is prudent to understand how things work and what you can do to make the most of the bankruptcy process. An excellent starting point...

People often worry about declaring bankruptcy because they think that it will make future borrowing impossible. For example, maybe you’re facing medical debt and credit card debt that you would like to eliminate through bankruptcy. But you’ve also always dreamed of...

People who’re swimming in debt may benefit from filing for bankruptcy. A person who takes advantage of this opportunity will have the benefit of an automatic stay, which is a court order that halts collection attempts by creditors. The automatic stay, garnishments and...