Even though we set out swearing by our financial goals and want to fulfil all our dreams and aspirations, there are all the chances that we might deviate and fall short of our targets. You will not even come to know when heaps of debt start piling on you and you become liable to pay the banks thousa
Although there are many ways to repair damaged finances, one of the most common methods is through a personal bankruptcy claim. The propensity for filing has increased with recent changes in the economy, prompting more and more people to consider it as a viable option. While there are certainly alte
The national debt is a growing concern to millions of Americans. The U.S. Treasury has the daunting task of paying national bills and managing the debt load. The debt ceiling is a tactic used by the Treasury to limit the amount of debt at a given time.
Those who were planning to use their home to get a line of credit for financing home improvements, education and other big ticket items will soon be in for a rude awakening.
Choosing to seek bankruptcy relief might be a quick decision, but the process definitely takes a while. There are various things you must do before you are able to file, in many cases. Quite often, if you wish to file for bankruptcy, you need to take credit counseling classes so you can understand t
If you're in a financial hole, you might consider offering to settle a collection account so that at least you pay something. Letting the bill sit can open you up to a lawsuit or, at the least, constant phone calls and letters. However, settling a collection account offers you few benefits. Althoug
A creditor can only garnish your wages after suing you in court and winning a judgment against you. Usually, a creditor will not sue until it becomes apparent that you are either unable or unwilling to pay your debts. Combined with the time it takes to file and win a lawsuit, you may have months or
Are you in over your head with bills? Do you feel like you're drowning in past poor decisions? And no matter what you do they never seem to get off your back? It's a sad state to be in when you feel debt has suddenly piled up and taken over while income seems to have reduced or gone out of
Most bankruptcies today are filed under Chapter 7 of the federal Bankruptcy Code. However, If you make too much money to qualify, you may have to file under Chapter 13. Many people are not familiar with Chapter 13 requirements, which differ noticeably from Chapter 7. There are certain advantages and
Although the word "midwife" leads one to think of labor and delivery, nurse midwives actually provide health care services to women of all ages. Primary health care for women in inner cities and isolated rural areas is better because of the work of nurse midwives, according to the University of Mary
Are you considering filing bankruptcy?If so, then you know there is a Chapter 7, which is a fresh start type of bankruptcy, and a chapter 13, which is a debt repayment plan.
With effective negotiations we can solve many issues of personal bankruptcy. There are thousands of families and individuals who are buried under the stacks of debts. Last year, due to economic recession many people got fired from their jobs.
In its simplest terms, repossession is little more than a creditor coming to your house to ask you to return something that you have failed to make payments on. Perhaps in the past you had a good job and finally were able...
A large amount of people are afflicted by a depressive illness. They considered that depression is only a normal occurrence of their lives, which will go away after a short while. They just haven't realized how serious depression could be.
Getting an auto loan after a bankruptcy can be stressful, but it is very doable. You may find yourself in a spot that you never dreamed would ever happen to you.
When considering debt settlement vs bankruptcy one should always look at the whole picture. Like will it be possible to rebuild credit after bankruptcy? How will it be renting after bankruptcy? These questions should be asked in order to really know for sure if one should be filing for bankruptcy or
Some debtors believe that if they voluntarily give up possession of financed property, they are no longer responsible for the debt. While relinquishing secured property back to the lender can lessen the amount owed, the debtor is still liable for any remaining debt after the lender sells the propert
America's economy seems to being taking a continuing freefall, including new home foreclosures and layoffs that are reported by the media every day. With this unfriendly economic environment, there should be no surprise in learning ...
If a person holds money in a joint account, the other owner listed on the account is a co-owner of the account balance. Either party can withdraw all of the money in the account without notifying the other unless special arrangements are made. This co-ownership of the account can cause problems when
Bankruptcy, regardless of the chapter, rarely allows you to simply discharge a secured debt like an auto loan. There are several ways you may restructure your debt and continue to make payments, though you may find it difficult to expunge the auto loan and somehow retain possession of your vehicle.